WCT Token Analysis.
$WCT just dipped back into the $0.309–$0.310 zone after touching a high of $0.329—consolidation underway.
Holding above $0.308 resistance? A move to $0.35+ could be next. 🚀
Key levels from analysts: support at ~$0.3116, resistance zone around $0.339–$0.349.
WCT, or WalletConnect Token, is the native cryptocurrency of the WalletConnect Protocol. This protocol is an open-source communication system that standardizes how users interact with blockchain applications (DApps) through their cryptocurrency wallets, facilitating secure and reliable communication without revealing private information.
Understanding WalletConnect and the Role of WCT:
WalletConnect Protocol: WalletConnect connects millions of users, wallets (over 600 wallets), and thousands of DApps across all blockchains. It enables a seamless and decentralized user experience on the blockchain.