Dogecoin News Today: Cold Wallet Presale Hits $5.6M as DOGE Approaches $0.30 and LINK Retraces 19%

Cold Wallet has entered Stage 16 of its presale at $0.00942, having raised over $5.6 million and sold more than 682.7 million tokens [1]. The project is designed to offer users a self-custody ecosystem where they can earn rewards for everyday transactions such as gas fees, asset swaps, and fiat on-ramp activity. With a locked launch price of $0.3517, the token offers a 50x return from its current presale price, but the platform’s value proposition is more than speculative—it emphasizes real-world utility and user-driven growth [1].

Meanwhile, Dogecoin is showing signs of a potential breakout, with technical analysts observing a bullish pennant pattern that could push the price toward $0.30 if supported by increased trading volume [1]. However, the optimism is largely fueled by social media activity and occasional mentions from figures like Elon Musk. Dogecoin’s fundamental utility remains limited, and past surges have often proven short-lived, leaving long-term investors wary of its sustainability [1].

Chainlink, on the other hand, recently experienced a 19% price surge past key resistance but has since pulled back to test support near $14 [1]. Traders are closely watching whether the asset can hold its position or slide further. While Chainlink’s infrastructure provides critical oracle services to the broader crypto market, its value proposition for end-users remains tied to price performance rather than direct utility or rewards [1].

Cold Wallet differentiates itself by rewarding users for actual usage. Instead of relying solely on market momentum, it offers tiered cashback incentives, with top-tier users potentially reclaiming 100% of their gas fees and up to 50% on other activities [1]. The wallet’s interface is designed for simplicity, and upcoming upgrades such as gas-free transactions and Layer 2 integrations aim to enhance usability and scalability. This approach positions Cold Wallet as a more practical alternative to traditional crypto assets that offer only speculative value [1].

In a broader market context, Dogecoin and Chainlink reflect the short-term, hype-driven nature of many crypto projects, whereas Cold Wallet is building a model focused on user activity and real-world value generation. As the crypto space continues to evolve, projects that combine utility with tangible incentives may gain stronger long-term traction [1].

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Source: [1] Cold Wallet Reaches Stage 16 With $5.6M Raised as DOGE Eyes $0.30 & LINK Faces Key Pullback (https://coinmarketcap.com/community/articles/6891f5eed648e04dc407e11e/)