The crypto market is showing mixed signals. Pi Network (PI) is testing the $0.38 support zone amid hopes for a rebound, while Dogecoin (DOGE) struggles to break out of a narrowing wedge pattern at $0.232. Both coins face strong technical resistance and uncertain short-term momentum.
Amid this, a new contender is quietly making waves: Cold Wallet (CWT), a self-custody wallet and utility token that flips the script on how crypto rewards users. With $6.4 million already raised in its presale, now in Stage 17 at $0.00998, Cold Wallet is drawing attention as one of the highest trending cryptos heading into 2025.
Pi Network Price Update: $0.38 Support in Focus
Pi Network is currently trading near $0.3840, slightly down after losing grip of the $0.40 level earlier this week. On the weekly chart, PI shows signs of a bullish engulfing candle, sparking optimism for a rebound if buyers can reclaim momentum. Resistance sits at $0.40–$0.41, while support remains critical at $0.38. If this support fails, analysts warn Pi could test the $0.30 level, a major psychological zone.
In the short term, forecasts suggest a possible 25–30% surge if PI breaks above resistance, potentially targeting $0.50–$0.60 by late August. However, indicators like EMA and MACD remain cautious, signaling that Pi’s next move could still swing either way.
Adding to the uncertainty, Pi Network has introduced 3.5% of its supply on-chain, boosting liquidity but also raising the risk of near-term price volatility. Its mobile-first mining model and push toward developer adoption show promise, but the price outlook hinges on whether buyers can defend the $0.38 mark.
Dogecoin Future Outlook: Wedge Pattern Builds Pressure
Dogecoin is trading around $0.232, caught inside a descending wedge pattern that combines Fibonacci retracements, trendline resistance, and liquidity zones. The upper wedge resistance sits at $0.287, while DOGE has repeatedly failed to break through the 0.5 Fib retracement ($0.2382) and 0.618 retracement ($0.2499).
Support has held at $0.2266, but a breakdown below $0.22 could push DOGE back toward the $0.20 level, a psychological floor. On the flip side, a bullish breakout above $0.25 could unlock a run toward $0.29–$0.30, levels that remain heavy with liquidity and sell pressure. On-chain signals also lean cautious. Data shows DOGE experienced net outflows of –$8.21 million on August 16, signaling distribution rather than accumulation. Momentum indicators confirm that sellers hold the edge, though compression in Bollinger Bands suggests volatility is building.
Short-term traders are closely watching the $0.24–$0.25 zone for confirmation. A move above this range could bring bullish relief, but failure here risks pulling DOGE lower in the weeks ahead.
Cold Wallet: Turning Usage Into Rewards
While Pi and Dogecoin navigate resistance and uncertain flows, Cold Wallet (CWT) is gaining momentum as a project built for long-term adoption — not just short-term trading. Unlike traditional wallets, Cold Wallet rewards you every time you use crypto. Whether you’re paying gas, swapping tokens, or bridging assets on or off chain, Cold Wallet gives you cashback in CWT, creating a self-sustaining loop of usage and value.
Here’s how it works:
- Gas Cashback – Instead of gas fees draining your wallet, Cold Wallet pays you back in CWT. Depending on your tier, you can earn up to 100% cashback on gas.
- Swap Rewards – Every in-app trade comes with CWT rewards, scaling higher the more tokens you hold.
- On/Off-Ramp Cashback – Even fiat conversions pay you back, turning a necessary expense into another way to accumulate CWT.
Cold Wallet’s system is powered by a dedicated token reserve and a halving schedule, ensuring sustainability while keeping rewards attractive. It’s not just another wallet — it’s a utility-driven ecosystem where participation pays.
With $6.4 million raised, Stage 17 live, and the token priced at just $0.00998, Cold Wallet is already trending as a presale success story. As more investors seek real utility in the next bull cycle, CWT’s cashback-powered model could make it one of the best cryptos for 2025.
Closing Analysis
Pi Network is testing a critical $0.38 level that could decide whether it rebounds or slides toward $0.30. Dogecoin faces a make-or-break wedge pattern near $0.232, with pressure building for a breakout move.
Both projects remain on the radar, but neither offers the direct utility and growing traction that Cold Wallet does. By turning fees and transactions into rewards, Cold Wallet is carving out a unique niche that resonates with real-world crypto usage. With its $6.4M presale success, Stage 17 price at $0.00998, and rewards-driven model, Cold Wallet could easily emerge as the highest trending crypto of 2025, offering both utility and upside potential.
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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