PEPE Tests Key Resistance, PENGU Rallies 50%, Cold Wallet Projects 3,633% ROI

Generated by AI AgentCoin World
Tuesday, Aug 5, 2025 2:18 pm ET1min read
Aime RobotAime Summary

- PEPE memecoin tests $0.000040 resistance after breaking a descending wedge pattern, with potential for further gains if it holds above $0.00001129 support.

- PENGU sees 50%+ open interest surge in 48 hours, driven by 38% South Korean trading volume, as Asian demand fuels $8.8M weekly sales.

- Cold Wallet (CWT) raises $5.6M in Stage 16, offering 3,633% ROI potential if listed at $0.3517, while innovating with cashback rewards for transaction fees.

- Market trends highlight growing focus on utility-driven projects like Cold Wallet, contrasting with speculative assets like PEPE and PENGU in Asia's volatile crypto landscape.

The cryptocurrency market has shown renewed signs of momentum, with several key assets capturing investor attention. PEPE, a memecoin with a history of volatile price swings, is currently testing a key resistance level. Price action suggests it has broken free from a descending wedge and re-established above its moving averages. Traders are closely watching whether it can push above this critical level, which analysts estimate could see the price rise toward $0.000040. A drop below the support at $0.00001129, however, could signal a breakdown in the bullish pattern[1].

Meanwhile, PENGU is experiencing a rapid surge in Asia, driven largely by South Korean traders, who now account for approximately 38% of its daily trading volume. Weekly sales have exceeded $8.8 million, and open interest in PENGU derivatives has spiked more than 50% in just 48 hours. Analysts suggest that continued buying pressure could extend the rally, despite recent price volatility[1].

One of the most notable developments is the performance of Cold Wallet (CWT), a project that is redefining the utility of crypto wallets. With over $5.6 million raised and 15 presale stages already sold out, the project is now in Stage 16, where the token price stands at $0.00924. If the token lists at $0.3517 as anticipated, this could translate to a potential return on investment of 3,633%. Unlike traditional wallets, Cold Wallet rewards users through cashback on transactions such as swaps, on-ramps, and bridge activities, effectively turning every use into a value-generating action[1].

The growing traction of Cold Wallet is not just due to its financial projections but also its innovation in user utility. The platform aims to incentivize engagement by returning value instead of charging fees, which could set a new precedent for how users interact with crypto assets. This model differentiates it from competitors and aligns with a broader trend of utility-driven platforms in the space.

Collectively, these developments highlight a shift in the crypto market toward projects with clear utility and real-world application. PEPE’s chart pattern, PENGU’s regional traction, and Cold Wallet’s presale success all point to a market increasingly focused on actionable value rather than speculative hype. Investors who are looking to capitalize on the next wave of growth may find these assets particularly compelling[1].

Source: [1] Bullish Crypto Moves You Can’t Miss: PEPE Tests Resistance, PENGU Rallies 50%, and Cold Wallet Unlocks 3,633% ROI Potential! (https://cryptonewsland.com/bullish-crypto-moves-you-cant-miss-pepe-tests-resistance-pengu-rallies-50-and-cold-wallet-unlocks-3633-roi-potential/)

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