$WCT Rug Pull: Token Plummets 55% Amid Utility Concerns

Posted: 2025-05-31 15:18:49 UTC

@Farmercist 👨‍🌾farmercist_eth

#Crypto

#RugPull

#WCT

#WalletConnectToken

Heads Up!

This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.

Full Thread

This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.

Heads Up!

Verification Details

Status

In Progress

VerifiedPartially VerifiedFalse

Last Updated

2025-05-31 15:19:16 UTC

Verified By

Rollup News

TL;DR;

Wallet Connect Token ($WCT) experienced a significant drop of -55% in one day, indicating a rug pull. The token's lack of utility is highlighted as a contributing factor to its downfall.

Key Impact Areas

$WCT experienced a -55% drop in one day

Wallet Connect Token had no real utility

Challenges

Lack of utility for Wallet Connect Token

Sudden and drastic price drop

$WCT Rug Pull: Token Plummets 55% Amid Utility Concerns

Heads Up!

Full Thread

Heads Up!

Verification Details

TL;DR;

Key Impact Areas

Challenges

Claims

Deliberation Map

Similar Rollups