@sojitswing
WalletConnect Token (WCT) surged 21.67% in the last 24h, outpacing the broader crypto market’s 0.64% dip. Key drivers include:
Staking incentives: Binance’s 25% APR offer for WCT staking boosted demand.
Post-unlock momentum: A major token unlock on Nov 15 ($13.76M) initially pressured prices, but dip-buying emerged.
Technical breakout: WCT broke above key resistance levels, fueling bullish sentiment.