WalletConnect Token (WCT) is making waves in the crypto space with its impressive price movements and robust ecosystem. Here are some key highlights:
*Key Features* - *Token Functions*: WCT powers the on-chain UX ecosystem, serving as a reward and governance mechanism. It has four primary functions: - *Fees*: Token holders can vote on fees for network services like relay usage. - *Rewards*: WCT tokens are distributed as rewards to incentivize participation and contribute to network security and efficiency. - *Staking*: Participants can stake WCT tokens to earn rewards and participate in governance. - *Governance*: WCT holders can vote on proposals and changes, giving the community control over the network's development ¹.
*Market Performance* - *Current Price*: WCT's price is around $0.6332, with a 4.7% increase in the last 24 hours. - *Market Cap*: The market capitalization of WCT is approximately $112.29 million. - *Circulating Supply*: There are 186.2 million WCT coins in circulation, with a maximum supply of 1 billion ² ³.
*Potential and Future Prospects* - *Growth Potential*: WCT has great growth potential, especially when the bull market comes. Its value may surge as the ecosystem expands and more users participate. - *Listing on Exchanges*: WCT is listed on several exchanges, including Binance, OKX, and Bybit, making it easily accessible for traders ⁴ ⁵.
*Community Sentiment* - *Bullish Sentiment*: The community is bullish about WCT, with 78-100% of users feeling positive about the token's prospects ² ⁴.
$PEPE is a meme token with no intrinsic value, utility, team, or roadmap—meant purely for entertainment, as stated by its creators. Despite its popularity, it will never reach $1 due to its massive supply and speculative nature — here's why. With a total supply of 420.69 trillion tokens, reaching $1 would mean a market cap of over $420 trillion—more than the entire world economy combined. Even a 50% price jump from current levels would require billions in new capital, which is highly unlikely for a coin with no real use case. #PEPE runs purely on hype, trends, and community sentiment, and while those can cause short-term spikes, they’re not enough to drive long-term, massive price increases.
A lot of people point to PEPE’s burn mechanism as a way to increase scarcity and boost value—but the reality is more complex. Yes, some tokens are burned through one-time events and small transaction-based mechanisms, but the circulating supply has barely changed. In many cases, new tokens are reintroduced via rewards or airdrops, canceling out the burns. Even large burns—like 6.9 trillion tokens in October 2023—caused only short-term price bumps, not sustained growth. Without major, consistent burns and a real utility behind the token, the effect is limited.
In short, while Pepe Coin’s meme power and viral energy keep it alive, it’s unlikely to ever hit $1 or even come close. The huge supply, lack of real-world use, and inconsistent burn results make it more of a speculative token than a long-term investment. Anyone holding PEPE should understand that its price depends entirely on community hype—not fundamentals.
The airdrop is confirmed On May 7th, the OBOL airdrop Eligible users will receive the airdrop within 20 minutes Today is the 2nd, and there are 5 days left until the 7th That means there are 5 days to trade Because most people's points have caught up There are plenty of people with 100 points With 5 days left, that's 10 points a day So that's 50 points, plus deductions, going up to 120-130 The tokens for this airdrop are on chain $ETH It's estimated that many people will rush to sell the airdrop Which will cause gas fees to rise sharply The suggestion is: when you receive the airdrop, don't rush to sell This is the airdrop on the 7th, and the new chain has not yet been announced Anyway, it's a race, various races, gas fees are really unbearable😭
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$INIT Update – New ATH Achieved, Now Entering a Downward Trend #INIT recently made a new all-time high at $0.9857 after a powerful rally from $0.2000. However, after this sharp rise, the trend has shifted downward, with price now pulling back and trading around $0.7066. Market Recap: ATH Reached: $0.9857 Current Price: $0.7066 24h Range: $0.6751 – $0.9480 What’s Next? If INIT fails to hold above $0.7000, the selling pressure could intensify and push it lower toward $0.6500 or below. A bounce back above $0.7500 could help stabilize the price and attract new buyers. Stay cautious as volatility remains high on newly listed coins after major rallies. Trade here on $INIT $INIT
$ETH #EthereumFuture Ethereum whales stepped in to buy the dip, adding more than 130,000 ETH to their wallets in a single day. Ethereum under pressure: possible drop to $1000 Bloomberg’s Mike McGlone warns that ETH could reach $1000 if traditional markets continue their decline. The strong link between Ethereum and risk assets puts it at risk of further correction. ETH 1W Nice bounce! Obviously markets react to the 90-day pause on tariffs. 👉 So basically we have 3 months for markets to rally (remember my mid-term rally scenario, right?) I really want to see the weekly candle close above $1550 and print a green hammer candle 🤞
#EthereumFuture #EthereumFuture Ethereum whales stepped in to buy the dip, adding more than 130,000 ETH to their wallets in a single day. Ethereum under pressure: possible drop to $1000 Bloomberg’s Mike McGlone warns that ETH could reach $1000 if traditional markets continue their decline. The strong link between Ethereum and risk assets puts it at risk of further correction. ETH 1W Nice bounce! Obviously markets react to the 90-day pause on tariffs. 👉 So basically we have 3 months for markets to rally (remember my mid-term rally scenario, right?) I really want to see the weekly candle close above $1550 and print a green hammer candle 🤞