Cold Wallet Presale Surpasses $5.7M Amid Pi Struggles and Litecoin Consolidation

Cold Wallet's presale has raised over $5.7 million in stage 16, with 683 million $CWT tokens sold so far, as the token price stands at $0.00942 [1]. This rapid growth positions Cold Wallet as a standout performer in a market where several other cryptocurrencies face stagnation or decline. Meanwhile, Pi Network price is under pressure, currently testing support near $0.40, following a $28 million token unlock in July and another wave in August, increasing downward pressure on the asset [2]. Analysts warn that if Pi fails to stabilize above this level, it could face further declines, potentially reaching new lows before the end of the month [3].

Litecoin (LTC), on the other hand, remains in a holding pattern around $108, hovering just above the $100 to $110 range [4]. While some analysts, such as Ali, suggest that maintaining this level could set the stage for a move toward $115 and even $120 [5], the market appears hesitant to break out of its recent consolidation phase. Litecoin's historical significance as a legacy coin continues to attract attention, though its performance has not yet matched bullish predictions [6].

Cold Wallet’s momentum, in contrast, appears to be accelerating. The project is not only generating strong sales figures but is also developing an ecosystem centered around the $CWT token [7]. Investors who entered early are positioned to benefit from increasing token prices as each presale stage progresses, with the next price stage already on the horizon [8]. With 135 stages remaining, the potential for long-term gains appears to be growing alongside the rising demand for $CWT [9].

The broader cryptocurrency market is showing a mixed picture, with Pi struggling against increased supply and Litecoin remaining in a consolidation phase. In this environment, Cold Wallet’s ability to attract capital and generate rapid sales is notable. As the presale continues, the project appears to be creating its own momentum, independent of the broader market trends [10]. For traders and investors seeking exposure to a crypto asset showing active growth, Cold Wallet is emerging as an increasingly compelling option [11].

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[1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11]

[1] Pi Falls, LTC Stalls, Cold Wallet Presale Tops $5.7M (https://coinmarketcap.com/community/articles/689352d1eb2f700e7db85b4b/)