Ethereum News Today: Cold Wallet Presale Hits $6.3M With 35x ROI Potential as ADA and ETH Approach New Highs

Traders are showing strong interest in Cold Wallet’s $CWT presale, which has raised over $6.3 million and sold more than 745 million tokens across 17 stages. The current price of $0.00998 in Stage 17 represents a potential 35x return if the token reaches its listed price of $0.3517. The project has already secured a user base of 2 million through the integration of Plus Wallet, a key factor in reducing adoption risks commonly seen in early-stage crypto projects [1]. The presale’s growing traction, combined with Cold Wallet’s cashback utility model, which rewards users for transactions and swaps, is drawing attention from both retail and institutional investors [1].

While Cold Wallet’s presale is attracting significant capital, major cryptocurrencies like Cardano (ADA) and Ethereum (ETH) are also gaining momentum. ADA is approaching a critical resistance level near $0.85, with analysts noting a potential golden cross formation between its 50-day and 200-day moving averages. This technical setup could signal a breakout toward $1.20 and even $1.50, especially if open interest and market sentiment continue to rise [1]. Similarly, Ethereum is receiving strong institutional support, with BitMine planning to expand its equity program to $24.5 billion in ETH purchases. This accumulation is seen as a sign of confidence in Ethereum’s long-term value and could drive the price toward $5,000 [1].

Despite the strong narratives surrounding ADA and ETH, Cold Wallet stands out as a unique opportunity due to its early-stage ROI potential and existing user base. Unlike traditional presale models, Cold Wallet offers immediate utility through its cashback system, which rewards users with CWT tokens for everyday transactions. As supply tightens and Stage 18 approaches, early investors are likely to see increased pressure on the asset’s price [1]. Analysts emphasize that while ADA and ETH depend on broader market conditions for sustained gains, Cold Wallet’s model is already built on a foundation of utility and adoption, making it less volatile in comparison [1].

Cold Wallet’s presale remains open at $0.00998, with Stage 18 expected to close the window for the most favorable entry point. Given the project’s progress and the accelerating interest from whale investors, the next stage may mark a turning point for liquidity and valuation. Investors are advised to monitor the movement closely, as timing is a key factor in maximizing returns [1].

Source: [1] Casback Utility Meets 35x Upside: Traders Flock to Cold Wallet’s $6.3M Presale While ADA & ETH Eye New Highs! (https://coinmarketcap.com/community/articles/68a638512545a531d3898977/)