Ethereum News Today: Cold Wallet Presale Hits $6.3M With 3,423% Potential Gains

The cryptocurrency market remains in a state of flux as key developments unfold across major projects. Pi Network, having launched its Open Mainnet, has seen over 12 million active accounts and is now trading near $0.3915. However, concerns persist regarding the upcoming unlock of 276 million tokens—3.5% of the total supply—set for August. Historical data indicates past unlocks have led to price drops as high as 34%, raising questions about the sustainability of the current rally [1]. Technical indicators also suggest a lack of strong buying pressure, with the Relative Strength Index (RSI) at 38.4 and MACD showing no clear upward momentum [1].

Meanwhile, Ethereum has gained momentum, rising over 60% this year and approaching its 2021 peak of $4,865. Analysts are forecasting potential price targets between $6,000 and $15,000, contingent on the asset’s ability to break through key resistance levels. This optimism is driven by growing demand from spot ETFs and whale accumulation. Ethereum currently trades above all major moving averages, suggesting strong technical health. However, with prices already stretched, the risk of a pullback remains, especially if the market fails to push through current resistance [1].

Amid these developments, Cold Wallet (CWT) has emerged as a strong contender for investors looking for immediate utility and long-term upside. As of Stage 17 of its presale, Cold Wallet has raised over $6.3 million and sold more than 740 million tokens. The current entry point of $0.00998 offers a substantial discount to the projected launch price of $0.3517, representing a potential 3,423% return [1]. Unlike speculative projects, Cold Wallet’s model includes cashback features on transaction fees, bridge rebates, and gas fee refunds, offering value from the first transaction [1].

The project differentiates itself by restructuring the user experience of digital wallets. Instead of relying on speculative growth, Cold Wallet introduces a revenue-sharing model that rewards users for everyday transactions, creating a cycle of ongoing value generation. The acquisition of Plus Wallet, a service with two million active users, further bolsters Cold Wallet’s growth trajectory and user base [1]. The project is also undergoing security audits by CertiK, adding another layer of trust and transparency [1].

Cold Wallet’s presale strategy has drawn attention for its structured and steady accumulation pattern, rather than short-term hype. The early stages have sold out quickly, with each phase increasing in price. Stage 17 is considered one of the last sub-cent entry points before the price curve accelerates. This has led to growing demand and speculation that the final stages of the presale will see increased participation [1].

In contrast, investors are being advised to approach other top-performing assets with caution. Pi Network’s upcoming unlock introduces uncertainty, while Ethereum’s rally, though impressive, leaves little room for new entrants without exposing them to potential volatility. Cold Wallet, by contrast, offers a clearer value proposition with both immediate utility and a defined price trajectory [1].

As the market continues to evolve, the focus is shifting toward projects that combine real-world use with growth potential. Cold Wallet stands out in this regard, offering a functional product with tangible benefits and a clear roadmap. For investors looking to position themselves in 2025, Cold Wallet’s presale represents a compelling opportunity that balances upside potential with immediate utility [1].

Source:

[1] TheCoinrise.com article titled "Cold Wallet's $6.3M Presale Shakes Up DOGE, SHIB & PEPE" (https://www.bitcoininsider.org/article/283743/which-crypto-buy-now-cold-wallets-63m-presale-shakes-doge-shib-pepe)

[2] TheCoinrise.com article titled "DeFi News: Decentralized Finance Updates and Trends" (https://thecoinrise.com/category/defi-news/)