Check the usecase and what it can bring to the community. This $wct token looks like a good project because of its usecase. I am a walletconnect user also.
This is not financial advice, and even if the project is that good, we never know if it will generate support in the market, so only invest what you can afford to lose.
I am also a walletconnect user. But I am afraid since I participated on the pre sale. They made a almost $50M fund raised but they made the presale only with $0.20. If it's price will be more lower then we will make some losses and it will be unexpected. Team have to make listing in tier1 exchanges otherwise we have to bear loss.