Cold Wallet Presale Hits $5.8M as Chainlink and Hedera Stagnate Below Resistance

The cryptocurrency market is displaying a mix of caution and optimism as projects like Chainlink (LINK) and Hedera (HBAR) face price stagnation, while Cold Wallet, a utility-driven project under $0.01, gains traction. With a presale raising $5.8 million across 150 stages, Cold Wallet is capturing attention as investors seek alternatives to more established but slow-moving assets [1].

Chainlink, a key player in decentralized oracle services, is currently testing resistance near the $17.64 level. Despite ongoing developments and collaborations, LINK has shown little sign of breaking out of its range-bound pattern in recent weeks. Analysts suggest that a sustained push above $17.50 with strong volume could signal the start of a new upward trend, but until then, volatility remains limited [1]. This has led many traders to explore other opportunities with more immediate upside potential, such as Cold Wallet.

Hedera, meanwhile, is maintaining its support levels around $0.085 but has also failed to show meaningful price movement. The flat trajectory has sparked varied interpretations among traders—some view it as a pause before a breakout, while others see it as a sign of waning short-term interest. Hedera’s enterprise growth efforts continue, but these have yet to translate into a strong price response, further widening the gap between fundamentals and market performance [1].

Cold Wallet, in contrast, is positioned as a unique proposition in the current market environment. Its cashback-based token model rewards real-world usage, including gas fees, coin swaps, and cross-chain transactions, effectively reversing the cost structure of traditional crypto platforms. This approach not only encourages user activity but also creates a self-sustaining incentive loop. The project’s presale is currently in Stage 17, with a price of $0.00998 and a projected 4,900% return on investment, drawing early interest from investors [1].

The $5.8 million raised to date reflects growing confidence in the project’s model. Unlike many speculative assets, Cold Wallet’s value is tied to active usage and real-world utility, making it a compelling option for those seeking exposure to a growing ecosystem without the typical risks of unproven projects. As the presale continues, the price of CWT is expected to rise incrementally, offering a structured entry path for potential investors [1].

Given the consolidation of both LINK and HBAR, Cold Wallet is increasingly being viewed as a high-potential alternative, particularly among traders looking for early-stage growth opportunities. While the long-term fundamentals of Chainlink and Hedera remain intact, their near-term performance suggests a need for diversification into projects with more immediate ROI potential [1].

Source: [1] TheCoinrise.com https://thecoinrise.com/cold-wallet-under-0-01-gains-momentum-as-presale-hits-5-8m-while-link-price-analysis-faces-resistance-hbar-stays-flat/