Despite achieving a successful $5.9 million presale, there's speculation about Cold Wallet's ability to surpass Cardano's recent $1 surge and PENGU's impressive breakout.
The presale for Cold Wallet, a unique self-custody digital wallet offering rewards-driven usage, has raised an impressive $5.9 million so far, indicating strong investor interest. One of the key factors driving this interest is the recent listing of Cold Wallet on CoinMarketCap (CMC) during the presale stage.
The CMC listing has significantly expanded Cold Wallet's visibility, granting global exposure to millions of investors and traders daily. This early brand recognition, before exchange trading begins, is a rare advantage that Cold Wallet is leveraging to its full potential.
In addition to the increased visibility, Cold Wallet's listing on CMC combines the credibility and transparency of a major platform with the advantage of stable and discounted presale token pricing. Most tokens list only after presales conclude, but Cold Wallet is offering investors a unique opportunity to buy low at presale prices of $0.00998, ahead of a confirmed launch price of $0.3517. This potential for returns, around 35x, is attracting a growing number of investors.
Moreover, Cold Wallet's working product with real use cases and active user rewards (cashback in CWT tokens for wallet activity) enhances its value beyond pure speculation. This combination of early exchange visibility, price advantage, and actual utility differentiates Cold Wallet in a crowded market and offers investors a uniquely low-risk, high-reward entry during the presale phase.
The presale's success is further reinforced by the strong community and investor engagement. Over $6 million has been raised in presale funding, and hundreds of millions of tokens have been sold. This early engagement is a positive sign for Cold Wallet's future growth.
Meanwhile, the digital currency Cardano is also seeing momentum. A surge in whale activity has resulted in large wallets acquiring approximately 200 million ADA tokens worth around $166 million in just two days. This strategic large-scale accumulation, coupled with favourable technical positioning, adds weight to the bullish outlook for Cardano.
The price of Cardano is currently positioned just below the $0.83 resistance, and analysts suggest that breaking this resistance could propel Cardano towards the $1 price target. On-chain data indicates spot exchange inflows of around $11 million in Cardano, suggesting healthy liquidity. The surge in whale activity has also strengthened support near the $0.81 level in Cardano.
In the altcoin market, PENGU is testing the $0.040-$0.041 resistance area, with a 5.2% daily increase showing steady buying interest. Social metrics for PENGU indicate strong community attention, with mindshare exceeding 200 billion views. A confirmed breakout above $0.041 for PENGU could lead to near-term targets between $0.046 and $0.050.
In conclusion, the presale of Cold Wallet tokens continues to offer an opportunity for low-cost entry due to its current price under one cent. The unique advantage of Cold Wallet, due to its recent CoinMarketCap listing during the presale, provides early visibility and credibility on a major platform while still offering private presale pricing with significant upside potential.
[1] Cold Wallet Official Website: https://coldwallet.io/ [2] Cold Wallet on CoinMarketCap: https://coinmarketcap.com/currencies/cold-wallet/ [3] Cold Wallet Presale Page: https://presale.coldwallet.io/ [4] Cold Wallet Whitepaper: https://coldwallet.io/whitepaper.pdf [5] CoinMarketCap Listing Announcement: https://blog.coinmarketcap.com/cold-wallet-cold-wallet-listed-on-coinmarketcap/
- Cold Wallet's recent listing on CoinMarketCap during the presale phase has not only increased its visibility, granting global exposure to millions of investors and traders daily, but it has also combined the credibility and transparency of a major platform with the advantage of stable and discounted presale token pricing.
- The unique opportunity that Cold Wallet is offering investors during the presale phase is a low-cost entry due to its current price under one cent, with a potential for returns around 35x due to its presale pricing compared to the confirmed launch price.