This week brought heavy movement across the market. A major token unlock for Donald Trump’s memecoin, TRUMP, is expected on April 18, unlocking 40 million tokens valued at $341 million. This event could bring intense sell pressure.
Meanwhile, Mantra ($OM) experienced a staggering decline from $6.29 to $0.785, following a sudden shift of 2 million tokens from a long-inactive wallet. The transfer sparked theories about backdoor trading. In an environment where centralized dominance is common, this trend has raised deeper concerns about manipulation. That’s why a new contender in the wallet space, Cold Wallet, is quickly gaining traction.
By shifting power back to individual users and promoting true digital ownership, Cold Wallet is emerging as a strong alternative to traditional platforms. Now in its presale stage, Cold Wallet’s native asset CWT is priced at $0.0087, offering a possible return of 4,900% at launch.
TRUMP Tokens: Massive Unlock Could Trigger Market Moves
Donald Trump’s crypto asset, TRUMP, is approaching a major unlock on April 18, releasing 40 million tokens worth an estimated $341 million. This represents roughly 20% of the 199 million tokens currently in circulation.
Although such events usually carry bearish sentiment, crypto analyst Ali Martinez sees a different possibility. According to the Tom DeMark (TD) Sequential indicator, a potential bullish reversal could be forming. Martinez has outlined $17.94 as an upside target, with key support around $7.13 and a breakout signal at $11.96. TRUMP’s current price sits at $8.37.
$OM Sees Massive 87.52% Drop After Suspicious Wallet Movement
Over the weekend, $OM witnessed a sharp 87.52% price drop, falling from $6.29 to $0.785 in just five hours. This followed a major shift from a dormant wallet that hadn’t seen activity in over a year. The wallet transferred 2 million $OM tokens, valued at $12.58 million, to an address linked to Shane Shin, shortly before the plunge.
This sudden movement raised concerns about undisclosed OTC transactions and possible market manipulation. As prices crashed, volume surged, reflecting heightened trading activity. Technical signals also confirmed the drop, with a bearish MACD crossover and overbought RSI levels. Currently, the 50-day moving average stands at $3.50, which could act as a ceiling if $OM attempts to recover.
Cold Wallet: Best Web3 Wallet for Full Control, Projected 4,900% ROI
The rising use of crypto has made the risks of centralized platforms clearer than ever. While these platforms offer ease, they come with major threats, ranging from mismanagement and data breaches to total failure.
A better option now gaining traction is Cold Wallet. It hands full control of assets back to users and eliminates third-party risks. Designed to put ownership first, it allows users to manage their digital assets independently and securely.
Cold Wallet supports multiple blockchains, including Ethereum, BNB Smart Chain, Polygon, and Layer-2s. Its contracts have passed strict audits by leading security firms, ensuring user safety.
This system runs on the Cold Wallet Coin (CWT), which unlocks practical benefits like early access to Cold Wallet’s Beta Program, where users can test new features early. With more CWT, users also benefit from lower fees, bonus offers, and better rates, helping position Cold Wallet as one of the best web3 wallets today.
The crypto presale is currently active with CWT priced at $0.0087, and it’s set to launch at $0.3517. That’s a 4,900% return from current levels. But as each presale stage rolls forward, this potential narrows. Early backers are best placed to capture full value.
Summing Up!
While the upcoming TRUMP token unlock could lead to temporary selling, some analysts believe upward movement is still possible. Meanwhile, the extreme $OM drop shows how quickly markets react to large wallet actions.
These examples underline how centralized forces still control much of the market’s direction. That’s why Cold Wallet’s approach is drawing attention, it puts the user back in charge. With the current price at $0.0087 and listing expected at $0.3517, Cold Wallet’s nearly 4,900% ROI is not just hype, it reflects a fast-rising project with solid mechanics.
Explore Cold Wallet Now:
Presale: https://purchase.coldwallet.com/
Website: https://coldwallet.com/
X: https://x.com/ColdWalletToken
Telegram: https://t.me/ColdWalletTokenOfficial
