WalletConnect (WCT) Listed Following Airdrop Process
WalletConnect (WCT), the new Launchpool project of the world’s largest cryptocurrency exchange Binance, was recently listed following the airdrop process. The WCT price opened at around $0.4 and has a market cap of $69 million at the time of writing. However, the price has dropped since the opening and is currently trading around $0.35.
In our previous news, we evaluated the estimated opening price of WCT and pointed to around $0.4. On the other hand, users who staked 1,000 USDC earned an average of $0.67 worth of WCT in the WCT Launchpool event.
WCT stands out for its operation on the Ethereum layer 2 network Optimism.
Related News
Binance’s Latest Launchpool Project WCT Launches in One Hour – How Much Reward Will $1,000 Stakers Get? Here is the Estimated Opening Price.
The previous Launchpool project, GUNZ (GUN), had an average return of $2.2 per 1,000 FDUSD. On the other hand, the GUN price has suffered a significant loss after the launch, falling by nearly 50%. At the time of writing, the total market value of GUN is $33.33 million.
*This is not investment advice.
