XRP News Today: Cold Wallet Presale Promises 3632% ROI as XRP Dips 2.5% and Cronos Hits 74% Gains

Cold Wallet (CWT) is generating buzz within the crypto market with the promise of a 3,632% return on investment (ROI) from its current presale stage to launch. At the time of reporting, $5.72 million has been raised through the sale of 691.23 million tokens in Stage 16, where the price stands at $0.00942. The platform is positioning itself as a solution to the persistent issue of gas fees in decentralized finance (DeFi), offering a unique utility model that allows users to recover these costs through $CWT token mechanics [1].

The token operates within Cold Wallet's ecosystem, where gas fees are no longer one-way drains but opportunities for value recovery. Users can access priority tools and integrated earning mechanics that aim to flip passive wallet activity into a system of returns. The platform’s model is designed to rebalance the economics of participation, ensuring that gas fees work in favor of the token holder rather than against them [1].

In contrast, the XRP price trend is showing signs of bearish pressure. After slipping below the psychological $3 level, XRP is trading around $2.96, with a 2.5% daily dip reported. The sell-off has been attributed to a whale releasing 720 million XRP tokens into the market, leading to a $5 billion drop in market capitalization. Analysts suggest that support may not arrive until $2.40, despite short-term cushioning near $2.80. Technical indicators such as the MVRV death cross and MACD bearish crossover highlight ongoing downside risks, even as RSI remains near neutral [1].

Meanwhile, the Cronos (CRO) price trend is showing stronger momentum. Supported by a bullish pennant and a golden cross, CRO is currently trading at $0.1347, with traders anticipating a breakout toward $0.20. The token has surged 74% from its yearly low, with $0.1498 marked as the next resistance level. On-chain data shows that stablecoin supply on Cronos has risen to $168 million, and decentralized exchange (DEX) volume reached $142 million in July. The presence of ETF filings linked to Crypto.com and Canary Capital is further bolstering the bullish case [1].

The contrasting trajectories of XRP and CRO underscore the volatile and dynamic nature of the crypto market. While XRP faces continued selling pressure, Cronos is building a solid technical and fundamental case for a potential price move above $0.20. Cold Wallet, however, is carving out its own narrative by addressing the broader issue of gas costs, offering a practical utility that aligns with the long-term vision of a sustainable DeFi ecosystem [1].

Presale participants in Stage 16 are positioning themselves for a potential 3,632% ROI if the token reaches its expected launch price of $0.3517. The completion of 150 stages will mark the full rollout of the token, with the presale currently in its 16th phase. Cold Wallet’s approach is not just about price speculation but about redefining how value is generated and retained within a wallet. As adoption increases, the platform’s utility is expected to expand beyond gas fee offsets into broader earning mechanisms [1].

Source: [1] 3,632% ROI Ahead: Cold Wallet Flips Gas Costs Into Value! XRP Price Trend Sinks & Cronos Eyes $0.20 (https://coinmarketcap.com/community/articles/6895dc28fbf0d76ec0d0a743/)