Crypto Market Update: LINK, AVAX, & Cold Wallet
The Layer 1 blockchain landscape is dynamic, with notable price movements and new projects emerging. While Avalanche (AVAX) encounters resistance, Chainlink (LINK) displays bullish trends, and Cold Wallet ($CWT) makes a strong presale showing.
Avalanche (AVAX) Faces Resistance
Avalanche saw a 15% price surge, briefly exceeding $20 after a period of stagnation. However, resistance between $25 and $32 is evident, with over 1.3 million addresses holding AVAX at a loss. Technical indicators, including a red Awesome Oscillator, suggest a potential slowdown. AVAX currently trades around $22, highlighting the challenge of overcoming this resistance.
Chainlink (LINK) Bullish Trend
Chainlink triggered a SuperTrend buy signal at $14.99, indicating a bullish trend. An inverse head and shoulders pattern and an RSI above key support levels further bolster this positive outlook. Analysts predict $16 as the next short-term resistance, with potential for a rise to $70 by mid-2025. However, broader market conditions will play a significant role.
Cold Wallet: Privacy and Utility
Cold Wallet ($CWT) prioritizes security and user-friendly functionality. Its hybrid architecture offers the security of cold storage with the convenience of online access. Key features include:
- Seamless cross-blockchain transactions
- Privacy-first design; no private key or personal data storage
- On-chain transaction recording for enhanced transparency
- Market insights and advanced analytics
With a presale price of $0.0087 (Stage 12) and a 4900% ROI, Cold Wallet's innovative approach is attracting significant attention.
Market Overview and Codeum's Role
While AVAX and LINK experience typical market fluctuations, Cold Wallet's focus on real utility differentiates it. This highlights the importance of robust blockchain security and development, areas where Codeum excels. Codeum offers services such as smart contract audits, KYC verification, custom smart contract and DApp development, tokenomics and security consultation, and partnerships with launchpads and crypto agencies to ensure the security and success of projects like Cold Wallet.
Disclaimer: This is sponsored content and should not be considered financial advice. Codeum is not responsible for any losses incurred.
Learn More about Cold Wallet:
Presale: https://purchase.coldwallet.com/
Website: https://coldwallet.com/
X: https://x.com/ColdWalletToken
Telegram: https://t.me/ColdWalletTokenOfficial