Cold Wallet Secures $5.9M Presale and 2M Users as ICP Stabilizes and Stellar Rises 72.91% on Bull Flag

Generated by AI AgentCoin World
Tuesday, Aug 12, 2025 8:27 am ET1min read
Aime RobotAime Summary

- Cold Wallet ($CWT) raised $5.9M in Stage 17 presale, acquiring Plus Wallet to gain 2M active users instantly.

- ICP stabilized near $5 with 56% above-average trading volume, showing renewed buyer-seller interest.

- Stellar (XLM) forms bull flag pattern, targeting $0.70 (+72.91%), supported by Marketnode and Euroclear partnerships.

- Cold Wallet’s live platform and real-world utility contrast with ICP/Stellar’s consolidation phases, signaling crypto market resilience.

Cold Wallet ($CWT) has seen significant traction in its Stage 17 presale, raising $5.9 million at a price of $0.00998 per token. The project has also secured a confirmed launch price of $0.3517, offering over 35 times upside potential. A key driver of this momentum is its acquisition of Plus Wallet for $270 million, which instantly brought more than two million active users into its ecosystem. This move bypassed the typical slow start for new crypto projects by providing Cold Wallet with a live platform and immediate utility through its cashback reward system. Users can earn $CWT by performing everyday crypto actions like swaps, gas payments, and fiat on/off ramps, without the need for staking or complex onboarding [1].

Meanwhile, ICP is showing early signs of stabilization near the $5 level. Over the past 24 hours, the token dipped slightly from $5.21 to $5.08, but it has rebounded from a low of $4.97, briefly reaching $5.13 before settling near $5.06. A notable spike in trading volume occurred during the 05:00 UTC window, with 524,622 tokens traded—56% above the daily average. This increased participation from both buyers and sellers suggests growing interest and potential for renewed upward movement [1].

Stellar (XLM) is also drawing attention as it forms a classic bull flag pattern on the charts. This technical setup suggests the possibility of a breakout that could push the token toward $0.70, representing a 72.91% increase from its current price of $0.38. Institutional support is further bolstering confidence in Stellar’s future, with the

Development Foundation announcing that Marketnode’s Gateway now supports the network, expanding its reach in the Asia-Pacific region. Euroclear’s involvement is also seen as a positive sign for long-term growth [1].

Cold Wallet’s rapid user acquisition and immediate utility, combined with ICP’s stabilizing price and Stellar’s favorable chart pattern, highlight a broader trend of emerging strength in the crypto market. While ICP and Stellar remain in watch mode for potential breakouts or continued consolidation, Cold Wallet has already established a working platform and a growing user base, differentiating it from projects still in early development.

The project continues its Stage 17 presale, offering early investors the opportunity to participate in its growth trajectory. At this stage, the focus remains on building a strong foundation through real-world adoption and user engagement [1].

Sources:

[1] title: Cold Wallet Gains 2M Users & $5.9M in Stage 17 as ICP Builds a Base Near $5 & Stellar Forms Bull Flag! (https://coinmarketcap.com/community/articles/689b2f0c65b2ba30b64e2550/)