Whales Shift Focus to Cold Wallet Presale as Bonk Slides 14%

Whales are increasingly focusing on the Cold Wallet (CWT) presale as the Bonk price continues to slide, shaking the memecoin market. Over the past week, Bonk has lost more than 14% of its value, with further declines of nearly 5% observed in the last 24 hours. Despite a high trading volume of $600 million, most of the activity is driven by sell orders rather than new buying pressure. Analysts warn of a potential short-term drop to as low as $0.000022 if momentum does not return. Bonk’s team has initiated a 1% buyback program in an attempt to stabilize the token, but the rising competition from alternatives like Pump Token adds to the uncertainty [1].

Meanwhile, ICP is showing a more cautious but optimistic outlook. Analysts predict that ICP could trade around $5.10 to $5.30 by the end of 2025, with the possibility of reaching $6 to $7 in 2026 if adoption and utility improve. More bullish forecasts suggest a potential rise to $13, but such predictions are contingent on increased adoption of Web3, DeFi, and AI on the platform. Conservative long-term models estimate a price range of $8 to $10 by 2030, while highly optimistic scenarios suggest ICP could climb as high as $100 or even $175 [1].

Amid the volatility in the memecoin and broader crypto markets, Cold Wallet has attracted significant attention, particularly from large investors or whales. The presale has entered Stage 16, with some investors pouring over $50,000 into CWT in a single transaction. This surge in activity is not driven by retail FOMO but rather by institutional-level investors seeking early access to what could become the fastest-selling token of 2025. The CWT presale is structured into 150 price stages, with the current price at $0.00942. Over $5.7 million has already been raised, with only 40% of the total 10 billion tokens available for sale. Demand is clearly outpacing supply [1].

What sets Cold Wallet apart is its utility-driven model. Every CWT holder benefits from a cashback system on gas, swaps, and ramps, along with a live referral program that pays real USDT. This structure incentivizes long-term usage and rewards early adopters. Whale activity is not about hype but about securing allocations before the next significant price movement. The growing transaction volume and whale interest suggest that Cold Wallet could be positioned as one of the best cryptos for long-term use [1].

The broader market is in a state of re-evaluation, with traders recalibrating expectations for Bonk and watching for signs of a recovery. In contrast, ICP's path is seen as slower and more methodical, dependent on real-world adoption rather than speculative trading. However, Cold Wallet appears to be attracting capital and attention in a way that is diverging from the usual patterns in the space. With whales moving quickly and the presale progressing rapidly, the token is being positioned as a potential alternative to traditional models that prioritize low fees over user rewards [1].

Source: [1] Whales Rush for Cold Wallet Presale as Bonk Price Drop Shakes Market & ICP Price Prediction Sees $13 Ahead (https://coinmarketcap.com/community/articles/6894dc938084d43748113905/)