Cold Wallet Presale Hits $5.8M Amid Bonk's 14% Drop and ICP's $13 Price Target

Cold Wallet’s presale has drawn significant institutional interest, raising over $5.8 million as stage 17 continues with large buyers depositing more than $50,000 in single transactions [1]. This activity suggests a calculated approach by major market participants aiming to secure early positions in the project [1]. The token is currently priced at $0.00998, with only 40% of the 10 billion total supply available during the presale [1]. The project differentiates itself by offering cashback on gas fees, swaps, and crypto ramps, along with a referral program that pays out in USDT [1]. As transaction volume increases, there is growing speculation that the presale could reach its hard cap faster than anticipated [1].

Meanwhile, the Bonk price has dropped more than 14% in the past week and nearly 5% in the last 24 hours, sparking concerns among traders [1]. The token’s recent losses have pushed many holders to reevaluate their positions in the Solana memecoin market [1]. Although trading volume remains high at $600 million, the majority of activity is driven by sellers rather than new buyers [1]. Analysts suggest that without a return in demand, the price could dip further to $0.000022 [1]. In response, Bonk’s developers have initiated a 1% buyback program to stabilize the market [1]. However, the token faces growing pressure from rising competition, including other meme projects like Pump Token [1].

ICP, the native token of the Internet Computer, is projected to experience a slow and gradual price increase in the short term, with most forecasts placing its price between $5.10 and $5.30 by late 2025 [1]. Analysts note that the token could see a small upward movement if adoption improves and token unlock selling slows after June [1]. More optimistic models suggest ICP could reach $6 or $7 in 2026 and potentially climb above $13 if the platform gains traction in Web3, DeFi, and AI applications [1]. Long-term projections are more varied, with cautious analysts expecting the price to settle around $8 to $10 by 2030, while bullish forecasts have speculated values as high as $100 or $175 [1]. However, these higher figures remain conditional on the Internet Computer’s ability to attract real-world usage and scale effectively [1].

Amid the broader market uncertainty, Cold Wallet is emerging as a standout project with clear utility and a reward-driven model [1]. Traders and large investors are increasingly viewing it as a potential long-term play, particularly as other cryptocurrencies struggle with stagnation or declining values [1]. The project’s ability to incentivize activity through cashback and referral rewards positions it as a unique offering in the current landscape [1]. With large-scale buying already underway and demand rising rapidly, the presale’s trajectory is being closely watched as a possible indicator of the token’s future potential [1].

Source: [1] Cold Wallet Attracts Whales as Presale Hits $5.8M While Bonk Price Wavers and ICP Sets Sights on $13 (https://timestabloid.com/cold-wallet-attracts-whales-as-presale-hits-5-8m-while-bonk-price/)