WalletConnect Plummets 42%—Dead Cat Bounce or Deeper Crypto Carnage?
Another day, another crypto bloodbath. WalletConnect’s token got bulldozed in the sell-off—now traders are scrambling to guess if this is a buying opportunity or the start of a full-blown liquidation party.
Technical indicators scream oversold, but let’s be real—when has that ever stopped crypto from ripping your face off on the way down? The usual suspects are circling: leveraged longs getting liquidated, OGs taking profits, and that one whale who always seems to nail the top.
Meanwhile, the ’fundamentals are strong’ crowd is sweating through their laser-eyed Twitter avatars. Will infrastructure protocols like WalletConnect recover faster than your average meme coin? Probably. Does that mean you should YOLO your rent money into this dip? Only if you enjoy explaining losses to your significant other in couple’s therapy.
Fun fact: This crash conveniently aligns with Wall Street’s quarterly window-dressing—because nothing makes traditional finance guys harder than watching crypto traders get rekt.
It was one of the hottest tokens in May—but now, it’s one of the hardest hit. The walletconnect price crash shocked the crypto market this week after $WCT lost 42% of its value in just two days. Read More
