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Home»Altcoins»The addition of support for wallet-focused altcoins by Crypto Exchange Upbit triggers a massive rally.

The addition of support for wallet-focused altcoins by Crypto Exchange Upbit triggers a massive rally.

Altcoins By Gavin17/04/2025
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Upbit is the South Korean Crypto Exchange that has just announced a listing of a wallet focused altcoin. The price surge was triggered by this announcement.

A new announcement states that Upbit will be launching a mobile app. supporting The Wallet Connect app (http://www.walletconnect.com/) is a mobile wallet that allows you to connect your phone with the Wallet Connect.WCTOptimism for Trading Over the OptimismOPStarting Wednesday, ), network will be available on the platform.

This project is a good example. launched The open-source Web3 communication protocol in 2018 aims to link crypto wallets and decentralized apps (DApps), using encrypted connections through QR code scanning.

“Traditionally, connecting wallets to apps on the blockchain required complex steps, which often discouraged new users and created a fragmented ecosystem. WalletConnect simplifies this by offering a universal connection method compatible across hundreds of wallets and thousands of apps.”

WCT, the native token, is the currency of the WalletConnect platform. This is what is used for staking and rewards as well as fees, governance, and fees.

WCT Tokens are limited to 1 Billion. 7% of the tokens will be used for development.

WCT, which had a Tuesday low of only $0.28, surged to $0.62 Wednesday. This is a gain of more than 121%.

WCT, which has now retraced its losses and trades at $0.42 as of the time this article was written, is up 34.6% in one day.

WCT, with a total market capitalization of $79.13 millions is the 482nd biggest crypto project.

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Source: dailyhodl.com

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