Ethereum News Today: Cold Wallet Presale Surpasses $6.3M With 3,400% Potential Return

Cold Wallet ($CWT) has emerged as one of the most active presale projects in the crypto space, having sold 745 million tokens in a matter of weeks, raising over $6.3 million [1]. The token’s presale is currently in Stage 17, with the price at $0.00998, significantly above its initial Stage 1 offering price of $0.007. With a confirmed listing price of $0.3517, the potential for returns for current presale participants remains substantial at approximately 3,400% [1].

While Ethereum (ETH) and Monero (XMR) are also making headlines, Cold Wallet’s performance appears to outpace both in terms of market engagement and structural advantages. Ethereum recently crossed $4,500 after receiving more than $1 billion in spot ETF inflows within a single day, with BlackRock alone contributing $640 million. Trading volumes have increased by 26%, reinforcing the bullish sentiment around the asset [1].

Monero, in contrast, faces growing concerns over centralization. A mining entity named Qubic now controls more than 50% of Monero’s mining power, leading to fears about network security and long-term decentralization. Monero’s price dropped 6% in 24 hours following the announcement, raising questions about the network’s resilience [1].

Cold Wallet’s rapid growth is not solely driven by speculative demand. The project recently acquired $270 million in Plus Wallet, a platform already serving over 2 million active users. This acquisition ensures immediate adoption and liquidity from day one. Moreover, Cold Wallet integrates fee refunds for gas, swaps, and bridges directly in CWT tokens, creating a recurring value mechanism for users [1].

Large investors, or “whales,” have already secured substantial allocations, fueling demand and creating a scarcity effect as Stage 17 nears its sellout. With each stage closing, the upside for new participants diminishes, as later stages come with higher entry prices and reduced ROI potential [1].

As the presale moves toward its next price stage, the urgency for potential investors is increasing. The closing of Stage 17 could mark the last opportunity to access the lowest entry point before prices rise further in Stage 18.

Source: [1] Cold Wallet Sells 745M Tokens in Weeks: Here’s Why $CWT is Bigger Than ETH’s Rally or XMR’s Struggles in Q3! (https://coinmarketcap.com/community/articles/68a646602545a531d38989a4/)