Recent trends in the cryptocurrency market have drawn significant attention. Aave's sharp price surge and predictions for Shiba Inu are currently under discussion. In light of these events, the new project Cold Wallet offers an innovative rewards model.
Aave Price Surge
The price of Aave (AAVE) recently increased by 3.78%, surpassing $300 after a steep 23% drop. This was supported by a record total value locked (TVL) of $35 billion and an impressive 85% revenue growth in July. Technical indicators are positive: the MACD histogram turned positive, and the relative strength index (RSI) holds at 58. Resistance is near $319, where a breakout is possible if volume remains consistent.
Shiba Inu Price Prediction
The Shiba Inu price prediction highlights a potential turnaround as SHIB consolidates near its supply zone. Traders are noticing a classic 'liquidity grab' play, with a dip towards demand levels followed by sharp reversals. Bullish technicals point to potential breakout scenarios if SHIB recaptures range highs. However, meme coins like SHIB often defy traditional technical patterns, trading on community buzz as much as utility.
Cold Wallet's Innovative Model
Cold Wallet is changing the paradigm in the cryptocurrency market through its rewards-based model tied to active transactions. Users earn CWT tokens with every transaction, turning necessary costs like swaps and gas fees into income. Currently in Stage 17 of its presale, the project has sold over 698 million CWT tokens, raising $6 million. Cold Wallet's promise of rewards based on real activity distinguishes it from temporary speculative gains.
Discussions surrounding the prices of Aave and Shiba Inu illustrate the dynamics in the cryptocurrency market driven by various factors. Cold Wallet, in contrast, offers a new approach focused on the real economy of rewards, potentially revolutionizing perceptions of cryptocurrency value.
