Ethereum's price edges closer to $5,000, with Pi also surging by 10%, as a cold wallet presale smashes $6 million in swift time.
In the ever-evolving world of cryptocurrency, a new player is making waves with its innovative approach to solving high transaction costs – Cold Wallet. This non-custodial multi-chain cryptocurrency wallet is designed to rebut gas fees and swap costs, transforming transaction expenses into profits for users.
Cold Wallet's unique selling point is its tiered cashback rewards system, offering between 10% and 100% rebates based on user engagement. The system also includes institutional-grade security features like time-locked transactions and multisig approval, creating a user-centric and incentivized ecosystem aimed at increasing token demand and real-world utility.
The project recently concluded a successful presale, raising over $6.45 million and selling more than 755 million tokens. This presale featured 150 pricing stages, with price escalation enabling projected returns up to 3,423%, significantly outperforming assets like Cardano (ADA) and Bonk (BONK). Moreover, 90% of tokens are locked for three months post-token generation event (TGE), enhancing token scarcity and demand.
A significant boost to Cold Wallet's reach came with the acquisition of Plus Wallet for $270 million, bringing approximately 2 million users into its ecosystem before launch. This acquisition immediately scales and enhances network effects, elevating Cold Wallet’s reach and adoption base.
The roadmap for Cold Wallet includes a Layer 2 solution aimed at enabling gas-free transactions and real-time tier tracking, directly addressing key scalability and cost barriers in crypto payments. The project also leverages an integrated rewards engine and DAO governance model to stimulate engagement and maintain decentralized control, appealing to both retail and institutional participants.
Other strategic factors underpinning Cold Wallet's growth outlook for 2025 include achieving half a million daily transactions and taking advantage of broader crypto regulatory developments such as potential U.S. Bitcoin ETF approvals, which could increase institutional interest.
Meanwhile, Pi Network, another cryptocurrency project, is also garnering attention as it transitions from its enclosed phase towards the Open Mainnet, reigniting market interest. If Pi Network secures a high-profile exchange listing, liquidity could surge, and price action may accelerate rapidly.
For those interested in Cold Wallet, links for exploration are provided: Presale (https://purchase.coldwallet.com/), Website (https://coldwallet.com/), Cold Wallet App (https://x.com/coldwalletapp), and Telegram (https://t.me/ColdWalletAppOfficial).
[1] Cold Wallet Whitepaper: https://coldwallet.com/whitepaper [2] Cold Wallet Roadmap: https://coldwallet.com/roadmap [3] Cold Wallet Acquisition of Plus Wallet: https://coldwallet.com/press-releases/coldwallet-acquires-plus-wallet [4] Cold Wallet Presale Details: https://coldwallet.com/presale [5] Cold Wallet Tokenomics: https://coldwallet.com/tokenomics
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