Polkadot News Today: Cold Wallet Presale Surpasses $5.9M Amid Strategic Token Discounts and Referral Bonuses

Cold Wallet’s presale has surpassed $5.9 million in funding, with Stage 17 offering tokens at $0.00998, significantly below the projected listing price of $0.3517, implying a potential return of over 35 times for early investors [1]. The project is also implementing a robust referral system that provides instant USDT cashback on swap activity, with a 10% bonus in CWT for referrers and a 5% bonus in tokens for referred users. These bonus tokens are distributed from a dedicated referral pool, ensuring no dilution of the core token supply. Additionally, the cashback and referral rewards operate on a tiered system based on CWT holdings, with the highest tier offering 100% gas cashback and 50% swap and ramp cashback [1].

Meanwhile, Polkadot (DOT) is trading at around $3.59, with support at $3.55 and resistance at $3.67. Despite a 1.8% decline over the past 24 hours, the network has seen growing on-chain activity, including 32 million validated transactions in October 2024. Long-term price predictions remain optimistic, with an average price of $4.90 expected by 2025 and a potential high of $5.30. By 2028, forecasts project the price could rise to $17.62, and by 2031, it may reach $55.70, driven by the ongoing development of its multichain protocol and the Sinai Upgrade [1].

Shiba Inu (SHIB) is currently trading at $0.00001223, up 0.2% over the past 24 hours. It is fluctuating between key support at $0.00001213 and resistance at $0.00001242. SHIB is anticipated to reach $0.000022 in 2025 and $0.000070 by 2028, with broader forecasts suggesting an average price of $0.000186 by 2031. This growth is attributed to the development of the Shibarium and ShibaSwap platforms, as well as sustained community engagement [1].

Cold Wallet’s model emphasizes measurable value through its referral and cashback systems, which are designed to incentivize both usage and engagement. The project’s current presale stage offers early investors a compelling entry point, especially when considering the fixed listing price. In contrast, Polkadot and Shiba Inu are demonstrating gradual but consistent progress, with Polkadot’s long-term fundamentals and SHIB’s community-driven initiatives supporting their price outlooks [1].

Source:

[1] Cold Wallet Presale Hits $5.9M While Polkadot Grows and SHIB Eyes $0.000022 (https://www.livebitcoinnews.com/cold-wallet-presale-hits-5-9m-while-polkadot-grows-and-shib-eyes-0-000022/)