Basic information about #WalletConnect

Current price: 0.3129 USD (+2.4% in 24h) → slight bullish signal.

Market capitalization: 58.36 million USD → currently in the mid-cap group, with growth potential.

Fully diluted valuation (FDV): 313.43 million USD → reflects the value when all tokens are in circulation.

24h trading volume: 33.5 million USD → quite high liquidity, accounting for a large proportion of the market cap.

Circulating supply: 186.2 million $WCT (~18.6% of total supply)

Total supply: ~1 billion WCT.

🔍 Notable points

Price is on the rise:

+2.4% in 24h along with high liquidity indicates inflow of capital.

If this trend continues, the price may continue to rise in the short term.

Low circulating supply:

Only ~18.6% of total supply is currently circulating → still many tokens are not unlocked.

This could create selling pressure in the future if there is no good supply control strategy.

Strong liquidity:

Trading volume is more than 50% of market cap → the WCT market is active, making it easy to create rapid price fluctuations.

FDV is 5.3 times the Market Cap:

If all tokens are unlocked without corresponding buying pressure, the price may face downward pressure.