Ethereum News Today: Cold Wallet Presale Hits 3423% Upside as ETH Near 2021 High and OKB Rallies 160% Post-Burn

The cryptocurrency market is navigating a pivotal phase as Ethereum (ETH) inches closer to its 2021 high and OKB surges due to a major token burn. However, Cold Wallet (CWT) has emerged as a standout asset, particularly in its Stage 17 presale, offering a compelling alternative to both with a projected 3,423% upside [1].

Ethereum’s price movement has drawn considerable attention, with some analysts forecasting it could reach $22,000 if a bullish inverse head and shoulders pattern confirms [1]. This prediction is supported by strong institutional ETF inflows and on-chain accumulation, which reinforce ETH's position as a foundational digital asset [1]. Nonetheless, ETH’s volatility remains a persistent challenge for traders and investors.

OKB, on the other hand, has surged more than 160% in a single day following a 65 million token burn that effectively reduced its total supply by half. This move has positioned OKB as a scarce asset, drawing comparisons to Bitcoin’s supply model [1]. Despite the impressive price movement, a $58 million sell wall has emerged, signaling potential downward pressure if large holders begin offloading. The top 100 wallets hold nearly 60 million OKB, reflecting strong institutional confidence [1].

Cold Wallet, meanwhile, is capturing attention through its Stage 17 presale, which is currently priced at $0.00998. With a confirmed listing price of $0.3517, this creates a projected 3,423% upside for early investors [1]. Unlike ETH and OKB, which depend on market sentiment and supply adjustments, Cold Wallet offers a utility-driven model that turns transaction fees into rewards. This includes cashback, bridge rebates, and transaction incentives, effectively transforming a cost into a benefit for users [1].

The presale has raised over $6.45 million, with more than 755 million tokens sold to date, indicating strong early adoption [1]. Furthermore, it is estimated that over two million new users are expected to join at launch, reinforcing Cold Wallet’s potential for real-world usage. Each completed presale stage reduces the remaining upside, making early entry increasingly strategic [1].

In contrast to the speculative nature of ETH’s price push and OKB’s supply-driven rally, Cold Wallet’s value proposition is grounded in immediate economic returns. This differentiates it from traditional crypto narratives and positions it as a viable option for investors seeking tangible yield over time [1]. The combination of its presale traction, projected ROI, and utility model makes Cold Wallet a compelling case study in how crypto projects can address long-standing user frustrations [1].

Source:

[1] Why Cold Wallet’s Stage 17 Presale Beats ETH’s $22K Price Push & OKB’s Supply Shock With Locked 3,423% Upside! (https://cryptonewsland.com/why-cold-wallets-stage-17-presale-beats-eths-22k-price-push-okbs-supply-shock-with-locked-3423-upside/)