WalletConnect (WCT)
WalletConnect is an open protocol that securely communicates between wallets and Dapps (Web3 Apps). A bridge server is used to relay payloads, which are encrypted with a shared key between the two peers. The connection is initiated by one peer displaying a QR Code or deep link with a standard WalletConnect URI and is established when the counter-party approves the connection request. An optional Push server can also be used to allow native applications to notify the user of incoming payloads for established connections.
1. WCT Basic Info
| Symbol | WCT |
| Name | WalletConnect |
| Web Site | https://walletconnect.network/ |
| Wallet | None |
| Source | None |
| Explorer | https://etherscan.io/ |
| Forum | None |
| Mining | |
| Supply | 1000000000 |
| Available Supply | |
| Market Cap | 0 |
| White Paper | |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | None |
| Proof | None |
| Total | 1000000000 |
| Release Date |
2. WCT Technical Info
2.1 WCT Kline Chart Price
2.2 WCT Technical Analysis
The market is showing strong signs of volatility and potential for further price declines. The dramatic drop from 0.42 to 0.2867 within a few days indicates a significant bearish sentiment and a possible sell-off. The large volume on February 25th suggests substantial market participation in the downward trend. The subsequent days show stabilization, but at lower price levels, with decreasing volumes, which might indicate a period of consolidation. The daily K-line chart paints a picture of a market attempting to find a bottom after a severe price correction. The price action lacks strong bullish signals, suggesting that any recovery will likely face resistance. There is a high probability of continued price fluctuation and short-term declines. The consolidation might be short-lived, and a break below the recent lows is possible. Traders should anticipate possible price swings, and a cautiously bearish outlook is recommended.
3. WCT News Info
3.1 WCT News List
- 20250225
Gate.ioThe pre-market contract function is launched for the first time, and the first pre-market contract project WCT is about to start đ
LBank has launched WalletConnect (WCT) pre-market trading đ - 20250221
WalletConnect Foundation Raises $10 Million in Token Sale đ
WalletConnect Raises $10M in Four Token Sale Rounds, Transfers to Be Available Soon đ - 20250214
WalletConnect Completes $4 Million CoinList Community Funding đ
3.2 WCT News Analysis
The data reveals a clear trend: the increasing prominence and adoption of WalletConnect (WCT). Funding rounds and pre-market trading announcements suggest significant investor interest and anticipation for WCT s launch. This indicates a potentially valuable cryptocurrency or token poised for market entry. The concentrated activity around WalletConnect, particularly with exchanges like Gate.io and LBank actively supporting pre-market trading, points towards strong ecosystem development. The successive rounds of funding and the quick turnaround to pre-market trading imply rapid growth and investor confidence. We can predict that WCT is nearing its official launch or significant rollout, likely resulting in heightened market attention and potential price volatility. Continued expansion through exchange listings is also highly probable.
