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Cold Wallet and Plus Wallet: Strategic Deal and User Growth

Cold Wallet and Plus Wallet: Strategic Deal and User Growth

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by Giorgi Kostiuk

2 hours ago


Cold Wallet has secured a strategic $270 million deal with Plus Wallet, significantly increasing its user base and providing new opportunities.

Cold Wallet and Plus Wallet: Deal Details

Cold Wallet acquired Plus Wallet for $270 million, marking a significant step in the realm of self-custody wallets. With Plus Wallet adding over 2 million users in seven months, Cold Wallet aims to simplify cryptocurrency use for a broader audience.

AVAX Shows Signs of Recovery

Avalanche (AVAX) is showing a classic recovery pattern, holding steady near the 38.2% Fibonacci level after dropping from $26.53 to $22.53. Data indicates a return of cautious buyers, which might spark a price increase.

Pi Coin Outlook: Base Formation

Pi Coin appears to be establishing a base around $0.40, aided by a slower rate of token unlocks. Analysts see this as a potential recovery signal, boosted by improved accessibility and support from Binance.

The acquisition of Plus Wallet provides Cold Wallet with new opportunities for growth and enhancement of user experience in the cryptocurrency sector, while other currencies like AVAX and Pi Coin show signs of recovery.

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