Recently, I noticed the daily trend of WCT, I don't know how much room there is for this trend in the future?
$WCT (WalletConnect Token) is the native token of the WalletConnect network, launched in September 2024 and deployed on Optimism's OP Mainnet, with a total supply capped at 1 billion.
WCT plays a dual role of reward and governance in its ecological network, aiming to incentivize participation and drive decentralized governance.
#WalletConnect is an open-source protocol that aims to connect cryptocurrency wallets with decentralized applications (dApps) in a secure and decentralized way.
It enables users to interact with dApps without revealing their private keys through QR codes or deep linking technology, enabling cross-chain interoperability and a seamless user experience.
@WalletConnect is the core infrastructure of the Web3 ecosystem, supporting more than 600 wallets and 40,000 applications, and has facilitated more than 185 million on-chain connections to date, serving more than 30 million users, covering multiple blockchain networks such as Ethereum, Solana, Cosmos, Polkadot, Bitcoin, and more.
Wallets are a core component of the Web3 ecosystem and have a significant positive impact on the growth and adoption of Web3 projects.
Wallets enhance user autonomy and decentralization, everyone can own their own on-chain assets, and promote the popularization and growth of the dApp ecosystem, wallets are the gate to the blockchain.
With the growth of Web3 users, wallets will also become an important entry point for traffic competition, and which wallet is safe and easy to use is also the first choice for users.
At present, the price of WCT is $0.32, and I don't know if there are any surprises in a longer period, after all, there is no wallet token out of the circle.
Of course, the crypto market is highly volatile, and the trend of WCT is affected by a variety of factors, including market sentiment, project development and the overall crypto market trend.
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