Cold Wallet's $6.3M Presale Driven by ADA and AVAX Bull Runs

Cold Wallet’s presale has raised $6.3 million with 740 million tokens sold, capturing growing attention amid bullish movements in Cardano (ADA) and Avalanche (AVAX). While ADA has surged over 33% in the past week and AVAX shows technical signs of a potential move toward $70, Cold Wallet is differentiating itself by emphasizing practical utility over speculative price action [1].

Cardano’s price outlook has improved as over 200 million ADA coins have been moved into whale wallets, open interest has increased, and on-balance volume suggests accumulation. A fractal chart pattern similar to its 2021 breakout supports a potential target of $3 if the $1.34 resistance level converts into support [1]. Additionally, anticipation for ETFs and institutional adoption contributes to the growing optimism around ADA’s future.

Avalanche’s market outlook also appears strong, with a recent bullish engulfing candle indicating a reversal from a key support level near $26. Technical indicators such as RSI and MACD suggest strengthening momentum, and AVAX has reclaimed the $20.50 level, reinforcing its long-term bullish potential. The growing traction of DeFi and institutional interest further strengthens its case as a compelling opportunity for investors [1].

Meanwhile, Cold Wallet’s approach is centered on usability and adoption. As a mobile-first self-custody wallet, it installs like a standard app without requiring lengthy onboarding or KYC procedures. Its design offers a user experience similar to modern fintech applications, while its features go beyond aesthetics. Users can earn cashback in $CWT for paying gas fees or swapping tokens, rewarding actual use rather than speculative trading.

At Stage 17, Cold Wallet’s token price is set at $0.00998, and it has already secured over $6.3 million with 740 million tokens sold. The project is also supported by its acquisition of Plus Wallet, which brings over 2 million active users. Future plans include Layer-2 integrations to reduce transaction costs and enable gasless features, reinforcing its focus on everyday utility [1].

The project’s emphasis on real-world adoption and cashback-driven incentives sets it apart from projects that rely solely on market narratives. While Cardano and Avalanche remain attractive for those seeking exposure to potential price breakouts, Cold Wallet’s value proposition lies in its ability to integrate cryptocurrency into daily financial routines. This approach may provide a more sustainable model in a market often driven by short-term hype [1].

Source: [1] Cold Wallet $6.3M Presale With 740M Tokens Sold Gains More Attention Than Cardano Breakout Setup And Avalanche Rally (https://cryptofrontnews.com/cold-wallet-6-3m-presale-with-740m-tokens-sold-gains-more-attention-than-cardano-breakout-setup-and-avalanche-rally/)