💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
In the current turbulent Crypto Assets market, WalletConnect Token (WCT) has attracted the attention of many investors. Let's objectively analyze the investment potential of this project.
The current trading price of WCT fluctuates between $0.40 and $0.43, with a total market capitalization of approximately $62 million. The circulating supply is 186 million coins, while the total supply is 1 billion coins. It is noteworthy that WCT reached an all-time high of $1.37 at the end of May this year.
However, investors need to be aware of the upcoming token unlocking events. Starting from November 2025, the tokens held by the team and the foundation will be unlocked in batches. This means that in the next one to two years, there will be a large supply of new tokens in the market, which may exert some downward pressure on the token price.
Nevertheless, WCT has also demonstrated some positive characteristics. First, its token allocation plan is relatively reasonable, with over 50% of the tokens allocated for the development of the ecosystem. Second, WalletConnect, as a standard tool in the industry, has practical application scenarios and user demand. More importantly, the network fee mechanism that may be introduced in the future is expected to bring more value capture opportunities for WCT.
In summary, the investment strategy for WCT may need to distinguish between short-term and long-term. In the short term, considering the upcoming unlocking events, investors should maintain a cautious attitude. However, in the long run, if the WalletConnect protocol can successfully realize value monetization, WCT may have a promising development outlook.
Regardless, it is advisable for investors to conduct in-depth personal research and fully understand the project's development dynamics and potential risks before making any investment decisions. In the Crypto Assets market, maintaining a rational and cautious attitude is always a wise choice.