Dogecoin News Today: Cold Wallet Presale Hits $5.85M as Toncoin and Dogecoin Surge

Cold Wallet’s presale has reached $5.85 million, while Toncoin and Dogecoin are both experiencing significant price movements. Toncoin (TON) is currently trading near the $3.20 support level, a critical area historically associated with rebounds. Technical indicators suggest easing selling pressure, with the RSI nearing oversold territory and the MACD histogram showing reduced downside momentum. The market is watching closely for a potential $558 million reserve deal to close this week, which could provide the catalyst for a broader recovery. Analysts note that if TON holds above $3.20, it could target $3.45 or even $3.70 in the coming months [1].

Dogecoin (DOGE) has also attracted attention, with whale activity surging in recent days. In just 24 hours, large holders acquired one billion DOGE tokens—valued at $200 million—bringing their control to nearly half of the total circulating supply. Such concentrated buying often signals a tightening of supply, potentially setting the stage for a price rebound. The timing of this accumulation has fueled speculation about a US-approved spot DOGE ETF, with approval odds rising from 56% to 74% in early August. While analysts remain divided, with some predicting a rise to $0.50 and others anticipating a more modest 20% increase, the focus remains on whale behavior and regulatory updates as key drivers for the memecoin’s next move [2].

Meanwhile, Cold Wallet (CWT) is gaining traction not just for its projected 3,423% return on investment but for its real-world utility. The platform’s cashback-enabled wallet allows users to earn rewards on transactions, shifting the standard model where fees reduce balances. Currently in Stage 17 of its presale, Cold Wallet is priced at $0.00998, with a projected launch price of $0.3517. Early-stage buyers from Stage 1, who paid $0.007 per token, could see even greater returns. With over $5.85 million raised so far, the project is positioning itself as a strong contender in the growing competition against major wallets like MetaMask and Trust Wallet. Unlike speculative projects, Cold Wallet is already live and functioning, offering users a tangible earning mechanism with each transaction [3].

The broader market remains optimistic, supported by developments such as the SEC’s recent decision to drop its lawsuit against Ripple, which has been viewed as a positive shift in the regulatory landscape. This has boosted sentiment around altcoins like XRP and has indirectly supported the upward momentum seen in TON and DOGE. Institutional interest in Bitcoin and Ethereum also continues to build, further reinforcing market confidence.

Investors are, however, urged to maintain caution. While some tokens promise high returns, it is essential to differentiate between speculative forecasts and actual performance. For example, some analysts predict a more modest 5.00% return for a $100 investment in a similar token by 2026, highlighting the variance in market expectations [5].

As the market evolves, the emphasis remains on projects that offer both immediate utility and long-term potential. Cold Wallet, with its active platform and projected returns, is being seen as a standout option in a space often dominated by hype. With presale stages closing rapidly and the window for substantial gains narrowing, early participation is increasingly valuable. In a fast-moving market, projects like Cold Wallet are setting new benchmarks for what it means to be both functional and profitable [4].

Source:

[1] https://partner.cryptopolitan.com/cold-wallet-raises-record-5-8m-in-weeks-latest-on-dogecoin-doge-toncoin-ton-price-surge/

[2] https://zycrypto.com/news/

[3] https://blockchainreporter.net/news/

[4] https://bravenewcoin.com/

[5] https://www.bitget.com/price/online-cold-wallet/price-prediction