WCT Token Slides 7% After All-Time High; Binance LiquidityBoost, Incentives Aim to Stabilize Market
WCTUSDT is currently trading at 0.4549 USDT on Binance, reflecting a 7.11% decrease over the past 24 hours, with a 24-hour opening price of 0.4897 USDT. The recent price decline can be attributed to ongoing profit-taking and market corrections following a sharp rally to an all-time high of $1.37 on May 31, 2025, and subsequent large token transfers to exchanges, which likely increased selling pressure. Despite recent positive developments, such as the upcoming inclusion of WCTUSDT in Binance's Altcoin LiquidityBoost program and new incentive campaigns, market sentiment appears cautious after significant volatility and rapid price swings in late May and early June.
WCTUSDT has seen substantial trading activity, with a 24-hour volume of $163,744,291 and a market cap of $84,539,147, ranking it #395 by market capitalization. The token has experienced a consistent downward trend in price over the past week, following its recent peak and amid increased market activity and ecosystem announcements.