$WCT T (WalletConnect Token) is the native utility token of the WalletConnect Network — a protocol that enables users to connect wallets to decentralized apps (DApps) across multiple blockchain ecosystems. It’s used to incentivize participants and support governance within the WalletConnect ecosystem.
🔎 Market Performance
All-Time High: ~$1.34–$1.37 in May 2025.
All-Time Low: ~$0.0505 in February 2026.
WCT has seen significant decline from its peak and volatility remains high given its wide trading range and sharp drawdowns.
📈 Price Drivers
Bullish Factors
Integration into multiple exchange launch programs and incentives.
Ecosystem growth of WalletConnect tools could increase token utility.
Bearish / Risk Signals
Big drawdowns from peak prices reflect speculative trading and volatility.
Token unlocks (scheduled releases of new tokens) can increase selling pressure.
Crypto markets remain uncertain, and WCT often underperforms larger altcoin peers.
📉 Technical Snapshot (From Past Data)
Historical support near lows (~$0.05–$0.06) and resistance around prior peaks.
Past analysis indicated volatility and speculative interest were major forces behind price movements.
