Cold Wallet Presale Surpasses $6.2M as Arbitrum Gains 28% and Cardano Flashes Golden Cross

Cold Wallet’s presale has surged past $6.2 million, capturing significant attention in the cryptocurrency fundraising space. The project’s token, CWT, is currently being sold at $0.00998 in Stage 17, with a projected launch price of $0.3517, indicating substantial upside potential for early participants. The token’s utility-driven model, which rewards users for on-chain activity such as gas fees, swaps, and on/off-ramp transactions, is positioning it as more than a speculative play. This combination of low entry cost and real-world usage is attracting a growing number of investors seeking long-term value [1].

The momentum around Cold Wallet’s presale is occurring amid a broader market upswing. Arbitrum (ARB) has gained 28% in the past week, trading near a critical resistance level of $0.50. Technical analysis suggests that the asset is forming a double bottom pattern around $0.4578, which historically signals a bullish reversal. With trading volume reaching $592 million, the growing interest in Arbitrum highlights its potential for further appreciation, particularly if it breaks above the $0.50 threshold [1].

Meanwhile, Cardano (ADA) has shown strong technical signals, with the formation of a golden cross—a bullish indicator that historically has preceded price surges. ADA is currently trading near $0.87, with strong support at $0.81 and a price target approaching $1. The last golden cross in November 2024 led to a nearly 300% rally, lifting ADA from $0.32 to $1.32. Recent trading volume has surged over 100%, exceeding $2.5 billion, reinforcing the likelihood of a continued upward trend [1].

Cold Wallet’s rapid presale progress is noteworthy given the competitive landscape. The project is structured into 150 stages, with each stage increasing the price of CWT. At the current pace of sales, earlier stages are expected to sell out sooner than projected, tightening supply and increasing urgency for early entry. The price differential between current and launch prices—$0.00998 versus $0.3517—highlights the potential for early investors to benefit significantly from the discount.

The broader market’s positive signals, including Arbitrum’s breakout pattern and Cardano’s golden cross, are reinforcing investor confidence. These developments are occurring alongside Cold Wallet’s growing traction, suggesting a confluence of favorable conditions for crypto investors. As the market continues to consolidate bullish momentum, the combination of technical strength and utility-driven projects is likely to drive further interest and capital inflows.

Source: [1] TheCoinrise.com (https://thecoinrise.com/cold-wallet-presale-surges-past-6-2m-as-arbitrum-gains-28-cardano-flashes-golden-cross/)