This article examines recent cryptocurrency market activities, including Cold Wallet's significant acquisition, analysis of SUI and LINK outlooks, and unique features of the new product.
SUI Price Outlook
Current forecasts for SUI indicate growing optimism as the token stabilizes above the consolidation level. Technical indicators show bullish momentum building, particularly after clearing the descending structure. Price targets between $4.20 and $4.30 are closely watched. Support around the $3.60 level offers a reliable base. However, the risk of a pullback to $3.20 remains, but the prevailing structure supports the continuation of the upward move.
Analysis of Chainlink (LINK) Price Drop
The recent price drop of LINK has drawn attention as the token fell to $17.20, testing support around $17.14. Despite slipping below its 50-day and 100-day moving averages, analysts view this as an accumulation opportunity. Holding the $17.14 level is seen as critical; a drop below may open the door to significant declines.
The Unique Features of Cold Wallet
The $270 million acquisition of Plus Wallet marks a significant milestone for Cold Wallet, creating a model that combines user growth, utility, and expansion. The system rewards users for every interaction, allowing the ecosystem to grow through user actions. Features such as a referral program and cashback structure enhance user activity, making Cold Wallet a standout product in a competitive market.
Cold Wallet stands out from other market projects thanks to its internal growth and utility model. While SUI and LINK rely on market movements, Cold Wallet builds its ecosystem by rewarding users for active participation.
