Dogecoin has taken a sharp turn lower, with a 5% drop in the past 24 hours pushing its price under $0.201. Trading volume surged to three times its daily average, amplifying sell pressure and leaving the market on alert for further declines.
Cardano is showing a more balanced picture. The token is retesting the $0.76 resistance level, a point that has capped multiple rallies. Analysts warn that failure to break higher could send it back toward $0.685 in the near term.
Moving with purpose is Cold Wallet ($CWT) Its $270 million acquisition of Plus Wallet has brought in two million active users and expanded its reach, while its presale price of $0.00998 and launch target of $0.3517 signal a potential ROI of 3,633%.
Dogecoin Faces Heavy Sell Pressure as Support Weakens
Dogecoin has dropped 5% in the past 24 hours, with a sharp rise in trading volume amplifying the decline. The price fell below a key support level at $0.201, touching $0.1985 as institutional selling and liquidations accelerated, shifting momentum firmly toward the bears.
Volume climbed to nearly 878 million, more than triple the daily average, underscoring the strength of the sell-off. The $0.198 support now appears fragile, and a further slide toward $0.185 is possible if buying interest does not return quickly. Without a swift recovery above $0.201, deeper losses could be triggered in the short term.
Cardano Approaches Key Resistance in Breakout Watch
Cardano is trading near $0.74 after rebounding 8.8% from a recent low of $0.70. Price action is once again testing the $0.74 to $0.76 resistance range, which has capped upside moves since the July peak of $0.93. This level remains a crucial pivot for ADA’s next significant move.
Analysts note that repeated tests of this resistance increase the odds of a breakout, especially now that ADA has reclaimed its 50-day moving average. A confirmed move above $0.76 could open the path toward $0.80, while failure to hold current levels might send the price back to the $0.685 swing low.
Cold Wallet’s $270M Plus Wallet Acquisition Sets New Standard for Self-Custody
Cold Wallet has completed a $270 million acquisition of Plus Wallet, instantly securing a stronger position in the self-custody market. This move brings in more than two million active users, all onboarded in the past seven months, creating a substantial foundation for rapid expansion.
The acquisition is not just about numbers. Cold Wallet is gaining a proven user interface, reliable infrastructure, and a community that values simplicity and ease of use. These strengths align perfectly with Cold Wallet’s rewards-first approach, which offers cashback on gas fees, rebates on swaps, and incentives for on and off-ramp transactions, all powered by the CWT token.
From a presale perspective, the timing is critical. With $5.9 million already raised, 703 million tokens sold, and a current price of $0.00998, the opportunity remains significant. The confirmed launch price of $0.3517 gives early participants the potential for gains exceeding 3,633%, making each stage more competitive.
As integration with Plus Wallet moves forward, CWT evolves from a presale token into a utility asset serving two connected ecosystems. With 16 stages already sold out, each new stage now delivers broader market reach, stronger use cases, and a narrowing window for early buyers to secure the lowest possible entry point.
Final Thoughts
The market currently shows a clear divide between projects struggling to maintain momentum and one making decisive moves. Dogecoin’s recent 5% drop below $0.201 followed a surge in trading volume to 878 million, putting $0.185 in sight as the next potential support. Cardano has climbed 8.8% from recent lows and is now pressing against $0.76 resistance.
Cold Wallet is charting its own path. Its $270 million acquisition of Plus Wallet has added over two million active users, expanding its reach beyond market trends. With $5.9 million raised in its crypto presale and a projected ROI above 3,633%, it continues to stand out as one of the most compelling cryptos to buy in 2025.
Explore Cold Wallet Now:
Presale: https://purchase.coldwallet.com/
Website: https://coldwallet.com/
X: https://x.com/coldwalletapp
Telegram: https://t.me/ColdWalletAppOfficial
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