Current trends in the cryptocurrency market show notable growth in Ethereum and Litecoin, alongside a successful start to Cold Wallet's presale.
Cold Wallet Attracts Investment
Cold Wallet's presale is gaining momentum, having raised over $6.2 million. Participation from both retail investors and larger private groups indicates growing interest. Current stage pricing is at $0.00998 per CWT, significantly below the planned launch price, creating scarcity and boosting interest in the project.
Litecoin Aiming for $170
Litecoin's breakout above $133 has positively impacted its outlook, potentially paving the way for further gains. Futures open interest has reached a record $1.27 billion, indicating strong capital inflows and investor confidence. The next key resistance level sits around $147.06, with a target of $170 becoming more realistic.
Ethereum Grows Thanks to Institutional Inflows
Ethereum continues its rise to $4,660 following Fidelity's investment of $145 million in ETH. This increase in institutional interest has reduced selling pressure, creating conditions for further growth. Technical indicators also suggest possible corrections, but the overall sentiment remains optimistic.
The cryptocurrency market is demonstrating dynamic growth with heightened interest in projects such as Cold Wallet, Litecoin, and Ethereum. The success of Cold Wallet's presale could signal high demand upon its exchange debut.
