XRP News Today: Cold Wallet's $0.00998 Presale Poised to Outperform XRP and SHIB

Cryptocurrency market analysts are drawing attention to Cold Wallet’s $0.00998 presale as a potential outperformer against bullish forecasts for XRP and Shiba Inu (SHIB). While XRP’s $12.6 price target and SHIB’s 300% price prediction remain significant, Cold Wallet’s unique cashback model, existing user base, and strong presale traction position it as a compelling alternative for investors seeking high-growth opportunities [1].

XRP’s recent regulatory breakthrough has acted as a major catalyst. The U.S. Securities and Exchange Commission officially closed its case against Ripple on August 11, 2024, effectively resolving a long-standing legal issue that had clouded the project’s future. Analyst Ali Martinez highlighted that this development has placed XRP on a path toward a potential rise to $12.6, driven by a breakout from a multi-year triangle pattern expected in November 2024. With the token currently trading near $3, the potential approval of U.S. spot XRP ETFs could further accelerate its growth trajectory [1].

Shiba Inu (SHIB) continues to capture attention in the altcoin space, with analysts forecasting a potential market cap increase to $28 billion. If SHIB’s circulating supply remains unchanged, this would equate to a 300% price appreciation. Given the token’s large and active community, such a move could not only boost SHIB but also stimulate renewed interest in the broader meme coin sector, potentially sparking wider altcoin rallies [1].

Cold Wallet, however, is offering a fundamentally different approach. Instead of relying on speculative momentum, it incentivizes blockchain activity through a cashback mechanism. Users receive rewards in CWT for actions such as sending funds, paying gas fees, and swapping assets. This creates a feedback loop where user engagement directly contributes to token value. The project is already integrated with Plus Wallet, a platform that boasts over 2 million users, ensuring instant liquidity and transaction volume from the outset. This is a significant advantage over most new projects, which often struggle with adoption early on [1].

The project has raised $6.13 million in presale funding and is currently in Stage 17, with the token priced at $0.00998. Analysts note that this price is substantially lower than the confirmed $0.3517 listing price, implying a potential return on investment of more than 3,400%. This high ROI, combined with a ready user base and functional infrastructure, makes Cold Wallet an attractive option for early adopters [1].

While XRP and SHIB rely on regulatory developments and community-driven speculation, Cold Wallet offers a more structured and data-backed model. Its value is derived from tangible user activity and immediate liquidity, making it less dependent on macro trends or sentiment shifts. This structural advantage positions it as a strong candidate to outperform both XRP and SHIB in the near to medium term [1].

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[1] title: XRP $12.6 Setup, SHIB 300% Jump, Cold Wallet's ...

url: https://crypto-economy.com/xrps-12-6-setup-shibs-300-goal-are-impressive-but-cold-wallets-0-00998-presale-could-outperform-them-both/