Cold Wallet Gains 2M Users, Mantle Jumps 55%, Shiba Inu Steady

Plus Wallet Acquisition Adds 2M Users to Cold Wallet Launch, Mantle Rises 55%, & SHIB Eyes Breakout

Mantle has been drawing market attention, with analysts discussing the Mantle (MNT) price potential after the token moved above a long-standing bearish trendline and saw a sharp increase in network activity. Meanwhile, Shiba Inu’s first DAO presidential vote is underway, sparking debate over whale influence, while Shiba Inu (SHIB) price action remains restrained.

In the wallet sector, Cold Wallet (CWT) has made a major entrance, starting with more than 2 million users on day one, thanks to a $270 million acquisition of Plus Wallet. CWT, currently available in its presale at $0.00998, is integrated directly into wallet operations, providing automatic cashback for transactions.

Prices are still well below the targeted $0.3517 launch rate, and early buyers are watching for potential gains close to 50x.

Shiba Inu DAO Vote Reveals Concentrated Holder Influence

Those tracking Mantle (MNT) price potential point out that it has recently broken past a prolonged bearish trendline, marking a shift toward a bullish structure. Now trading near $0.88 after gaining 55% over the past month, Mantle has solid support between $0.69 and $0.70. Resistance levels are set at $0.95–$1.00, followed by $1.15 and $1.30. On-chain statistics reveal daily active addresses have surged nearly 800% to roughly 145,000, a sign of authentic network usage.

Analysts highlight Mantle’s positioning in connecting decentralised finance to traditional systems, along with its involvement in real-world asset exposure, as central drivers of continued market interest. This strengthens the case for the Mantle (MNT) price potential to remain in focus.

Mantle Breaks Key Trendline as Market Strength Grows

The initial Shiba Inu DAO presidential election is in progress, using a token-weighted voting approach that gives more influence to larger holders. While this is a notable governance shift, analysts note that Shiba Inu (SHIB) price action has stayed flat. Currently at around $0.00001225, SHIB remains just below its 50-period EMA and significantly under its mid-July peak of $0.00001550.

Volume spikes following the election announcement have been limited, indicating subdued trader involvement. For a more bullish Shiba Inu (SHIB) price action outlook, analysts say a sustained close above $0.00001250 would be needed to confirm stronger buying momentum.

Cold Wallet Launches With 2M Users From Plus Wallet Deal

Cold Wallet entered the market with considerable built-in scale. The $270 million Plus Wallet acquisition instantly added over 2 million active accounts to its ecosystem. This integration preserved user balances, settings, and preferences without disruption. From launch, the platform had an established audience familiar with its reliable interface and usability, an uncommon advantage for a new crypto project.

CWT, Cold Wallet’s native token, is embedded in the wallet’s everyday use. Gas payments, token swaps, and fiat conversions all automatically generate CWT rewards. The cashback system operates on tiers, where higher holdings unlock greater percentages, all without requiring staking. This design incentivises wallet use, which drives demand for CWT.

In practice, activity earns rewards, rewards promote holding, and holding increases ongoing engagement, creating a self-reinforcing cycle that benefits both users and the ecosystem.

With its real-world functionality and ready-made user base, CWT shows strong growth potential. Presale buyers have already secured over 706 million CWT, raising more than $5.9 million in Stage 17 of 150. Stage 1 participants are aiming for returns around 4,900% (50x), with the current price of $0.00998 still far below the $0.3517 launch target.

If adoption stays on track, Cold Wallet’s combination of immediate scale and everyday utility could see it join the ranks of top crypto performers.

The Bottom Line

The Mantle (MNT) price potential stays in play after clearing important resistance zones, with rising network activity backing its bullish case. Shiba Inu (SHIB) price action could improve if governance changes encourage market engagement, though key technical levels must be surpassed first.

Cold Wallet stands out for launching with millions of active users already in place and a token tied to direct, ongoing rewards. At its $0.00998 presale price against the projected $0.3517 launch value, the possibility of 50x gains is difficult to overlook. Should adoption match its starting scale, CWT may find itself competing with top crypto performers sooner than many expect.

Explore Cold Wallet Now:

Presale: https://purchase.coldwallet.com/

Website: https://coldwallet.com/

X: https://x.com/coldwalletapp

Telegram: https://t.me/ColdWalletAppOfficial