#WCT#

WalletConnect Token (WCT) has been on a good run lately. According to market data, as of May 28, 2025, WCT’s price is trading at around $0.93 - $0.95 USD, and has increased by 30% to 40% in the last 24 hours.

WCT’s recent performance and highlights:

* Current Price (approximately): $0.93 - $0.95 USD.

* 24-Hour Trading Volume: Quite high, ranging from $430 million - $560 million USD. This shows that interest in the token is increasing.

* Market Cap: Around $173 million - $177 million USD, and ranked 336th on CoinGecko.

* All-Time High Price (ATH): Reached an all-time high of $0.9545 as of today.
* Short-Term Rise: Significant increases of 30-40% in the last 24 hours, 30-40% in the last 7 days, and 50-60% in the last 30 days.

Reasons for this rise and what you need to know about WCT:

* Core Component of the WalletConnect Network: WCT is the native utility and governance token of the WalletConnect Network, which provides secure and seamless connections between decentralized applications (dApps) and crypto wallets. This network serves as a critical infrastructure in the Web3 ecosystem, supporting over 600 wallets and over 40,000 dApps.
* Token Functions: WCT has four primary functions:
* Fees: Payment tool for network services.
* Rewards: Used to incentivize network participants (wallet providers, node operators, etc.).
* Staking: Users can contribute to network security and earn rewards by staking WCT.
* Governance: WCT holders can vote on network upgrades, fee structures, and strategic initiatives.

* Airdrop: The launch of WalletConnect Token and airdrop events have encouraged community engagement by allowing early adopters and network participants to claim and stake tokens.

* Technical Analysis: Various technical analyses indicate that there is strong bullish momentum in WCT/USDT and technical indicators are positive for a potential breakout.

It has a very fast developing and growing potential, it is a coin that I would definitely recommend.