As an important pillar of Web3 infrastructure, the WalletConnect token WCT has attracted widespread attention from investors. This article will analyze the investment prospects of WCT from multiple angles, helping you gain a comprehensive understanding of its potential and risks.

The investment appeal of WCT mainly comes from three aspects:

First of all, WalletConnect serves as a key bridge connecting DApps and user wallets, and its demand continues to grow with the expansion of the Web3 ecosystem. This practical application scenario provides a solid value foundation for WCT.

Secondly, WCT's current market performance still has significant room for growth. As of the latest data, its circulating market value is approximately 404 million RMB, ranking 523rd in the cryptocurrency market. With the further development of the WalletConnect ecosystem or an overall market rebound, WCT's valuation is expected to increase significantly.

Third, the flexible staking mechanism of WCT provides investors with an additional source of returns. This feature is particularly beneficial for long-term holders, allowing them to earn stable returns while waiting for price increases.

However, investing in WCT also faces significant risks. The most prominent is its price volatility, which recently saw a 17.03% drop within 7 days, and has fallen 77.92% from its historical peak. This severe fluctuation reflects the high-risk nature of the cryptocurrency market, while also potentially creating buying opportunities for forward-thinking investors.

Considering the characteristics of WCT, it may be more suitable for two types of investors:
1. Have a deep understanding of the core position of WalletConnect in the Web3 ecosystem and are willing to be long-term supporters by participating in ecological governance through holding tokens.
2. Investors with a strong risk tolerance who can calmly cope with market fluctuations.

In any case, given the high-risk nature of the cryptocurrency market, it is recommended to limit the investment proportion of WCT to within 5% of total assets to ensure the safety of the overall investment portfolio. It is essential to conduct thorough research and risk assessment before making any investment decisions.