Recent data shows impressive price growth for Ethereum and Litecoin, while the launch of Cold Wallet is generating interest among investors.
Ethereum Holds Firm at $4,700
The price of Ethereum (ETH) today remains at $4,700, reflecting a monthly growth of over 50%. This increase has been driven by institutional inflows and high ETF demand. Specifically, ETF inflows for Ethereum reached a record of $1 billion in a single day, indicating rising investor interest. Analysts predict that should the trend continue, prices could reach $5,000 and beyond.
Litecoin’s 110% Jump
Litecoin (LTC) is showing over 110% growth year-over-year, with an 11% increase in just the past 24 hours. Support for this rise is evident on the charts with an ascending channel formation. Withdrawals of nearly $2 million in LTC from exchanges signal growing confidence among investors as demand for the asset strengthens. If Litecoin clears the $154 resistance level, further upside potential may be on the horizon.
Cold Wallet Attracts Investor Attention
The Cold Wallet project has raised $6.2 million in its current presale round. To date, over 736 million tokens have been sold at an initial price of $0.00998. With over 2 million active users already on board, Cold Wallet presents favorable conditions for investors. The project offers unique features, including automatic cashback and fee refunds.
The cryptocurrency market illustrates high volatility and asset price growth for Ethereum and Litecoin, while Cold Wallet appears to be an interesting project to watch in the future.