What are your thoughts on WalletConnect token launch?

[s0nujamil]

I have quite noticed that every protocol or even swap platforms has started their own token. I think it has become a pattern for older platforms that have been there..

Now most used protocol, wallet connect has come with their native token called WCT.. They've also distributed airdrop to those who have used it for years. The majority of users got about 200-400 WCT, based on LaunchX's price they're having now, it's around 80$.

I think this token can easily reach 250M FDV with demand. But I fear with the current market sentiment, it might not even go up to that volume.. But to think from a long term perspective, this may top up the market.. What do you guys think, should I hold it?

[hugeblack]

This is the second newbie asking about this token, I don't know if it's part of a promotional plan but if you get WCT then it's okay to keep it otherwise buying the token might not be a wise investment.

[libert19]

...What do you guys think, should I hold it?

Years ago, I received 40 something aave tokens, I sold them for peanuts while currently each aave tokens fetches 260$, I have learned my lesson there to not sell if it's not selling for good amount. If this $60 goes to drain, it's ok.

[SavvyTon]

I think this token can easily reach 250M FDV with demand. But I fear with the current market sentiment, it might not even go up to that volume.. But to think from a long term perspective, this may top up the market.. What do you guys think, should I hold it?

Holding it is the best decision in my opinion. As long as it’s an airdrop and you didn’t buy with your money, it’s better to hold.

Back then when I actively participated in airdrops, I regretted it most times when i sold immediately they launch because the price of most of them surged after few months. By the way this launchX price on Bitget is attractive, i might get my hands on a bunch of tokens before it list.

[s0nujamil]

This is the second newbie asking about this token, I don't know if it's part of a promotional plan but if you get WCT then it's okay to keep it otherwise buying the token might not be a wise investment.

So, it's better to sell it? I mean the token is part of wallet connect which we use daily for QR scanning and connecting.. And I think it's huge. Hopefully it goes higher on listing..

...What do you guys think, should I hold it?

Years ago, I received 40 something aave tokens, I sold them for peanuts while currently each aave tokens fetches 260$, I have learned my lesson there to not sell if it's not selling for good amount. If this $60 goes to drain, it's ok.

Yeah I might regret selling it soon. cos I can relate to Trust wallet token. I sold too early that I lost 3$+ but it was an emergency, so I stopped thinking about it and thinking forward to these tokens like WCT..

You got any WCT ?

[libert19]

...What do you guys think, should I hold it?

Years ago, I received 40 something aave tokens, I sold them for peanuts while currently each aave tokens fetches 260$, I have learned my lesson there to not sell if it's not selling for good amount. If this $60 goes to drain, it's ok.

Yeah I might regret selling it soon. cos I can relate to Trust wallet token. I sold too early that I lost 3$+ but it was an emergency, so I stopped thinking about it and thinking forward to these tokens like WCT..

You got any WCT ?

Yes, I got 140 WCT.

[albon]

This is the second newbie asking about this token, I don't know if it's part of a promotional plan but if you get WCT then it's okay to keep it otherwise buying the token might not be a wise investment.

Absolutely right
Investing in tokens from telegram bots is extra risky because these tokens end pumping for a very little of time and then suddenly have a big down. There are a lot of tokens coming from this telegram bot which have converted from down to zero. Moreover the demand for such projects is very low so if you really want to invest you should buy bitcoin, ethereum from which we always get good profit. At the moment we are in a good down market so it would be wise to invest in top altcoins.