Cold Wallet Gains 218% in Value Amid $270M Acquisition and 2M New Users

Generated by AI AgentCoin World
Sunday, Aug 3, 2025 5:16 pm ET1min read
Aime RobotAime Summary

- Cold Wallet acquires Plus Wallet, adding 2M users and incentivizing crypto actions with CWT tokens.

- SUI breaks downward trend above $4.20, while Chainlink (LINK) tests $17.14 support after dip to $17.20.

- Cold Wallet’s utility-driven model, with CWT presale at $0.00942, contrasts with SUI/LINK’s market volatility.

Cold Wallet is emerging as a standout contender among top altcoins to buy, driven by a recent $270 million acquisition of Plus Wallet and a robust user growth model. The integration has already added 2 million active users and introduced a reward system that incentivizes everyday crypto actions, such as swapping, bridging, and on-ramping. Every interaction is rewarded with CWT, the native token of Cold Wallet, which is currently in presale stage 16 at $0.00942 and has raised $5.5 million so far [1]. The platform’s unique model, combining real-time utility, viral growth, and cashback incentives, has positioned it as a leading Web3 user-centric solution [1].

While Cold Wallet builds momentum from within, SUI and Chainlink (LINK) remain under the spotlight for their price action. SUI has broken out of a downward trend, holding above its 9-period moving average and showing potential to push further above $4.20–$4.30. Traders are closely watching the $3.60 support level, which has held firm despite minor dips, and rising open interest suggests optimism about continued upward movement [1]. However, a drop toward $3.20 is still a small risk if demand slows, with the next few days expected to clarify the token’s trajectory [1].

Chainlink’s dip to $17.20 has sparked mixed reactions. Analysts like CryptoEd view the pullback as a strategic entry point, particularly with the token testing strong support at $17.14. While the price remains below its 50-day and 100-day averages, signs of a recovery have emerged, with LINK rebounding near $17.80 and building pressure at $17.88. If it sustains above $17.14, the token could target $20 or $30. A break below the level, however, would shift attention to $16.50 as the next key support [1].

Compared to SUI and LINK, Cold Wallet is building value through tangible utility rather than relying solely on price charts or market sentiment. By rewarding user activity and offering a seamless experience, the platform is creating a self-sustaining ecosystem that grows with each interaction. The CWT presale, currently at $0.00942, is not only a funding mechanism but a reflection of Cold Wallet’s operational model, where user participation directly drives growth [1].

As investors weigh their options among top altcoins, Cold Wallet’s approach—focusing on real-world use, user incentives, and scalable infrastructure—offers a compelling case for long-term value. Meanwhile, SUI and LINK remain subject to market volatility and technical indicators, making them more sensitive to external triggers than Cold Wallet’s internally driven growth [1].

Source: [1]CWT vs SUI and LINK: Top Altcoins to Buy Now (https://coinmarketcap.com/community/articles/688fcef3d921332cbcd2a21f/)

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