Cold Wallet Raises $6.4M in Presale as ADA Eyes $1.50 and XLM Hits 10M Accounts

Cold Wallet, a growing cryptocurrency project, has raised over $6.4 million through its presale, with 750 million of its CWT tokens sold at a price of $0.00998 as of stage 17 [1]. A notable feature of Cold Wallet is its user-first approach, where participants can start earning rewards before purchasing the token. This is achieved through referral incentives and presale bonuses, offering tangible payouts that can be withdrawn once a balance reaches $5 [1]. The model emphasizes utility over speculation, fostering immediate engagement and a more inclusive entry point for both new and experienced users.

Meanwhile, Cardano (ADA) has shown technical indicators suggesting a potential price increase. Analysts have identified a resistance level near $0.94, with a breakout potentially signaling a path toward $1.50. The formation of an inverse head and shoulders pattern adds to this optimism, while the Relative Strength Index indicates that upward movement is still possible [1]. Institutional interest is also rising, with reports of a major asset manager developing trusts for ADA. Although an ETF is still in early discussion, this development has bolstered confidence and increased buying pressure [1].

Stellar (XLM) is nearing a significant milestone, with active accounts approaching 10 million. The network adds approximately 5,000 to 6,000 new addresses daily, reflecting steady, organic growth. This rise in user participation strengthens Stellar’s fundamental base and may support future price appreciation. Historically, increases in account numbers have aligned with price surges, suggesting that this milestone could be a catalyst for further momentum [1].

Cold Wallet’s approach diverges from the traditional model where value is realized only after financial commitment. Instead, it rewards activity from the outset, creating a system where participation is immediately valuable. This strategy includes referral bonuses, with referrers earning a 20% bonus and referees receiving a 10% bonus from a dedicated pool [1]. The project’s confirmed launch price of $0.3517 highlights the potential upside for early participants and underscores the appeal of its user-driven model.

While Cardano and Stellar continue to attract attention through technical setups and network expansion, Cold Wallet introduces a new standard for participation. With its emphasis on immediate utility and community-driven growth, it aligns with a broader trend of platforms aiming to enhance user engagement through tangible rewards [1]. The presale success and early adoption metrics suggest that Cold Wallet is positioning itself as one of the fastest-growing crypto projects to watch.

Source: [1] Cold Wallet Raises $6.4M & Rewards Users Early, While ADA Targets $1.50 & XLM Nears 10M Accounts! (https://coinmarketcap.com/community/articles/68a74ac3ca89393ea1503b6c/)