🧠 Analysis of WCT On-chain Holding Structure: Are Large Holders Locking Up, While Small Investors Are Everywhere?
Recently, the market for WCT (WalletConnect Token) has experienced significant fluctuations, and many are concerned: where exactly is the concentration of this token's holdings? Are large holders in control? Today, let's help everyone break it down simply 👇#WalletConnect
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🟢 Understand the WCT Holding Structure at a Glance:
🔹 Total Supply: 10 billion tokens
🔹 Current Circulation: Approximately 187 million tokens (circulation rate below 20%)
🔹 Market Cap Ranking: No.493
🔹 Holding Addresses: Over 300,000!
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🧳 1. Are Large Holders in Control?
Most WCT is still locked up, and the core distribution structure is as follows:
• ✅ Project Foundation: 27%
• ✅ Team Members: 18.5%
• ✅ Early Supporters: 11.5%
Most of these shares are locked linearly, so there won't be a massive sell-off at once. Although the concentration of large holders is not low, the release pace is controllable, meaning strong selling pressure cannot form in the short term.
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🧍♂️ 2. There Are Quite a Few Small Investors
Previously, an airdrop distributed 50 million WCT, covering over 130,000 users, with each address receiving a small allocation, resulting in an overall holding structure that is somewhat “sprinkled like pepper”.
🟡 This means:
The WCT community is broad, with wide distribution and many airdrop users, leading to a high proportion of retail investors.
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📆 3. Keep a Close Eye on Lock-up Releases
The next few months are crucial:
• 🗓️ July and November will see some unlocking events
• 🐋 Keep an eye on large holders' movements; sudden reallocation by whales may cause volatility.
However, currently, large holders have not made large-scale withdrawals, indicating a stable period. @WalletConnect
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📌 4. My Opinion
✅ Positive Points: High lock-up ratio, low circulation, many retail investors, active project
⚠️ Caution: Future unlocking pace and large holder dynamics still impact prices.
If large holders choose to increase their holdings or participate in governance, a new round of growth may be imminent; conversely, if they focus on cashing out, caution is advised in the short term. $WCT
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If you like this kind of analysis, remember to like + follow!
I will continue to track WCT on-chain dynamics and let you know immediately if the whales move🐳📉📈
