#WCTToken As August 2025 begins, WalletConnect Token (WCT), the native token of the WalletConnect Network, is trading around $0.32, showing stability with potential for volatility. This guide provides traders with key price levels, technical insights, market drivers, and actionable strategies for navigating WCT’s market.
WCT Price Snapshot
Price: ~$0.32 USD
24-Hour Change: +1.5%
Market Cap: ~$59.6M
24-Hour Volume: ~$30M
Circulating Supply: 186.2M WCT
Total Supply: 1B WCT
Key Levels
Resistance: $0.35 → $0.40
Support: $0.30 → $0.28
Technical Outlook
WCT is consolidating near $0.32 after a recent dip to $0.30. The 4-hour RSI (54) indicates neutral momentum, while a bullish MACD divergence suggests potential upside if volume picks up. Declining exchange supply and community optimism on X support a cautiously bullish bias.
Bullish Case: A break above $0.35 could target $0.40, especially with airdrop or governance news.
Bearish Risk: A drop below $0.30 may test $0.28, signaling short-term weakness.
Trading Tip: Monitor volume for a breakout above $0.35 or dips to $0.30 for accumulation.
Market Drivers
Sentiment on X: Posts on X reflect growing interest, with users citing WCT’s role in cross-chain connectivity and airdrop campaigns (e.g., 50M tokens distributed). Some caution persists due to recent price declines.
Network Adoption: WalletConnect powers 300M+ connections across 47.5M users and 67K projects, making WCT a key Web3 infrastructure token.
Token Utility: WCT supports staking, governance, and future fee structures (currently zero but votable). Transferability began April 15, 2025, increasing liquidity.
Market Context: WCT’s -5.4% weekly performance underperforms the broader crypto market (+0.6%), but its all-time high of $1.35 (May 31, 2025) shows upside potential.
Trading Tip: Watch for airdrop updates or listings on exchanges like Binance, OKX, or LBank, which could drive volatility.
On-Chain Signals
Exchange Supply: Reduced WCT on exchanges hints at accumulation.
Staking Activity: Growing staking for governance and rewards strengthens network security.
Node Operations: Contributors like Consensys and Ledger enhance decentralization.
Trading Tip: Track staking metrics and exchange flows for signs of buying pressure.
Expert Take
“WCT’s ecosystem is a Web3 backbone. As adoption grows, $0.50+ is feasible by year-end with governance activation.”
— Crypto Analyst on X
Trader’s Playbook
Scalp Breakouts: Target $0.35–$0.40 on volume-driven moves.
Buy Dips: Accumulate at $0.30, with stops below $0.28.
Track Catalysts: Monitor airdrop distributions, governance proposals, or new exchange listings.
Risk Management: Use tight stops given WCT’s volatility and low market cap (#512–#698 rank).
Conclusion
At $0.32, WCT is a speculative play with strong fundamentals in Web3 connectivity. A break above $0.35 could signal a rally toward $0.50, but traders must navigate volatility and monitor adoption catalysts. Stay informed via X and on-chain data to capitalize on opportunities.
Note: The $0.32 price is an estimate based on mid-2025 data ($0.3059–$0.33). Adjust levels for real-time prices.$WCT
