Dogecoin News Today: Cold Wallet Presale Hits $5.9M as DOGE and TON Rally on Whale Activity and Reserve Deal

Cold Wallet, a cashback-focused crypto wallet, has raised over $5.9 million in its ongoing presale, as Dogecoin (DOGE) and Toncoin (TON) both show bullish signs. The project, now in Stage 17 at a price of $0.00998, is projected to deliver a 3,423% return on investment at its $0.3517 launch price. Investors who entered at Stage 1, when the token was priced at $0.007, could see even higher returns, illustrating the strong early market confidence in the project [1].

Meanwhile, Toncoin is showing potential for a rebound, with its price holding near the $3.20 support level. This stability is supported by a $558 million reserve deal with TON Strategy Co., set to close on August 7, 2025. Technical indicators suggest a near-oversold condition, with the RSI at 33 and the MACD histogram narrowing, signaling a possible consolidation ahead [1].

Dogecoin has also drawn attention as whale activity surged, with over $200 million worth of DOGE tokens acquired in a 24-hour period. This accumulation accounts for nearly half of the total supply, increasing speculation about potential price momentum. Analysts remain divided on the outlook for DOGE, with some predicting a move toward $0.50 in the coming months, while others expect only a short-lived 20% rise [1].

Unlike DOGE and TON, which rely on external catalysts and speculative momentum, Cold Wallet offers immediate utility and returns. The wallet rewards users with cashback in its native token for every transaction, including gas fees, swaps, and fiat on-ramps. This model diverges from traditional wallets that consume value through fees, instead transforming every activity into a revenue-generating event [1].

With a fully functional product already in use and no need for staking or locking tokens, Cold Wallet competes directly with major wallets like MetaMask and Trust Wallet. The project’s presale has attracted significant traction, with each stage reducing the potential ROI for new entrants. As the gap between presale and launch prices narrows, the window for capturing high returns is shrinking rapidly [1].

Cold Wallet’s model emphasizes real-world utility, contrasting with projects that remain in speculative phases. While DOGE and TON may see future upside from whale moves or reserve injections, Cold Wallet is already delivering value to users today, offering a more predictable and immediate financial proposition in a fast-moving market [1].

Source: [1] Cold Wallet Hits $5.9M Milestone in Crypto Presale as Dogecoin (DOGE) and Toncoin (TON) Rally in Price

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