XRP News Today: Dogecoin Tests Key Support, XRP Aims for $12.60 as Cold Wallet Presale Hits 3423% ROI Target

In August 2025, the crypto market continues to evolve with altcoins showing varied potential for growth. Among the standout names are Dogecoin (DOGE), XRP, and Cold Wallet (CWT), each drawing attention from traders and investors for different reasons.

Dogecoin remains a focal point due to its current technical positioning. The coin is testing a key support level of $0.196, with analysts noting that a successful defense of this level could lead to a renewed upward move [1]. The coin benefits from a strong community and viral appeal, which continues to influence its price action. If buyers step in at this support, the potential for a 20–30% gain in the near term is being discussed, although it remains a highly volatile and sentiment-driven asset [1].

XRP is also gaining traction following the resolution of its long-standing legal issues with the U.S. Securities and Exchange Commission (SEC). With the legal cloud now lifted, XRP is showing technical signs of strength, with price action holding within a bullish channel and a target of $12.60 in focus [1]. Whale activity has increased, signaling growing confidence among large holders. If XRP can break through key resistance levels with strong volume, it could initiate a broader rally.

Cold Wallet is generating considerable buzz with its presale offering. At Stage 17 of its token sale, Cold Wallet’s price stands at $0.00998, with a projected launch price of $0.3517, which suggests a 3423% return on investment if the price target is met [1]. The project differentiates itself through its real-world utility, offering users cashback rewards for on-chain activities such as gas fee payments and fiat ramps. The project has already raised over $6.1 million and sold 730 million tokens, indicating strong market interest. Cold Wallet’s roadmap includes Layer 2 and custom solutions to reduce gas fees and improve transaction speed, addressing a major usability issue in blockchain [1].

Looking ahead, investors are advised to consider a balanced approach, combining well-known names like DOGE and XRP with high-potential early-stage projects such as Cold Wallet. While DOGE and XRP present opportunities for short- to medium-term gains, Cold Wallet’s focus on utility and scalability positions it as a unique opportunity for those seeking substantial returns [1].

Source: [1] Top Altcoins to Buy This August: DOGE Holds Support, XRP Eyes $12.60 and Cold Wallet’s Stage 17 Unlocks 30x ROI Potential! (https://coinmarketcap.com/community/articles/68a0903b2d435e08fbaf9cb7/)