XRP News Today: Cold Wallet Acquires Plus Wallet for $270M as XRP and Dogecoin Await Breakouts

Generated by AI AgentCoin World
Tuesday, Aug 5, 2025 2:25 pm ET1min read
Aime RobotAime Summary

- Cold Wallet acquires Plus Wallet for $270M, expanding users to 2 million through real-world utility and rewards.

- XRP targets $4-$7 range with $5 breakout focus, while Dogecoin hovers near $0.2382 amid sideways consolidation.

- Cold Wallet's $0.00942 presale price (vs $0.3517 listing) and live CWT token ecosystem differentiate it from speculative crypto assets.

- Market contrasts speculative XRP/Doge strategies with Cold Wallet's user-driven growth model, highlighting shifting investor priorities toward functional crypto platforms.

XRP Eyes $5, Dogecoin Holds Ground, Yet Cold Wallet’s $270M Acquisition of Plus Wallet Dominates Crypto News [1]. In the latest developments, XRP has drawn attention from analysts who point to bullish technical indicators, suggesting the token could move toward a price range of $4 to $7 [1]. A potential breakout to $5 has become a focal point within the community, with many tracking key levels like $3.66 and $3.32 as signs of progress [1]. Meanwhile, Dogecoin remains steady near $0.2382, with many viewing its sideways movement as part of a buildup phase. Analysts highlight the importance of maintaining support between $0.24 and $0.22, suggesting a potential climb toward $0.42 if the trend continues [1].

Cold Wallet, however, is capturing significant attention by taking a different approach. The platform recently acquired Plus Wallet for $270 million, instantly expanding its active user base to over 2 million [1]. Unlike XRP and Dogecoin, Cold Wallet is not reliant on price speculation but instead focuses on real-world usage and utility. The platform operates a live rewards system where users earn CWT tokens for activities such as referrals, swaps, and bridge actions [1]. This approach is building a high-energy community that fuels continuous transaction activity and loyalty within the ecosystem [1].

The Cold Wallet presale is currently in stage 16, having already raised over $5.7 million with more than 683 million coins sold [1]. The current presale price is $0.00942, and the confirmed listing price is $0.3517, offering early adopters a significant margin [1]. With its existing functionality and expanding user base, Cold Wallet is demonstrating measurable growth and value creation rather than relying on future projections [1].

As the crypto market continues to evolve, the contrast between speculative assets like XRP and Dogecoin and utility-driven platforms like Cold Wallet becomes more pronounced. XRP relies on technical signals and community optimism, while Dogecoin depends on cultural momentum and breakout potential. Cold Wallet, on the other hand, is building a sustainable ecosystem backed by active users and a functional cashback model [1]. Analysts and investors are beginning to recognize the value of platforms that combine real-world usage with scalable growth strategies [1].

For now, the market remains divided. XRP and Dogecoin supporters continue to track price movements and technical indicators, while Cold Wallet is gaining traction through tangible results and community engagement [1]. As the crypto landscape shifts toward more functional and user-driven models, the performance of these three options will likely remain a topic of interest for investors and traders alike [1].

Source: [1] Cold Wallet vs XRP & Dogecoin: Which One Offers Huge Gains? (https://coinmarketcap.com/community/articles/689247c3b31eee24ade2c7d9/)

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