The crypto market continues to show mixed signals. Mantle's forecast indicates growing investor activity, while PEPE tries to maintain its position.
Mantle Rises in Response to Stablecoin Market Growth
Mantle (MNT) is trading around $0.87 after a 20% increase, driven by significant capital inflows and rising network demand. The stablecoin market capitalization surged 23% in one day to $654 million, with 66% accounted for by USDT. Open interest in derivatives rose by 92% to $46 million, and trading volume reached $139 million.
PEPE Holds Key Support with Possible Upside
PEPE (PEPE) is currently trading near $0.00001004, maintaining critical support at $0.00001 despite recent declines. The TD Sequential indicator has issued a buy signal, indicating a potential easing of selling pressure. The Relative Strength Index (RSI) has recovered to around 42, suggesting room for short-term upside.
Cold Wallet's Success: Presale and Key Metrics
Cold Wallet's presale is advancing at a rapid pace for the crypto space, with over $5.9 million secured and Stage 17 prices set at $0.00998. Unlike other projects, Cold Wallet offers a working product with cashback rewards for transaction costs, including swaps and fiat on-ramps.
While Mantle's outlook appears strong and PEPE shows potential for short-term recovery, overall market sentiment remains a key factor. Cold Wallet, however, is already providing real utility and rewards to its community.
