Dogecoin has faced renewed pressure, dropping 5% in just 24 hours and breaking below $0.201 as trading volume tripled. The sharp increase in sell activity has shifted sentiment, leaving the token vulnerable to further downside.
Cardano is showing a more optimistic setup, with the price retesting resistance at $0.76 after recent gains. However, analysts warn that failure to break higher could bring a pullback toward $0.685.
But Cold Wallet ($CWT) is taking a more decisive path. Its $270 million acquisition of Plus Wallet added two million active users, and with a $0.00998 presale price against a $0.3517 target, the 3,633% ROI potential is clear.
DOGE Bears Push Price Below $0.201 as Downside Risks Grow
Dogecoin slipped 5% in the past 24 hours, with a sharp increase in sell pressure pushing the price under a critical support level at $0.201. Heavy liquidations and institutional selling drove the drop to $0.1985, signaling that buyers are losing control of the market.
Trading volume surged to nearly 878 million, more than triple the daily average, amplifying the bearish momentum. If DOGE fails to quickly reclaim $0.201, stop-loss triggers could accelerate losses toward the next support level near $0.185, where buyers may attempt to mount a defense.
ADA Price Hovers Near Breakout Zone at $0.76
Cardano is trading close to $0.74 after climbing 8.8% from last week’s local low of $0.70. The $0.74 to $0.76 range has acted as a firm ceiling since ADA’s July high of $0.93, and price action is once again testing this crucial area.
Analysts suggest that repeated tests of this zone could set the stage for a breakout, especially now that ADA is trading above its 50-day moving average. A confirmed move past $0.76 may open the door to $0.80, while rejection could push the price back toward the $0.685 swing low.
Cold Wallet’s $270M Plus Wallet Takeover Sets Stage for Expansion
Cold Wallet has officially acquired Plus Wallet in a $270 million deal, instantly positioning itself as a stronger force in the self-custody market. This move brings over two million active users on board, all gained in just the past seven months, marking one of the fastest adoption rates seen in the sector.
The acquisition is more than a user grab. Cold Wallet is inheriting a proven interface, a tested infrastructure, and a user base that values efficiency and ease of use. These traits will now be amplified through Cold Wallet’s rewards-first approach, which turns ordinary blockchain activity into a consistent source of value for its users.
With cashback on gas fees, rebates on swaps, and incentives for on and off-ramp activity, the benefits are set to reach a significantly larger audience. All of these features are powered by the CWT token, strengthening its role as the centerpiece of the ecosystem.
For presale participants, the timing is critical. Over $5.9 million has been raised, 703 million tokens are sold, and the current price remains at $0.00998. With a confirmed launch price of $0.3517, this reflects a potential ROI above 3,633%, making each remaining presale token stage a more limited and valuable opportunity.
In Summary
The market shows a clear divide between coins fighting to maintain their position and one seizing the moment to grow. Dogecoin’s 5% fall below $0.201 followed a surge in volume to 878 million, leaving $0.185 as the next potential support level. Cardano is pressing against the $0.76 resistance after an 8.8% bounce, yet a decisive breakout has not been confirmed.
Cold Wallet is charting a different course. Its $270 million acquisition of Plus Wallet added more than two million active users and strengthened its utility-first model. With $5.9 million raised and a potential ROI above 3,633%, it stands out as a top crypto for 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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