Gate News Bot news, on November 17, according to CoinMarketCap, as of the time of writing, WCT (WalletConnect Token) is currently priced at $0.14, with a 24-hour rise of 24.23%, reaching a high of $0.15 and a low of $0.11, with a 24-hour volume of $244 million. The current market capitalization is approximately $28.7 million, an increase of $5.6 million from yesterday.
Important news about WCT recently:
1️⃣ Solana ecosystem airdrop of 5 million WCT
WalletConnect announced an airdrop of 5 million WCT tokens to the Solana ecosystem, aimed at promoting the adoption and integration of WalletConnect on the Solana network. This airdrop activity is expected to increase the circulating supply of WCT while enhancing its influence and usage within the Solana ecosystem.
2️⃣ Market attention has significantly risen
Recently, the significant rise in the price and volume of WCT tokens reflects the increasing market interest in the WalletConnect project. This may be related to its technological advancements in cross-chain interoperability and decentralized wallet connections, attracting more investors and users' attention.
3️⃣ Ecosystem expansion continues to advance
WalletConnect is actively expanding its ecosystem by collaborating with different blockchain platforms to broaden its application scope. This strategic expansion not only enhances the utility of the WCT token but also increases its competitiveness in the decentralized applications (DApps) market.
From a technical perspective, the price of WCT has broken through the previous resistance level and may continue to maintain an upward trend in the short term. However, investors should still be wary of the risks brought by market fluctuations, especially the potential pullback that may occur after such a significant rise.
This message is not intended as investment advice; investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Wall Street Giants Dump BTC to Buy XRP! Goldman Sachs's $152 Million Bet Hides a Secret
Goldman Sachs disclosed for the first time in its Q4 2025 13F filing that it holds over $152 million worth of XRP, through ETFs rather than direct holdings. During the same period, the firm reduced some of its BTC and ETH ETF positions, reallocating funds to XRP and Solana ETFs. Despite market volatility, the allocation increased by 15% annually.
MarketWhisper2m ago
Mining coin daily trading volume crashes to 11 million! 205 million coins unlocked, pressure peaks, demand continues to weaken
The Pi coin price has been falling sharply for three consecutive days. As token unlocks continue and demand weakens, it is currently hovering near its all-time low. On Wednesday, it dropped to $0.1330, down 96% from its all-time high, with billions of dollars in value evaporated. PiScan data shows that the network will unlock 205 million tokens worth over $27 million for the rest of this month, with most of them unlocking in the next two days, totaling over 37 million tokens.
MarketWhisper9m ago
Analysis: Bitcoin is stuck in a "structural deadlock," with demand corridors absorbing selling pressure but massive trapped positions suppressing the rebound potential.
Bitcoin price is hovering between the average of $79,200 and the realized price of $55,000, reflecting a defensive market stance. The demand zone is still absorbing selling pressure, but unrealized loss positions above are creating resistance. Buyer confidence is fragile, institutional funds are flowing out, and the spot market's capacity to absorb selling is limited, leading to increased market volatility.
GateNewsBot10m ago
Strategy CEO announces plans to issue more perpetual preferred shares: easing investor concerns over MicroStrategy's stock price volatility
MicroStrategy CEO announces plans to issue more perpetual preferred shares "Stretch" to alleviate investor concerns about stock price volatility. The company holds 714,644 Bitcoins, with unrealized losses approaching $6.2 billion. While this financial instrument attracts different investors, the risk lies in the ongoing volatility of Bitcoin prices potentially affecting fundraising capabilities.
動區BlockTempo21m ago
Bitcoin futures suddenly show a liquidity gap! Bears are preparing to push through the $60,000 level
Bitcoin fell to $65,800 on Wednesday, failing multiple times to hold above $70,000. The Bitcoin futures liquidity heatmap shows a liquidity gap between $66,000 and $60,500, which may act as a magnetic pull causing the price to pass through quickly. Leveraged long positions worth over $350 million are concentrated around $60,500 awaiting liquidation. The RSI below 50 indicates limited buying pressure.
MarketWhisper1h ago
U.S. employment data unexpectedly strong, Bitcoin still drops to 67K
U.S. employment data unexpectedly increased, prompting traders to reduce rate cut bets, and U.S. stocks edged lower. The crypto market confidence remains weak, with total market capitalization down 2.08%. Bitcoin briefly dropped to 65K but rebounded above 67K, while Ethereum fell below $2000. The Fear and Greed Index is in extreme fear.
ChainNewsAbmedia1h ago
