Recently, the trading enthusiasm for WCT has indeed increased, with spot trading volume reaching the $20 million level, and the contract side's volume even hitting hundreds of millions. However, upon closer inspection of this project's history, it raises some concerns.

It has previously engaged in 450x price cuts, a level of arbitrage that itself indicates certain issues. The project team does have some technical capabilities; the code is well-written. But the problem lies in their vision and mindset—things seem to have gone off track. Judging by the operational logic of the founding team, they are truly skilled at cutting users, repeatedly pinpointing the most densely populated areas of retail investors with precision.

The current trading enthusiasm may only be a short-term capital game, but in the long run, the fate of such projects often involves endless dumping, continuing until the project hits zero. No matter how good the technology is, it cannot change the project's fundamental nature—if the core team’s goal is arbitrage rather than building an ecosystem, then no matter how much trading activity there is, it’s just false prosperity.