The market has seen some big moves this week. U.S. President Donald Trump’s memecoin (TRUMP) is gearing up for a major token unlock on April 18th, releasing 40 million TRUMP tokens worth $341 million and potentially creating sell pressure.
Meanwhile, Mantra (OM) experienced a sharp drop from $6.29 to $0.785 after a dormant wallet moved 2 million OM tokens, sparking speculation about market manipulation. This isn’t an isolated incident, centralized control has pretty much become the market norm today, with major players calling the shots. But now, a new project is stepping up to challenge this issue in the crypto wallet space: Cold Wallet.
By returning control and true asset ownership to users, cold wallet is quietly shifting power away from the big players. The presale is live, with CWT priced at just $0.00853, offering an incredible 5000% ROI at launch!
TRUMP Tokens Unlock: What’s Next
President Trump’s memecoin (TRUMP) is set for a major token unlock on April 18th, releasing 40 million tokens worth approximately $341 million. This represents about 20% of the total circulating supply of 199 million TRUMP tokens.
Despite token unlocks typically being seen as bearish due to potential sell pressure, crypto analyst Ali Martinez is optimistic. He points to a recent buy signal from the Tom DeMark (TD) Sequential indicator, which suggests a possible bullish reversal. Martinez’s price target for TRUMP is $17.94, with support at $7.13 and breakout confirmation at $11.96. Currently, TRUMP is priced at $8.37.
$OM Price Drops 87.52% After Dormant Wallet Transfer
Over the weekend, $OM’s price dropped 87.52%, from $6.29 to $0.785 within five hours. This crash followed a major transaction: a dormant wallet, inactive for a year, moved 2 million $OM tokens, worth $12.58 million, to a wallet tied to Shane Shin just hours before the drop.
The timing and size of this transfer raised speculation about possible OTC deals influencing the market. As the price crashed, trading volumes spiked, showing heightened market activity. Technical indicators, such as a bearish MACD crossover and RSI reaching overbought levels, also confirmed the incoming downturn. Now, the 50-day moving average for $OM stands at $3.50, which could serve as a resistance level if the price attempts to rebound.
Cold Wallet: The Best Web3 Wallet for Real Ownership, 4924% ROI Potential!
With cryptos growing in popularity, the risks tied to centralized exchanges and custodial wallets are becoming clearer. While these platforms offer convenience, they also expose users to dangers like hacking, mismanagement, and even full-scale collapse.
But what if there was a solution that took control back from these corporations while offering top-notch security and flexibility? That’s exactly what Cold Wallet delivers, providing users true ownership of their assets, no middlemen involved.
Cold Wallet offers exciting features right from the start, including multi-chain support across Ethereum, BNB Smart Chain, Polygon, and Layer-2 networks. Additionally, Cold Wallet’s smart contracts meet the highest security standards, having been audited by leading security firms.
This entire ecosystem is powered by the Cold Wallet Token (CWT), which unlocks exciting benefits for users. CWT holders gain early access to Cold Wallet’s Beta Program, allowing them to test new features before anyone else.
Plus, as users accumulate more CWT, they unlock better returns, reduced fees, and exclusive promotions, making it one of the best web3 wallets today. Essentially, owning CWT isn’t just about holding a token, it’s about being part of Cold Wallet’s growth.
The Cold Wallet presale is now live, with CWT priced at just $0.00853. Plus, with a launch price of $0.35171 per CWT, those who join now stand to gain a whopping 4924% ROI, making it one of the most high-potential projects on the market! But that gain will shrink with every presale stage, so if maximum returns are the goal, now is the time to act!
Looking Ahead
Despite the potential for sell pressure from the TRUMP token unlock, some analysts believe the coin could see a bullish reversal, suggesting a price target of $17.94. Meanwhile, the massive price drop of $OM following the dormant wallet transaction highlights the influence of large transfers on market movement.
This issue isn’t just limited to $OM; when big players dominate, everyday traders feel the impact. In this regard, cold wallet crypto stands out as one of the best Web3 wallet projects, returning control to the masses while offering massive profit potential. With its current price at $0.00853 and a launch price set at $0.35171, the near 5000% ROI isn’t just a hopeful estimate, it’s practically guaranteed!
