The cryptocurrency market continues to experience significant price and trading volume fluctuations. Bittensor, ONDO, and Cold Wallet are garnering attention for their dynamics and features.
Bittensor (TAO) Stays Steady at $412
Bittensor (TAO) continues to hover around $412, with trading volumes down 17% over the past day to approximately $195 million. This stagnation follows a failed attempt to surpass resistance at $435. Analysts point to a key support range between $377 and $393, where TAO has recently bounced.
ONDO Soars by 47% Due to Increased User Activity
ONDO has recently surged by 47% following a sharp increase in wallet usage, as weekly active wallets reached 1,804 on July 23, significantly above previous averages. This growth comes after the ETF filing by 21Shares, which plans to launch a spot ONDO ETF linked to real-world assets.
Cold Wallet: Automatic Rewards for Users
Cold Wallet simplifies earning from cryptocurrency without the need for staking or lockups. Users earn automatic cashback on gas fees, swaps, and bridging actions. The more $CWT you hold, the more rewards you accumulate. Offering up to 10% cashback on fees, Cold Wallet provides users with tangible benefits.
In conclusion, TAO needs a clear breakout above $435 to resume upward movement, while ONDO capitalizes on growing activity and market interest. Cold Wallet is already providing significant benefits, making it an attractive option for users.