Cold Wallet Secures $5.93M Presale and Acquires Plus Wallet to Challenge MetaMask with 3,425% ROI Potential

Cold Wallet ($CWT) has raised $5.93 million through its presale, selling 709.6 million tokens and acquiring Plus Wallet for $270 million in a strategic move to challenge MetaMask and Trust Wallet. This acquisition provides Cold Wallet with 2 million active users and a mature interface, enabling immediate testing of its cashback model. The project has positioned itself as a unique entrant in the crypto wallet space by offering users automatic cashback rewards in CWT tokens for transactions, bridging, and gas fees—something neither MetaMask nor Trust Wallet currently provides [1].

The cashback mechanism is designed to turn transaction costs into value for users, offering a compelling alternative in a market where fees are rising. Cold Wallet’s model rewards users instantly, without requiring staking or lockups, making the process seamless and user-friendly. This feature aligns with growing user frustrations over the complexity and lack of incentives in existing wallets [1].

Currently in Stage 17 of its 150-stage presale, Cold Wallet’s token price is $0.00998, with a projected 3,425% return if the token reaches its expected $0.3517 launch price. The presale structure is designed to create urgency, as each subsequent stage closes faster and offers diminishing returns. The speed of coin sales suggests strong interest, with over 709.6 million tokens sold in weeks [1].

The integration of Plus Wallet not only accelerates Cold Wallet’s user base but also provides a ready-made infrastructure for testing its model. This strategic acquisition allows Cold Wallet to bypass the lengthy development and user acquisition phases typical of new crypto projects. With a strong ROI-driven presale and a live product, the project is well-positioned to avoid common startup risks [1].

However, Cold Wallet faces a significant challenge in competing with MetaMask and Trust Wallet, which dominate the market with strong brand recognition and deep DeFi integrations. The success of Cold Wallet will depend on converting its existing user base into active CWT holders and growing through referrals and cashback incentives. If the model resonates with users, particularly frequent DeFi users and cost-conscious traders, Cold Wallet could disrupt the wallet market [1].

Cold Wallet’s approach represents a significant shift in the wallet space, focusing on user experience and real-time value generation. As transaction costs rise and user expectations evolve, wallets that offer tangible benefits may gain a competitive edge. The project’s current traction and strategic positioning suggest it is prepared to challenge the status quo, even before a major marketing push [1].

Source: [1] Cold Wallet’s $5.93M Presale Sets Stage to Challenge MetaMask and Trust Wallet with Cashback Rewards (https://coinmarketcap.com/community/articles/689d7ced5bbe9e3e67d22342/)