Cold Wallet Attracts $6.2M Presale Funds Outperforming PENGU and Pi Network

The cryptocurrency market is witnessing a significant shift in investor behavior as traders increasingly favor Cold Wallet ($CWT) over PENGU and Pi Network. This move comes after Cold Wallet raised $6.2 million by selling 735 million tokens in its presale, with Stage 17 priced at $0.00998 and a projected 4,900% return on investment at launch [1]. In contrast, PENGU faces a volatile recovery path, while Pi Network struggles with stagnation and unmet expectations.

Traders are gravitating toward Cold Wallet due to its emphasis on real-world functionality, security, and mobile accessibility. The platform offers self-custody solutions, integrated fiat options, and multi-chain support for leading blockchains such as Bitcoin, Ethereum, and Solana. This all-in-one approach enables users to manage, trade, and monitor their portfolios efficiently from mobile devices, setting it apart from PENGU and Pi Network, which remain heavily dependent on speculative hype and unproven utility [1].

PENGU’s recent price corrections have sparked uncertainty among investors. While some technical indicators point to a possible rebound if buying pressure increases, its value remains highly volatile and tied to meme-driven sentiment. Analysts caution that without meaningful ecosystem growth or added utility, PENGU may struggle to maintain long-term relevance [1]. Similarly, Pi Network, once celebrated for its mobile-first mining model, has failed to deliver on its promised utility. Stagnant price movements, regulatory challenges, and limited exchange access have led to frustration among early adopters who once envisioned it reaching a $10 price target [1].

Cold Wallet’s strategic focus on usability and secure cross-chain swaps offers a more stable alternative. With its in-app trading capabilities and unified interface, it enables users to execute transactions quickly and securely without relying on third-party platforms. This feature is particularly appealing in a market where speed and security are paramount [1].

The market’s reaction highlights a growing preference for projects that prioritize tangible utility and consistent development over speculative narratives. Cold Wallet’s presale success underscores this trend, as investors seek platforms that offer both practical tools and growth potential. While PENGU and Pi Network remain in the spotlight, their future trajectories remain uncertain unless they can demonstrate substantial progress in development and ecosystem adoption [1].

Sources: [1] Traders Are Choosing Cold Wallet Over PENGU & Pi Network After $CWT Raises $6.2M & Sells 735M Tokens! (https://coinmarketcap.com/community/articles/68a1ee4458fc0d64763c8d8d/)