Cold Wallet Secures $270M Plus Wallet Acquisition Pre-Token Launch

Cold Wallet ($CWT) has made a bold move in the crypto space by securing a $270 million acquisition deal for Plus Wallet before its token has even launched on exchanges. This unprecedented step positions Cold Wallet at the center of attention alongside projects like Hyperliquid and PENGU, which have also shown significant market traction. The presale price of $CWT remains at $0.00942, despite the acquisition of a platform with over 2 million users, signaling a high-risk, high-reward approach. The move has already raised $5.5 million in presale funds and has positioned $CWT as a token with real-world utility and user base from the outset [1].

Hyperliquid continues to strengthen its market position through a deflationary model that burns 100% of sequencer fees, effectively reducing the supply of HYP tokens as the platform scales. With over $11 billion in trading volume this year and more than 300,000 active wallets, the platform’s burn model creates a direct feedback loop where increased usage equates to decreased supply. This mechanism is already visible in real-time and is seen as a key driver for long-term value retention [1].

PENGU has shown consistent performance on key support levels, particularly at $0.035, which has served as a catalyst for multiple upward moves. Analysts highlight that each bounce off this level has led to significant price appreciation, such as the 280% increase from $0.012 to $0.046 in recent months. Currently trading near $0.0386, the token remains close to this critical support level. If PENGU holds above it, it could push toward $0.043 and $0.046, with some analysts projecting further gains to $0.075 or $0.097 [1].

Cold Wallet’s acquisition strategy sets it apart from many of its peers. While other projects are still in the early stages of development or relying on speculative hype, Cold Wallet has demonstrated a tangible, capital-intensive approach. The Plus Wallet acquisition not only brings an immediate user base but also validates the project’s commitment to growth and execution. This strategic move, combined with the early-stage pricing of $CWT, presents a compelling narrative for investors looking for action over mere promises [1].

The broader market appears to favor projects that can demonstrate real-world impact through measurable metrics. Hyperliquid’s burn model, PENGU’s chart performance, and Cold Wallet’s aggressive acquisition all reflect a trend toward value-driven growth in the crypto space. While forecasts and market predictions vary, these projects have shown that consistent execution and clear value propositions can drive sustained interest and investor confidence [1].

Source: [1] Cold Wallet Shakes Up Market With $270M Presale Move, Now on the Radar of Hyperliquid and PENGU Fans (https://coinmarketcap.com/community/articles/688fdd00b247d42126ad7509/)