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AVAX Down, PENGU Climbs, & Cold Wallet Hits $5.7M

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By Aggregated - see source on August 5, 2025 Altcoin
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With many anticipating a major crypto rally, market watchers are urgently seeking the top crypto to buy right now. Today’s developments might bring clarity to that search.

Avalanche (AVAX) recently fell to $25.34. Though the decline may seem bearish, data shows over 640K wallets accumulated AVAX within this price zone, suggesting strong support. Meanwhile, PENGU analysis highlights signals of a potential reversal, with the TD Sequential showing a red “9” candle and the RSI forming a bullish divergence, both suggesting trend shift possibilities.

In contrast, Cold Wallet has quickly become a standout. It’s not just another storage solution; it offers built-in user rewards. With over $5.7 million raised in a few weeks, Cold Wallet’s presale is gaining serious momentum. So the key question is, should focus stay on AVAX and PENGU’s technicals, or is Cold Wallet’s utility-driven upside the smarter move

AVAX Dips to $25.34, But Support Holds Firm

Following a 5% pullback, Avalanche (AVAX) is now trading around $25.34. Despite this, IntoTheBlock reveals that around 640K wallets purchased more than 20 million AVAX in the $24.90 to $25.10 range, reinforcing a reliable support base. If buying pressure increases, a push back toward $29.20 could unfold.

AVAX still remains within its upward-trending daily channel, which helps maintain a bullish perspective. The Awesome Oscillator has flipped green, suggesting positive momentum may be returning. Should AVAX protect this zone, upside targets include $29.81, $33.39, or even $38.50 if broader market conditions improve.

PENGU Chart Indicators Show a Potential Bounce

Pudgy Penguins might be nearing a reversal, according to fresh analysis of PENGU’s price action by Ali on X. The coin is close to the lower end of a falling channel, typically a zone of strong support. At the same time, a red “9” candle from the TD Sequential and a higher low on the RSI, despite a lower low in price, are both considered bullish signs.

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This setup hints that downward momentum is weakening. If sentiment shifts, PENGU could aim for a short-term rally toward $0.045, provided volume picks up in the coming sessions.

Cold Wallet: 3,707% Upside Potential at Just $0.00942

Crypto was meant to offer full control and eliminate unnecessary middlemen. Yet most wallets still come with hidden costs and remain tightly linked to centralized platforms. Users get charged fees just to manage their own funds, often losing value through swaps and gas costs.

Cold Wallet is turning that model upside down. It doesn’t just store crypto; it rewards users for each transaction made through the wallet. From gas fees to fiat ramps and token swaps, users earn back in the form of CWT, the platform’s core reward asset. The more CWT is held, the more a user benefits.

Currently in Stage 16 of its presale, Cold Wallet is priced at $0.00942, with over $5.7 million already raised. The listing price is set at $0.3517, giving current participants the possibility of securing a 3,707% return if projections hold.

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The crypto presale plans to span 150 stages, but with this pace of demand, early closure is on the table. With over 683 million coins sold so far, the supply window may not stay open long. Those analyzing the top crypto to buy right now might find Cold Wallet’s blend of utility and explosive upside hard to ignore.

Which Crypto Offers the Best Buy Right Now?

Though Avalanche (AVAX) has fallen in price, strong accumulation below $25 suggests a potential rebound if broader momentum returns. PENGU also shows early recovery signs, with favorable indicators like RSI divergence and a red “9” candle signaling a possible trend shift.

But for those aiming beyond temporary rebounds, Cold Wallet appears to be the standout pick. With over $5.7 million raised during Stage 16 and a presale price of $0.00942, early participants could benefit from a 3,707% return when CWT hits its $0.3517 listing.

In crypto, timing plays a huge role. Those who enter early often see the highest gains. With Cold Wallet showing this level of traction, hesitation could mean missing out on what might become one of the year’s most rewarding plays.

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Explore Cold Wallet Now:

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

Website: https://coldwallet.com/

X: https://x.com/coldwalletapp

Telegram: https://t.me/ColdWalletAppOfficia

This article is not intended as financial advice. Educational purposes only.

Simeon

Simeon is a detail-driven editor who sharpens every piece with clarity and precision, ensuring clean, consistent, and professional content throughout.

Credit: Source link

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