Cold Wallet Presale Hits $5.7M as Crypto Cashback Model Gains Momentum

Generated by AI AgentCoin World
Wednesday, Aug 6, 2025 12:07 pm ET1min read
XLM
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Aime RobotAime Summary

- Cold Wallet’s $5.7M presale valuation highlights its cashback-driven model’s traction, rewarding users for blockchain activities like gas fees and cross-chain transfers.

- Stellar (XLM) faces a 6-10% decline below $0.45 support, with a bullish pennant pattern suggesting potential rebound if it holds above $0.40–$0.36.

- Chainlink (LINK) shows accumulation strength near $19.50 resistance, supported by positive on-chain metrics and a potential $21.70 target if it breaks out.

- Cold Wallet’s 2M+ user base from Plus Wallet and fee-free incentives position it as a competitive Web3 engagement tool, drawing investor attention amid Q3 2025 market dynamics.

Cold Wallet has surpassed a $5.7 million presale valuation, signaling growing traction for its cashback-driven model in the cryptocurrency space. The platform, currently in stage 16 of its token offering at a price of $0.00942, is designed to reward users for everyday blockchain activities such as gas fees, token swaps, and cross-chain transfers. This approach is attracting attention from investors seeking value-added utility in their crypto transactions, particularly as Cold Wallet transitions from a storage solution to an active engagement tool [1].

In contrast,

Stellar
(XLM) is experiencing a pullback following a strong rally in July. The asset has lost between 6 to 10 percent in the past week, with price now below key support levels of $0.42 to $0.45. The formation of a bullish pennant pattern suggests potential for a rebound if it holds above the $0.40 to $0.36 zone. However, a breakdown would likely trigger further downside. The recent correction has positioned XLM as a watch-list item for traders who believe in a retest of previous resistance levels [1].

Chainlink (LINK) continues to build strength despite lingering near resistance at $19.50. The asset has shown higher lows and highs in recent trading, indicating a constructive accumulation phase. On-chain metrics, including a positive Chaikin Money Flow of +0.14 and declining exchange balances, support the idea of ongoing investor accumulation rather than selling pressure. A breakout above $19.50 could lead to a target near $21.70, while the ability to maintain support at $18 remains crucial for maintaining momentum [1].

Cold Wallet’s model stands out in a crowded market by addressing user pain points around cost and value generation. Unlike traditional crypto tools that often come with hidden fees, Cold Wallet incentivizes activity by offering cashbacks on a wide range of actions, including referrals. This strategy is not only attracting a growing user base but also drawing attention from investors who see it as a sustainable model for Web3 participation. With over 2 million users migrating from Plus Wallet, Cold Wallet is entering the market with a significant user base, giving it a competitive edge [1].

The broader crypto market remains dynamic, with Cold Wallet, Chainlink, and BlockDAG emerging as key performers in Q3 2025. While Chainlink continues to consolidate near key levels and Cold Wallet gains momentum, Stellar’s recent underperformance highlights the importance of structural support in sustaining long-term gains. Investors are closely monitoring whether these trends will continue amid evolving market conditions and macroeconomic pressures.

Source: [1] https://coinmarketcap.com/community/articles/689373a36fb54a1116e9368b/