The crypto market is in full manipulation modeโwhether you go long or short, you lose. Big whales are fighting, and small investors are getting eaten up. ๐ซฃ
Bitcoin nears $107K as Trump deploys National Guard in LA. Ethereum ETF inflows hit $837.4M in 15-day streak. Nasdaq proposes adding XRP, SOL, ADA, XLM to crypto index. Market cap dips 4.1% to $3.33T, but resilience seen in top coins. #CryptoNews #Bitcoin #Ethereum
WalletConnect Token (WCT): Empowering Web3 Connectivity on Binance
WalletConnect Token (WCT): Empowering Web3 Connectivity on Binance The WalletConnect Token (WCT) has emerged as a pivotal asset in the Web3 ecosystem, and its recent listing on Binance has sparked significant interest among crypto enthusiasts. Launched as the 67th project on Binance Launchpool on April 15, 2025, WCT is the utility token of the WalletConnect Network, a decentralized protocol designed to bridge crypto wallets and decentralized applications (dApps) securely and efficiently. What is WalletConnect (WCT)? WalletConnect is an open-source, cross-chain protocol that simplifies the connection between digital wallets and dApps. By using QR codes or deep links, it eliminates the need for browser extensions, offering a seamless and secure user experience. Since its inception in 2018, WalletConnect has facilitated over 150 million connections for more than 24 million users across 600 wallets and 40,000 applications, supporting blockchains like Ethereum, Solana, and Bitcoin. The WCT token, an ERC-20 token with a total supply of 1 billion, plays a central role in this ecosystem, enabling governance, staking, and performance-based rewards. WCT on Binance Launchpool Binanceโs Launchpool allowed users to farm WCT by locking assets like BNB, FDUSD, and USDC from April 11 to April 14, 2025. A total of 40 million WCT tokens (4% of the total supply) were distributed as rewards, making it an attractive opportunity for early adopters. Upon listing, WCT opened for trading with pairs including WCT/USDT, WCT/USDC, and WCT/BNB, starting at $0.20 and quickly surging to $0.40, reflecting strong market enthusiasm. Market Performance and Potential As of May 20, 2025, WCT trades at approximately $0.6569, with a 24-hour trading volume of $198.7 million and a market cap of $122.3 million, ranking #315 on CoinMarketCap. The token has shown bullish momentum, with a 17.90% price increase in 24 hours and 35.20% over the past week, outperforming the broader crypto market. Analysts on platforms like TradingView have noted WCTโs breakout from a symmetrical triangle, predicting potential rises to $0.87 or even $5.20 in the short term. Why WCT Matters WCTโs value lies in its utility within the WalletConnect Network, which powers over 15 million monthly connections and supports the $2 trillion Web3 economy. Token holders can participate in governance, stake for rewards, and benefit from future fee structures. The protocolโs interoperability and focus on user-friendly Web3 experiences position WCT as a cornerstone of decentralized connectivity. Risks and Considerations Like all cryptocurrencies, WCT is subject to high market volatility. Investors should conduct thorough research and consider their risk tolerance, as past performance is not indicative of future results. Binance emphasizes that users are solely responsible for their investment decisions. Conclusion The WalletConnect Token (WCT) represents a promising opportunity in the rapidly evolving Web3 space. With its Binance listing and robust ecosystem, WCT is well-positioned to drive the future of decentralized connectivity. As always, potential investors should stay informed and exercise caution in the dynamic crypto market.
A potential market correction may be approaching, with bullish sentiment building rapidly. Here's a summary of recent key developments:
Reports suggest Michael Saylor is preparing to acquire over $80 billion worth of Bitcoin.
A new tariff agreement between the U.S. and China is underway.
Jim Cramer has stated there is "no recession" in sight.
Members of Trump's cabinet have hinted at increasing focus on Bitcoin.
Senator Cynthia Lummis has claimed that Trump may purchase 1 million BTC.
These major bullish headlines are emerging just as Bitcoin tests a significant supply zone around $96Kโ$98K. The timing is suspiciously perfect. #BinanceHODLerSTO
Bitcoin has just broken past $93K ๐, up 6% today on easing trade tensions and heavy spot-ETF inflows, while #Ethereum surged 13.6% to ~$1.8K. Altcoins from #SOL to #XRP are in rally mode as institutional buying kicks in. Plus, Trumpโs new โcrypto reserveโ plan is fueling more bullish bets ๐ฅ
WalletConnect Token (WCT) is Coming to Binance Launchpool!
Get ready for the launch of $WCT, the native token of the WalletConnect Network โ a powerful infrastructure built to improve on-chain experiences for dApps and wallets.
Token Fundamentals:
Total Supply: 1,000,000,000 WCT
Initial Distribution:
WalletConnect Foundation โ 27%
Airdrops โ 18.5%
Team โ 18.5%
Rewards โ 17.5%
Previous Backers โ 11.5%
Core Development โ 7%
Functions: Governance, Staking, Rewards, and (future) Fee Utility
Note:
WCT will initially be non-transferable until the community votes to enable it.
Token Sale Highlights:
Platforms: CoinList, Bitget LaunchX
Sale Price: $0.20
Raised: $4 million
Vesting: 100% unlock once transferability is enabled via governance
Price Prediction (Based on Previous Launchpool Data):
2x Potential: $0.40
5x Potential: $1.00
10x Potential: $2.00+ (Based on past performance of tokens like $SUI and $RDNT โ not financial advice)
Conclusion:
WCT isnโt just another token โ it powers an ecosystem trusted by wallets and dApps globally. With staking, governance, and future utility, it could be one of the most promising launches this year.
Stay tuned as WCT hits Binance Launchpool soon. This might be one to watch closely!
#BTCBelow80K On April 6,7, 2025, Bitcoin (BTC) experienced a notable decline of approximately 4.8%, with its price dropping to around $79,067. This downturn is part of a broader trend influenced by several macroeconomic factors.
A significant contributor to this decline is the recent escalation in trade tensions. Former President Donald Trump's announcement of new trade tariffs has heightened economic uncertainty, impacting investor confidence across various markets, including cryptocurrencies. These tariffs have led to fears of a potential recession, prompting investors to move away from riskier assets like Bitcoin.
Silkbank to be officially delisted from PSX on April 7, 2025, following its merger with United Bank Limited (UBL). A major step in Pakistanโs banking sector consolidation. #Silkbank #UBL #PSX #BankingNews #PakistanEconomy #FinanceNews #MergerAlert
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