#WalletConnect $WCT WCT Coin is the native token of WalletConnect, a tool that has both opportunities and risks in the future. Speaking of opportunities, WalletConnect is currently quite important in the Web3 space, helping wallets connect with various decentralized applications, having facilitated over 150 million connections, linking over 600 wallets and 40,000 applications. As Web3 develops, the demand for cross-chain solutions is increasing, and WCT Coin can be used for governance and incentivizing participation. If this ecosystem continues to grow, its value may rise. Moreover, it can be staked, used for voting on decisions, and to pay transaction fees, which can encourage more people to join and help the network run sustainably, potentially benefiting token holders. Additionally, it is already listed on major exchanges like Binance and OKX, making it easy to buy and sell, with a significant following.
However, risks must also be mentioned; cryptocurrencies are heavily influenced by global regulations, and strict regulations could affect WCT Coin's trading and development. Prices may also fluctuate significantly due to early investors selling. Furthermore, if WalletConnect's ecosystem does not develop as well as expected, or if it is outperformed by similar tools, WCT Coin may lose its value. $WCT