- Distribution and Circulation: Total supply of 1 billion tokens, initial circulation of 18.62%. Token distribution includes foundation, airdrops, teams, etc. Early institutional holdings and private placement costs are low, with concentrated selling pressure on the first day. Although the circulation rate appears low, it becomes a factor for price suppression, and there is inertia in the selling pressure from private placements. - Valuation and Profitability: After going live, the circulating market value and FDV (Fully Diluted Valuation) reflect the market's complex emotions towards infrastructure-type tokens. WalletConnect has low annual revenue but a high market-to-sales ratio, far exceeding competitors. However, if the planned "tiered connection fee" model is implemented, it may optimize valuation. - Functionality and Mechanism: The token's functions include governance, staking, fees, and rewards. Currently, only staking and trading are activated, while fee scenarios await community voting. The market-making mechanism stabilizes prices but exacerbates volatility. The staking APY is high, but part of it comes from inflation, creating a "mine, withdraw, sell" closed loop, with low airdrop claim rates. #WalletConnect $WCT @WalletConnect
- Online Performance: Launched on multiple exchanges including Binance in April 2025, driven by listings on Upbit and promotions on Binance, the price has seen significant surges and corrections, with high volatility; caution is needed against short-term selling pressure and market sentiment impacts.
- Competitive Landscape: Facing a dual valuation coordinate system, it must benchmark against wallet tokens while competing with established projects in the infrastructure track. Although there is potential for network effects, many existing connections offer free services, leading to a low token economic conversion rate, requiring the conversion of technological advantages into economic value. #WalletConnect $WCT @WalletConnect
- Launch Performance: Launched on multiple exchanges including Binance in April 2025. Driven by the listing on Upbit and promotions on Binance, the price has experienced both surges and pullbacks, showing high volatility. Caution is needed regarding short-term selling pressure and market sentiment.
- Competitive Landscape: Facing a dual valuation coordinate system, it must benchmark against wallet tokens while competing with established projects in the infrastructure sector. Although there is potential for network effects, many of the existing connections offer free services, leading to a low token economic conversion rate. The technical advantages need to be transformed into economic value. #WalletConnect $WCT@WalletConnect
- Technology and Ecological Foundation: As the interoperability protocol WalletConnect, which popularizes the crypto world, its token has developed since 2018, accumulating over 275 million wallet and DApp connections, covering 600+ wallets and 61,000+ applications. The penetration rate of the 'connection layer' exceeds 90%. The protocol supports multiple public chains, with a 'chain-agnostic' design serving as the 'connection hub' in the Web3 ecosystem, benefiting from network effects and technical advantages. - Token and Economic Aspects: - Distribution and Circulation: The total supply is 1 billion tokens, with an initial circulation of 18.62%. Token distribution includes foundation, airdrops, teams, etc. Early institutional holdings have low private placement costs, and the selling pressure on the first day is concentrated. Although the circulation rate appears low, it acts as a price suppression factor, with inertia in private placement selling pressure. - Valuation and Profitability: After going live, the circulating market capitalization and FDV (Fully Diluted Valuation) reflect the market's complex emotions towards infrastructure tokens. WalletConnect has low annual revenue but a high market-to-sales ratio, far exceeding competitors. However, if the plan for a 'tiered connection fee' model is implemented, it may optimize valuation. #Walletconnecet $WCT@WalletConnect
A newbie lost 300u in a week, this is my first time entering the crypto world.
1. I bought 100u worth of altcoin spot, because I didn’t understand, I saw that with 10u I could buy millions of them, thinking I could get rich if it went up, just like Bitcoin. I bought things like bob, and it dropped by more than half, feeling deceived, so I sold it, leaving me with 30u from 100u.
2. I saw the contracts and contract events in the square, at first I didn’t understand the contracts and was too lazy to figure it out, but the events were simpler, like guessing big or small. So I played a bit, the more I played, the more addicted I became, I lost 5u a few times which was painful, then I directly gambled 56u and still lost it all. I am now in a permanent cooling-off period, having lost a total of 100u. Later I thought about it, winning once on events gives an 80% return, which means that even if you win or lose 50-50, you will still lose 10%. It’s meaningless, so I stopped playing.
3. I started studying contracts, at first I didn’t understand, I directly shorted an altcoin with 10u at 75x leverage, and in one second I lost 22u, which frightened me so I quickly closed it, my first contract loss was 25u. Later, I saw a mask that was plummeting, I shorted it and made over 70u (I had previously posted about it), which made me very happy. But then I played altcoins for two days and lost a total of 100u, giving back what I had made 🤮
4. I stopped playing altcoins and just watched ETH and BTC, then watched others analyze and place orders, with both gains and losses. In the end, I lost everything this time because of ETH last night; I got liquidated due to holding my position. You can hold through countless successful retracements, but getting liquidated only takes one time.
OK, in conclusion, don’t play events, don’t use high leverage and large positions when trading altcoins, don’t hold positions if you need to cut losses. If I hadn’t held that position last night, I would still have 40% of my position left. Lastly, brothers, please follow me, I will share my experiences in the crypto world, and we can learn and discuss together.
MOCO skyrocketing and plummeting! Are you brave enough to bet on this life-and-death game?
#现货
Today, watching MOCO's K-line, my heart is about to jump out!
This thing is like a roller coaster, surging 15% in the morning, then directly halved in the afternoon—what does that mean? Just when you count your profits, you turn around and lose everything!
But its underlying technology does have some merit, with anonymity crushing old-school coins, and its cross-chain ecosystem is quite smooth, with institutions quietly accumulating shares—there’s no hiding the traces... But! The scene of retail investors chasing the rise is just like last year's “air coin” harvesting!
You ask me if I'm anxious? Ha, which day in the crypto world isn’t anxious? But if MOCO can truly break through the technical bottleneck, isn’t this price a bargain? But what if the big players dump and run?
Tsk tsk, this gamble, is it thrilling? Anyway, my position has been divided into ten parts, playing while withdrawing—after all, surviving is the only way to witness the next “hundredfold myth”!
For more information, follow + comment! Don't just guess blindly, seize the opportunity~