Litecoin Hits $128.40 on ETF Hope and $100M Investment Hedera Drops 20% Amid Short-Term Weakness Cold Wallet Presale Raising $5.9M With 4,900% ROI Potential

Litecoin surged to $128.40 in recent trading, reaching a five-month high driven by optimism surrounding a potential ETF approval and a $100 million treasury investment from MEI Pharma [1]. Over the past month, the cryptocurrency has gained 41%, with a 12.3% increase recorded in the last week alone. Analysts highlight the growing utility of Litecoin, which now accounts for 14.5% of crypto payments, reinforcing its market strength and institutional adoption [1]. Polymarket traders have assigned an 80% probability to an ETF approval by 2025, further amplifying bullish sentiment [1].

Meanwhile, Hedera (HBAR) experienced a sharp 20% decline from July 23 to August 3, trading near $0.2491 and slightly below its 20-day EMA. Technical indicators such as MACD, RSI, and CMF suggest short-term weakness but also hint at potential for a market reset and eventual recovery [1]. Despite the drop, the network’s total value locked (TVL) continues to grow, and signs of real-world adoption remain intact, suggesting that the underlying fundamentals have not been significantly damaged [1].

Cold Wallet, a rising name in the crypto space, is generating strong interest with its token presale having raised $5.9 million. The project, which acquired Plus Wallet for $270 million, now boasts over two million active users engaged in regular crypto activity. These users can earn Cold Wallet’s native token, $CWT, through swaps, gas fee conversions, and bridge transactions, all while benefiting from cashback incentives of up to 100% on gas fees and 50% on swaps [1]. With a projected launch price of $0.3517—up from a Stage 17 price of $0.00998—Cold Wallet offers a potential ROI of nearly 4,900% [1]. The project’s referral system further enhances its appeal, rewarding both referrer and new users with token incentives.

Unlike many speculative crypto ventures, Cold Wallet is backed by tangible results, including an active user base and real-world utility. The presale price of under one cent positions CWT as a high-growth opportunity for 2025, particularly with $5.9 million already raised and a product already in operation [1]. The project’s cashback model and integrated rewards system represent a compelling value proposition, distinguishing it from many of its peers [1].

The recent market moves underscore a shifting landscape in crypto. Litecoin’s strong performance and Hedera’s consolidation phase highlight the volatility and momentum shifts common in the sector, while Cold Wallet’s strategic approach and user-driven model signal a different trajectory—one focused on immediate utility and long-term gains [1].

Source: [1]Litecoin Hits $128, HBAR Slips 20%, and Cold Wallet Targets 4,900% ROI (https://coinmarketcap.com/community/articles/689aaf323962772b13d66085/)