Cold Wallet Presale Sparks 1000x Hype as BONK Falls 9 and PENGU Slows 8

Traders are closely monitoring the presale of Cold Wallet’s native token $CWT as it is projected to offer up to 1,000x returns, while the market sees a sharp decline in BONK and a slowdown in Pudgy Penguins (PENGU) [1]. Cold Wallet is positioned as a rewards-based cryptocurrency wallet that pays users back on gas fees, swaps, and transfers. The presale is currently offering the Diamond Tier at $0.00942 per $CWT, a price that could climb significantly once the token launches at $0.35171 [1].

The Diamond Tier gives users 100% cashback on various wallet-related activities, and early adopters are securing these benefits at a fraction of the future cost [1]. The presale is structured across 150 stages, with each step increasing the token price. Analysts and traders are speculating that if the token reaches $2, the Diamond Tier could be up to 50 times more expensive than it is now [1]. Additionally, presale participants benefit from a staggered release of tokens, with 10% unlocking at TGE and the remaining 90% over three months. A referral system further incentivizes early buyers, offering 10% rewards for the inviter and 5% for the invitee [1].

Meanwhile, PENGU’s momentum has slowed, with its price dropping 8% in the last 24 hours to trade near $0.0377 as of July 29, 2025 [1]. Despite the decline, the token is still up more than 180% in the past month. Traders are watching key support levels, with $0.032 seen as critical. Analysts predict a potential dip to $0.029 in early August as resistance builds, but some view this as an opportunity for reentry [1].

BONK, on the other hand, has experienced a sharp correction. The token fell nearly 9% after Galaxy Digital transferred $18.75 million worth of BONK to major exchanges on July 25, 2025. The price dropped to $0.00003430 from $0.00003763. Weekly trading volume hit 2.8 trillion tokens, highlighting the market’s volatility [1]. Some forecasts suggest BONK could fall further to between $0.000024 and $0.000026 in early August, leaving traders uncertain whether to chase small rebounds or wait for a larger correction [1].

Cold Wallet’s presale is gaining traction in a market characterized by rapid shifts in momentum. With PENGU cooling off and BONK under pressure, Cold Wallet offers a unique value proposition: a rewards-based wallet with early access benefits that could scale in price as demand increases [1]. The token’s projected price growth and the immediate utility of the wallet make it an attractive option for traders looking to position early [1].

Presale participants are encouraged to lock in their positions while the price is still low. With $5.7 million already raised in the presale, the project is demonstrating strong early interest [1]. As the market continues to test new trends, Cold Wallet’s model of rewarding early users could become a new standard for utility-focused crypto projects [1].

Source: [1] Traders Are Closely Watching Cold Wallet’s Presale as It Points to 1000x, While BONK Drops and PENGU Slows (https://cryptonewsland.com/traders-are-closely-watching-cold-wallets-presale-as-it-points-to-1000x-while-bonk-drops-and-pengu-slows/)