SHIB Bleeds Despite Burn, XRP Holds Support, Cold Wallet Presale Skyrockets to $5.7M!
This week’s market action leans bearish, with major tokens facing setbacks. Shiba Inu (SHIB) slid by 9%, even after a massive 600 million burn, a move that did little to boost sentiment. XRP, on the other hand, is holding its ground, but its next move remains unclear. If it clears $3.18, bulls might gain control, though a slide back to $2.80 isn’t off the table.
Amid this shaky momentum, Cold Wallet is quietly picking up steam. Unlike typical wallets, it rewards users for regular activity, turning routine tasks like swaps or bridges into cashback opportunities. This unique approach is starting to pull in serious whale attention, positioning Cold Wallet as one to watch.
It’s already pulled in over $5.7 million by Stage 16 of its presale, a strong hint that momentum’s building fast. And if this kind of demand keeps up, Cold Wallet might just end up being the biggest breakout story of 2025.
SHIB Drops 9% in a Tough Week
Shiba Inu (SHIB) has dropped 9% this week, hitting $0.00001276, its lowest price since July 10. This drop came even after 600 million SHIB were burned, pushing the burn rate up by a staggering 16,710%. Despite that, no strong recovery followed. SHIB is now stuck between $0.000013184 resistance and $0.000012663 support, with no clear direction.
There are a few hopeful signs. Trading volume jumped to 43.5 billion tokens during a brief rally, and a small 0.25% price increase occurred in the last hour. Still, the Shiba Inu price trend remains weak, and without stronger buying, some may turn to other memecoins. With SHIB losing ground, attention could shift toward newer projects showing better momentum.
XRP Eyes Breakout Above $3.18
XRP has been trading in a tight band between $3.04 and $3.17, ending July 31 with a market cap of $185.2 billion and $5.3 billion in daily volume. It tried breaking through the $3.179 mark but was rejected, forming a small red candle, a sign of possible consolidation or hesitation.
A bounce back to $3.13 hints at easing selling pressure, but the XRP price outlook is still unclear. A breakout above $3.18, backed by volume, could confirm a bullish flag pattern. That would open the door to targets of $3.40 or $3.66. However, if XRP fails to push past $3.20 soon, the price could slip back toward $3.00 or even $2.80.
Whale Accumulation Pushes Cold Wallet Presale to $5.7M!
Crypto may still offer strong returns, but using it has become frustrating. Fees seem to pile up at every turn, whether it’s bridging, swapping, or converting to fiat. Cold Wallet is flipping the script with a model that rewards users instead of draining them.
This self-custody wallet pays users cashback in CWT every time they make a swap, bridge, or ramp, giving rewards for everyday activity. It’s not just a place to store crypto; it’s a system that gives back. Right now, Cold Wallet is in Stage 16, priced at $0.00924, and has already raised over $5.6 million in a few weeks.
With a confirmed launch price of $0.3517, those buying at today’s price could be looking at a 3,633% return, with an overall ROI of 4,900% since the first stage. That momentum is no fluke; whales are already entering early. The team’s recent $270 million acquisition of Plus Wallet adds 2 million users to the platform, showing clear ambition and real infrastructure.
With 150 crypto presale stages mapped out, the window for these low prices is closing fast. Every stage that sells out pushes the price higher. At this rate, Cold Wallet could become one of 2025’s biggest success stories. It offers real usage, strong growth, and rewards that scale with adoption; no wonder it’s topping the trending crypto charts.
Final Thoughts
SHIB’s continued decline, even after a major 600 million burn, signals weakness, with no momentum to lift prices. Until SHIB breaks above key resistance, sideways movement or further dips remain possible.
XRP’s situation looks a bit stronger, but it still faces a crucial test. The $3.18 level is the big hurdle. If it fails to clear that, the price risks falling back toward $3.00 or lower, limiting the short-term upside.
That’s where Cold Wallet enters the picture. At just $0.00924 in Stage 16, it’s priced far below most trending projects. Yet, with a confirmed listing price of $0.3517, it could deliver a potential 3,633% gain for early buyers. Add in the $5.6 million raised, whale activity, and Plus Wallet’s 2 million-user migration, and Cold Wallet’s momentum becomes hard to ignore.
Explore Cold Wallet Now:
Presale: https://purchase.coldwallet.com/
Website: https://coldwallet.com/
X: https://x.com/coldwalletapp
Telegram: https://t.me/ColdWalletAppOfficial
Disclaimer: This article is a sponsored publication and reflects the views of the advertiser, not the editorial team of marketbit.io. Readers are advised to conduct their own research before making any financial decisions.
