Cold Wallet Surges 3633% Post $270M Plus Wallet Acquisition

Cold Wallet ($CWT) has surged into the spotlight with a $270 million acquisition of Plus Wallet, bringing in over two million active users and positioning itself as a major contender in the non-custodial crypto wallet sector. The acquisition has significantly expanded its user base and infrastructure, with the platform’s presale price of $0.00998 and projected launch price of $0.3517 indicating a potential return on investment of over 3,633%. This growth trajectory stands in stark contrast to the recent performance of other major cryptocurrencies like Dogecoin and Cardano [1].

Dogecoin has experienced a sharp downturn, dropping 5% in the last 24 hours as trading volume spiked to nearly 878 million, more than three times the daily average. The price dipped below $0.201 to $0.1985, raising concerns about further declines toward the $0.185 support level. Analysts attribute the sell-off to intensified institutional liquidations and shifting market sentiment, which continues to favor the bearish side [1].

Meanwhile, Cardano is trading near $0.74 after a 8.8% rebound from a recent low of $0.70. The token is currently testing the $0.74 to $0.76 resistance range, a level that has historically capped upward moves since its July peak. Analysts caution that failure to break through this resistance could lead the price back to the $0.685 swing low in the short term, underscoring the need for strong buying interest to sustain the current momentum [1].

Cold Wallet’s strategic acquisition and user expansion reflect a broader market shift toward self-custody solutions. The platform’s user base has grown significantly in just seven months, signaling strong demand for secure, long-term storage amid ongoing volatility in the crypto market. With $5.9 million raised and 703 million tokens sold in its presale, Cold Wallet is gaining traction as a utility-driven token, offering cashback incentives and rebates on key transactions. The integration with Plus Wallet is expected to enhance the platform’s utility and user experience, further solidifying its position in the self-custody space [1].

As the acquisition integration progresses, Cold Wallet is evolving from a presale token to a fully functional utility asset within an interconnected ecosystem. The platform has already sold out 16 presale stages, and with each new phase, the entry window for early buyers narrows. The projected 3,633% ROI remains one of the most compelling metrics in the current crypto landscape, particularly as traditional projects struggle to maintain positive momentum [1].

The broader market dynamics underscore Cold Wallet’s potential as a standout asset in 2025, given its rapid user growth, strategic acquisitions, and clear value proposition. With a growing emphasis on security and decentralized control, Cold Wallet is well-positioned to capitalize on the increasing demand for self-custody solutions in the evolving crypto market [1].

Source: [1] Cold Wallet Onboards 2M New Users Overnight After $270... (https://coincentral.com/cold-wallet-onboards-2m-new-users-overnight-after-270m-plus-wallet-acquisition-doge-price-drops-5-ada-up-8-8/)