Cold Wallet Reports $270M Plus Wallet Acquisition and $5.4M Token Sale as Hedera Rallies and Chainlink Trades Near Key Levels

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Crypto markets can react quickly to new listings and shifting sentiment. Hedera’s move following a Robinhood listing and Chainlink’s recent momentum have drawn attention, while Cold Wallet is highlighting business and product updates.

Cold Wallet says it is running an ongoing token sale and has completed a $270 million acquisition of Plus Wallet, alongside the release of a live wallet product with user rewards.

The project’s claims and figures have not been independently verified by this outlet. Readers should treat token-sale information and any forward-looking statements as inherently uncertain.

Cold Wallet’s Reported Token Sale and Acquisition

Cold Wallet states that it acquired Plus Wallet for $270 million. The project also says the acquired platform has more than 2 million users and has operated for about seven months.

According to the project, it has raised $5.4 million so far in the ongoing token sale and is currently in Stage 16, with tokens priced at $0.00942. The project has also described launch pricing expectations; however, future prices and percentage changes are speculative and cannot be relied upon.

Cold Wallet says its wallet is already live and includes cashback rewards and referral bonuses paid in USDT. Project materials also mention planned features such as gas-free reward delivery and Layer 2 support.

In general, early-stage token projects may change quickly, and product availability, incentives, and token terms can be revised. Participants should review primary documentation and consider risks, including liquidity and regulatory uncertainty.

Hedera Jumps 12% Following Robinhood Listing

Hedera’s price moved higher after Robinhood added support for HBAR. HBAR rose 12% on the day referenced, trading close to $0.28.

The article cited weekly gains of 556% and trading volume above $500 million. Such data points can reflect increased trading activity, but they do not indicate long-term direction.

Technical indicators referenced include HBAR moving above its 50-day simple moving average and an RSI reading described as strong without being extreme. Technical indicators are descriptive tools and can change rapidly with market conditions.

Listings on retail platforms can increase access and visibility, which may contribute to short-term volatility.

Chainlink Holds Above $18.80 With Eyes on $22

Chainlink traded above $18.80 in the move discussed, with market participants watching the $22 level as a nearby area of interest. The article connected the activity to Chainlink’s involvement with Project Acacia and broader institutional experimentation.

The piece cited an RSI of 67 and noted that some analysts have discussed higher levels such as $28. These types of projections are speculative and may not reflect future outcomes.

Trading volume across exchanges can increase during periods of heightened attention, and it can also decline quickly. Utility developments and adoption narratives are difficult to quantify in real time.

This article is for informational purposes only and does not constitute financial or investment advice.

The Bottom Line

The moves discussed for Hedera and Chainlink show how listings, market activity, and technical levels can affect short-term pricing. Separately, Cold Wallet is presenting the acquisition of Plus Wallet and progress in an ongoing token sale as milestones for the project.

Cold Wallet says it has raised more than $5.4 million and sold more than 645 million tokens as of Stage 16 pricing, alongside its stated $270 million acquisition. These figures are project-reported and have not been independently verified.

This outlet is not affiliated with the project mentioned.

Project links (for reference):

Token sale page (project-provided): purchase.coldwallet.com

Website: coldwallet.com

X: x.com/coldwalletapp

Telegram: t.me/ColdWalletAppOfficial


Press releases or guest posts published by Crypto Economy have been submitted by companies or their representatives. Crypto Economy is not part of any of these agencies, projects or platforms. At Crypto Economy we do not give investment advice, if you are going to invest in any of the promoted projects you should do your own research.

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