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Cold Wallet's presale has raised $6.13 million after selling 730 million tokens, positioning it as a standout in the current crypto rally. The project, now at Stage 17 with a price of $0.00998 per token, has already secured a strong foundation with over 2 million active users, thanks to the acquisition of Plus Wallet. This built-in user base and the project's cashback model, which incentivizes transactions, are seen as key factors in sustaining momentum. The listing price is fixed at $0.3517, offering a potential return of 3,423% for early-stage participants [1].
Ethena (ENA) has surged by 150% in the past month, with a 40% increase in the last week alone. The protocol now boasts a Total Value Locked (TVL) of $10 billion, driven in part by its stablecoin USDe, which has entered the top three globally by market size. Technical indicators, including a golden cross signal, suggest continued upward potential, while daily buybacks of $5 million and increased whale activity reinforce growing confidence in the platform [2].
Meanwhile, Pudgy Penguins (PENGU) is gaining traction with a price of $0.0376 and a 17.5% rise in trading volume. Analysts are watching for a potential 100% breakout, which could push the price toward $0.075 by mid-September. Institutional support has also emerged, with Nasdaq-listed
recently adding Pudgy Penguins NFTs to its treasury—a move seen as a confidence boost for the asset [3].Compared to ENA and PENGU, Cold Wallet differentiates itself by removing the adoption uncertainty often present in early-stage crypto projects. With more than $6.13 million raised and over 730 million tokens sold, the project enters the market with strong initial demand and a robust user base. The structure of the presale, including the fixed listing price and cashback model, is designed to drive continued engagement post-launch.
Ethena must maintain its technical and adoption momentum to sustain long-term gains, while PENGU’s success will depend on its ability to complete the breakout pattern. Cold Wallet, however, provides a more immediate and structured value proposition, combining real demand, limited supply, and a clear utility-driven model. This setup positions it as a leading bullish opportunity in the current crypto cycle [1].
Source:
[1] [https://coinmarketcap.com/community/articles/68a0e43e68972105f3d55abd/](https://coinmarketcap.com/community/articles/68a0e43e68972105f3d55abd/)

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