$WCT
Today, February 10, 2026, the WalletConnect Token (WCT) is struggling to find a definitive floor, trading at approximately $0.0575 amid a broader market rotation that favors larger assets. Despite a high daily trading volume exceeding $30 million, which signals significant liquidity and interest from active traders, the token is down roughly 5.2% over the last 24 hours. Technical indicators currently lean toward a "Strong Sell" bias as the price remains stuck well below its long-term moving averages and over 95% off its all-time high of $1.34. While the project continues to expand its utility through initiatives like the Wave 2 Staking Rewards—offering a 30% APY to incentivize holding—the market remains wary of a large "overhang" from the 65% of the total supply that is still locked. Investors are closely monitoring the **$0.055 support level**, as a breach below this point could trigger a retest of the recent all-time low, whereas a push above the $0.065 resistance would be needed to shift the current bearish narrative.
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