WCT Experiences Short-Term Accelerated Decline Below $1, Dropping Over 26% in 1 Hour

Blockbeats

05-31

BlockBeats News, May 31st, according to HTX market data, WCT experienced a brief accelerated decline, dropping from $1.37 to below $1 within 1 hour, currently trading at $1.01, a 26% drop in 1 hour.

BlockBeats previously reported that on May 28th, according to ai_9684xtpa monitoring, the address "0x19F...cCA67" received 2.5 million WCT from the WalletConnect project's multisig address and transferred it to Binance, worth $2.34 million. This address had also received 2.5 million tokens at the token generation event (TGE) one month ago, with past fund traceability related to Arrington Capital. It cannot be confirmed whether the tokens will be used for providing liquidity or for selling. Additionally, according to HTX market data, WCT broke through $0.97 today, currently trading at $0.93, a 29.3% increase in 24 hours.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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