Price: ~$0.2199 USDT - Chart Pattern: Forming a Falling Wedge, which is generally a bullish reversal pattern â suggesting a potential upward breakout. - Moving Averages: Mostly in Buy zones â momentum appears to be shifting positively. - RSI (Relative Strength Index): Around 74.13 â indicates Overbought territory, so a short-term pullback may occur. - MACD: Slightly positive â early signs of bullish momentum.
â Reasons Why WCT Looks Good (And Why You Might Not Want to Miss Out)
1. Its Core Role in the Web3 Infrastructure
WCT is the governance and utility token of the WalletConnect system, which securely and seamlessly connects decentralized wallets to DeFi applications across networks like Ethereum, Optimism, and Solana.
It allows its holders to participate in system decision-making, including proposing and voting on improvements.
2. Strong Growth Since Launch
The token launched (IEO) at a price of around $0.02 in April 2025 and reached about $1.35 at its peak in May 2025, growing by more than 18 times approximately.
Despite the decline from its price peak, trading remains stable well above the average launch price.
3. Reasonable Liquidity and Market Cap
Daily trading ranges from approximately $100â200 million, which is a good size for medium-sized altcoin activity.
The market capitalization is around $70 million with a circulating supply of about 186 million out of a total of 1 billion.
4. Positive Technical Moves
In May 2025, the price rose from a previous support area (~$0.60) to around $1.10â1.16, driven by a technical breakout and an increase in trading volume.
This breakout was seen as a transition from a consolidation phase to a clear upward trend.
5. Future Prospects According to Predictions
Some platforms predict the price to rise to between $0.56â0.67 in the coming period, and within the range of $1â2 by 2026â2027 in growth scenarios.