XRP News Today: Traders Shift Focus to Cold Wallet Amid TRX and XRP Volatility

Generated by AI AgentCoin World
Friday, Aug 8, 2025 7:15 am ET1min read
Aime RobotAime Summary

- Market sentiment for TRX and XRP turns cautious as mixed technical signals and volatility hinder bullish momentum.

- Cold Wallet (CWT) attracts attention with 3,633% projected ROI, raising $5.8M through 691M tokens sold in presale.

- XRP faces sharp decline below $2.92 due to 7,676% long/short imbalance, exposing leveraged trade fragility.

- CWT's utility-driven model offers cashback rewards via gas fees and swaps, aligning with demand for yield-generating crypto platforms.

- Traders increasingly prioritize quantifiable returns from projects like CWT over speculative assets amid heightened crypto market volatility.

Market sentiment toward

(TRX) and has shifted to a more cautious stance amid mixed technical signals and recent volatility. While the TRX price forecast previously suggested a potential climb toward $0.48, current conditions show resistance at $0.34 as liquidity remains a limiting factor. Whale wallets have accumulated over 1.3 billion TRX tokens, signaling some bullish interest, but a sustained move higher depends on a strong weekly close and improved momentum across key indicators like the Money Flow Index [1].

The XRP price has faced a sharper decline, dropping below $2.92 following $358 million in liquidations. This sell-off was driven by a severe imbalance between long and short positions—7,676%—highlighting the fragility of leveraged trades in the market [2]. Although XRP briefly rebounded from its 50-day EMA, momentum indicators including RSI and MACD continue to reflect weak buying pressure, leaving traders wary of further declines [1].

Amid this uncertainty, attention has turned to Cold Wallet (CWT), a presale project that has raised $5.8 million with over 691 million tokens sold. The project’s token price has risen 34.5% from its first stage and currently sits at $0.00942, compared to a projected launch price of $0.3517. This suggests a potential return of over 3,633%, making Cold Wallet a focal point for traders seeking measurable upside in a market otherwise characterized by hesitation [1]. The project differentiates itself by offering a utility-driven model, where users earn cashback in CWT through gas fees, token swaps, and fiat conversions—offering a value proposition that aligns with growing demand for yield-generating crypto platforms [1].

The broader market context shows a clear shift in investor behavior. Whereas TRX and XRP remain subject to broader market forces and liquidity constraints, Cold Wallet’s presale represents a scenario where demand is not only visible but quantifiable. The rapid pace of token sales and the shrinking upside window suggest that traders are increasingly prioritizing projects with immediate, tangible returns over speculative price targets [1]. This trend highlights a growing preference for value-driven use cases and less reliance on macroeconomic or analyst-driven forecasts in a crypto landscape marked by heightened volatility [1].

[1] Source: [Market Sentiment Cools Around $0.48 TRX Price Forecast & XRP Dip; Traders Focused On Cold Wallet’s 3,633% Launch ROI Instead](https://coinmarketcap.com/community/articles/6895d3a5cb59d57bc2a17833/)