High token supply and unlocks: A significant portion of $WCT WCT's supply is currently locked, with 65.21% of the circulating supply unlocked on November 15, 2025. Historically, such large unlocks can create substantial selling pressure and price volatility due to market dilution.
Fundamental utility and Web3 adoption: WCT is the native utility token for the WalletConnect network, which serves as a decentralized communication protocol connecting cryptocurrency wallets with dApps across many blockchains. If Web3 adoption continues to grow and WalletConnect maintains its position as a leading connection standard, the demand for WCT could increase.
Governance and staking: The WCT token is used for governance, allowing holders to participate in network decisions, and for staking, enabling users to earn rewards. On November 12, 2025, Binance offered a 25% APR staking reward for WCT, which could create temporary demand and offset some sell pressure. However, long-term profitability depends on sustained utility and market interest beyond short-term incentives.
Competition and market cycles: As a Web3 infrastructure project, WalletConnect faces competition. The overall health of the crypto market, driven by market cycles and major trends like Bitcoin halvings, will also heavily influence WCT's price trajectory.
Technical analysis and price history: As of mid-November 2025, technical indicators show bearish signals, with WCT trading below key moving averages. The all-time high of WCT was $1.37, significantly higher than its current price, and it has experienced substantial declines in recent months.
Disclaimer: This analysis is based on available information and market trends as of November 15, 2025. Cryptocurrency markets are highly volatile, and investing in WCT carries significant risks. This is not financial advice, and investors should perform their own thorough research before making any investment decisions. #MarketPullback #CryptoScamSurge #AltcoinMarketRecovery #CryptoIn401k #GENIUSAct $BTC to $WCT
