In the dynamic world of the cryptocurrency market, the surges of coins are always a hot topic that catches the attention of investors and enthusiasts alike. Among them, the recent performance of MoonRetriever Coin, although not the main focus here, reflects the volatile nature of this market. Meanwhile, WCT Coin has also been making waves with its significant price movements and unique market position. Let's take a closer look at the phenomenon of WCT Coin's surges and conduct an in - depth exchange analysis.
WCT is the native token of the WalletConnect protocol. Its value is firmly anchored in the activity of its underlying technical ecosystem. Currently, the protocol has supported over 15 million on - chain connections, is compatible with more than 600 cryptocurrency wallets, and over 40,000 decentralized applications (dApps). This extensive infrastructure layout provides real - world use cases for WCT. When users engage in cross - chain transactions or wallet connections, they need to consume WCT as a transaction fee, creating a genuine demand for the token.
As the DeFi and Web3 application scenarios continue to expand, the usage frequency of WCT has been increasing year by year. For example, in 2024, the on - chain interaction volume soared by 320% compared to 2022, which clearly shows the vitality of the ecosystem. This increasing demand from actual use cases is one of the fundamental factors driving the potential growth of WCT Coin.
The cryptocurrency market is highly interconnected. Bitcoin (BTC) price has a strong correlation with WCT. Currently, BTC is at a crucial juncture of breaking through the $80,000 key resistance level. If it manages to break through, it may trigger a new bull market cycle. Historical data shows that in 2021, when BTC reached a high of $64,000, WCT once had a market performance of a 17% single - day increase. This indicates that the price movement of WCT is closely related to the overall market trend, especially the performance of Bitcoin.
However, it's important to note that WCT also has its own unique situation. Its "World Cup theme" design has potential legal risks, which may have an impact on its long - term development and market sentiment.
Exchange listings play a significant role in the price movement of WCT Coin. After a series of exchange listings, the price of WCT has experienced significant surges. For instance, after a wave of exchange listings, the price of WalletConnect surged 27%. On April 15, WCT opened as high as $0.4113 and was currently up over 70%. And on April 16, affected by the news that Bithumb would launch WCT in the Korean won market, the 24 - hour涨幅 of WCT expanded to 217%, temporarily reaching $0.6358.
As of July 7, 2025, WCT is listed on multiple exchanges such as LBank, FameEX, Binance, Upbit, MXC, Gate.io, and CoinW. Here is a table showing some of the trading data on these exchanges:
| Exchange | Trading Pair | Latest Price (¥) | 24H Turnover (¥) | Proportion |
|---|---|---|---|---|
| LBank | WCT/USDT | 2.21 | 3799.17 thousand | 18.3% |
| FameEX | WCT/USDT | 2.36 | 1681.85 thousand | 8.1% |
| Binance | WCT/USDT | 2.14 | 1471.42 thousand | 7.09% |
| Upbit | WCT/KRW | 2.13 | 1407.42 thousand | 6.78% |
| MXC | WCT/USDT | 2.19 | 1373.24 thousand | 6.62% |
| Gate.io | WCT/USDT | 2.37 | 1363.62 thousand | 6.57% |
| CoinW | WCT(NEW)/USDT | 2.17 | 1138.87 thousand | - |
The wide distribution of WCT on different exchanges not only increases its liquidity but also exposes it to a larger pool of potential investors. The trading volume on these exchanges reflects the market's interest in WCT Coin.
As of May 2025, WCT was trading at around $1.16, with a market capitalization of nearly $216 million (ranked around 198th in terms of size) and a circulating supply of 186.2 million WCT. In the past month, the price of WCT reached a peak increase of about 276%, rising from the issuance price of about $0.28 in April 2025 to a record high of about $1.16. The daily trading volume has remained extremely high, recently reaching over $600 - 700 million, indicating strong market interest.
Short - term analysts believe that after a rapid rise, WCT will enter a consolidation phase. Some analysts predict a slight correction, followed by further growth. Based on WCT's historical price performance prediction model, the price of WCT is projected to reach $0.5746 in 2026. By the end of 2031, the WCT price is expected to change by +22.00%, reaching $1.91, with a cumulative ROI of +272.53%.
However, investors should also be aware of the risks. The legal risks associated with its "World Cup theme" design and the high volatility of the cryptocurrency market as a whole pose uncertainties to WCT's future performance. In the cryptocurrency market, it's always necessary to do your own research (DYOR) before making any investment decisions.
In conclusion, the surges of WCT Coin are the result of a combination of its technical foundation, market sentiment, and exchange - related factors. While it shows potential for growth, the risks cannot be ignored. As the cryptocurrency market continues to evolve, the performance of WCT Coin will surely remain a topic worthy of continuous attention.
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