Cold Wallet Offers 100% Gas Fee Cashback Amid Meme Coin Volatility

Cold Wallet ($CWT) has introduced a novel approach to cryptocurrency participation by offering up to 100% gas fee cashback to users, positioning itself as a utility-driven token in a market often dominated by speculative meme coins. The project is currently in Stage 16 of its 150-stage presale, with the token price currently set at $0.00942. The presale model allocates 4 billion out of the 10 billion total supply, with only 10% unlocked at launch and the remainder vesting over three months. Users who refer others receive a 10% bonus, while those who are referred earn an additional 5%, adding to the token’s early-adopter appeal [1].

The presale is structured to reward early buyers as the price increases incrementally at each stage, creating an opportunity for those entering the market now to benefit from potential future appreciation. The token’s cashback system, which allows users to earn back a percentage of their gas fees in $CWT, is designed to scale with real-world usage, distinguishing it from short-term incentives. As the volume grows, so does the value proposition, creating a flywheel effect where increased adoption could drive further price appreciation [1].

Meanwhile, the broader meme coin market remains active but volatile. PEPE, a top meme coin, is currently trading near $0.0000131, having dipped 5.3% on July 23 amid market turbulence. However, open interest has surged past $1 billion, and whale activity suggests continued accumulation. Technical analysis shows the token testing resistance at $0.0000147, with potential for a move toward $0.00005 if the breakout occurs [1]. Analysts note that while short-term forecasts warn of a possible pullback to $0.000011 before the end of the month, longer-term projections for 2025 remain optimistic, with price ranges expected between $0.000011 and $0.000027 [1].

Pump.fun (PUMP), another prominent player in the meme coin space, is currently trading between $0.00245 and $0.0028, down significantly from its July peak of $0.00681. The decline has been attributed to a delayed airdrop and a lawsuit alleging unlicensed gambling operations, which led to a 15% single-day drop. Despite these headwinds, PUMP remains a heavily traded asset on platforms like OKX and Gemini, and its integration into blockchains such as Arbitrum and Avalanche offers continued exposure. Technical indicators show support at $0.00292, and analysts suggest the price could rebound toward $0.0038 if it holds above this level [1].

Cold Wallet’s model appears to address some of the concerns around meme coin utility by offering immediate and tangible value to users. Unlike PEPE and PUMP, which are primarily driven by community sentiment and trading volume, Cold Wallet introduces a utility layer by monetizing everyday crypto activities. The token’s presale structure and tiered cashback model create both an incentive for early adoption and a mechanism for long-term value accrual, making it a compelling alternative for investors seeking more than just speculative gains [1].

As the market continues to evolve, the distinction between speculative tokens and utility-driven projects becomes increasingly important. Cold Wallet’s approach of integrating real-world value into crypto transactions offers a new angle for investors who are looking for ways to generate income while participating in the ecosystem. With the presale still in its early stages and no lockups or staking requirements, the project appears to be well-positioned to attract a broad user base before broader market conditions shift.

Source: [1] Cold Wallet Offers 100% Gas Cashback as PEPE Targets $0.00005 & Pump.fun Price Eyes Recovery (https://coinmarketcap.com/community/articles/688cb62c5882b1168c9045d1/)