Cold Wallet Onboards 2M New Users Overnight After $270M Plus Wallet Acquisition; DOGE Price Drops 5%, ADA Up 8.8%

11-Aug-2025 CoinCentral

The recent Dogecoin (DOGE) price drop saw the token slide 5% in 24 hours, breaking below $0.201 as trading volume tripled and sell pressure mounted. The latest Cardano (ADA) price update offers a more hopeful tone, with ADA retesting resistance at $0.76, but analysts caution that failure here could send it back toward $0.685.

While both assets sit in wait-and-see territory, Cold Wallet (CWT) has moved with clarity. A $270 million acquisition of Plus Wallet has added two million active users and expanded its utility footprint significantly. Combined with a $0.00998 presale price and a $0.3517 launch target, the project offers a clear ROI potential of 3,633% at launch.

Dogecoin (DOGE) Price Drop: Bears Take Control as Support Wobbles

Dogecoin fell 5% in 24 hours recently. This Dogecoin price drop was driven by a spike in trading volume and heavy sell pressure. The price broke below key support at $0.201, sliding to $0.1985, as institutional selling and liquidations accelerated.

Volume surged to nearly 878 million, over 3x the daily average, highlighting intense downside pressure. The Dogecoin price drop now places the $0.198 support level at risk, with $0.185 emerging as the next potential target if buyers continue to stay on the sidelines. Unless DOGE reclaims $0.201 quickly, the market may see more stop-loss triggers and deeper declines in the near term.

Cardano (ADA) Price Update: Retest of $0.76 Could Set Up Larger Breakout

Cardano (ADA) is trading around $0.74 after bouncing 8.8% from last week’s local low at $0.70. The latest Cardano price update shows ADA retesting the $0.74–$0.76 resistance zone, a level that has acted as a ceiling since its July high of $0.93.

Analysts believe multiple retests of this range increase the chance of a breakout, especially now that ADA has reclaimed its 50-day moving average. According to this Cardano price update, a confirmed push above $0.76 could open the path toward $0.80. Failure to hold could send ADA back to test the $0.685 swing low.

Cold Wallet Acquires Plus Wallet in a $270M Deal

Cold Wallet has acquired Plus Wallet in a $270 million deal, instantly expanding its footprint in the self-custody space. The acquisition adds more than two million active users, all gained within the last seven months.

The deal is already being seen as a turning point. Cold Wallet isn’t just acquiring users; it’s absorbing a proven interface, tested infrastructure, and a user base that values simplicity. These are exactly the traits Cold Wallet plans to enhance with its rewards-first model. Cashback on gas, rebates on swaps, and incentives for on- and off-ramp activity will now roll out across a significantly wider user base, powered entirely by the CWT token.

For those watching the presale, the timing matters. Over $5.9 million has already been raised, with 703 million tokens sold and the current price at $0.00998. The estimated launch price is still $0.3517, meaning the potential ROI sits above 3,633% for those entering at this stage.

As this integration unfolds, CWT becomes more than a presale token. It becomes a core utility asset across two merged ecosystems. And with 16 presale stages already sold out, every stage now represents a broader reach, stronger utility, and fewer chances to buy in early.

Which Is the Top Crypto to Buy in 2025?

The market is split between coins trying to hold ground and one making bold moves while it still counts. The latest Dogecoin price drop, a 5% slide below $0.201, came on the back of a volume spike to 878 million, with $0.185 now looming as the next downside target. Cardano (ADA), meanwhile, is testing resistance at $0.76 after an 8.8% rebound, but momentum remains unconfirmed.

Cold Wallet is moving differently. With a $270M acquisition of Plus Wallet and over two million active users added, it’s not reacting to the market; it’s expanding through it. Backed by a presale that’s raised $5.9M and still offers a 3,633%+ ROI, Cold Wallet remains one of the top 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

The post Cold Wallet Onboards 2M New Users Overnight After $270M Plus Wallet Acquisition; DOGE Price Drops 5%, ADA Up 8.8% appeared first on CoinCentral.

Also read: Lubin Says Ethereum Could Flip BTC as Price Jumps and Giants Fall
About Author Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc fermentum lectus eget interdum varius. Curabitur ut nibh vel velit cursus molestie. Cras sed sagittis erat. Nullam id ante hendrerit, lobortis justo ac, fermentum neque. Mauris egestas maximus tortor. Nunc non neque a quam sollicitudin facilisis. Maecenas posuere turpis arcu, vel tempor ipsum tincidunt ut.
WHAT'S YOUR OPINION?
Related News