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Interesting Trends in Cryptocurrency: Dogecoin and Arbitrum Highlight Cold Wallet

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by Giorgi Kostiuk

2 hours ago


The cryptocurrency world is witnessing significant changes, including rising interest in Dogecoin and Arbitrum, alongside the introduction of new solutions like Cold Wallet, which offer users additional benefits.

Arbitrum Surpasses Ethereum in Daily Usage

Arbitrum is showing growth with a 36% increase in user activity over the past week, surpassing Ethereum in daily use. The total value locked in the Arbitrum ecosystem reached $3.39 billion, indicating renewed investor confidence and deeper liquidity. This situation is attracting traders as Arbitrum provides similar DeFi functionalities like swaps and smart contracts at lower fees and higher speeds.

Dogecoin Builds Toward a $1.15 Target

Dogecoin is showing signs of a potential rally as whales have accumulated over 2 billion DOGE, reinforcing bullish sentiment in the market. Technical signals also support a positive trend, leading to increasing interest in the asset. Key resistance levels are at $0.26 and $0.28, with breaking them possibly opening a path toward the $1.15 target, supported by rising open interest and favorable funding rates.

Cold Wallet: Cashback Solution for Crypto Users

Cold Wallet offers a unique model where users receive cashback for every transaction, including swaps and transfers. This sets it apart from other popular wallets like MetaMask and Trust Wallet, which do not provide any rewards to their users. Cold Wallet is actively raising funds, having secured over $6.3 million in its presale stage, indicating strong interest in the product. The cashback model turns each user action into an opportunity to earn.

The cryptocurrency market continues to evolve with strong support for Dogecoin and Arbitrum, while Cold Wallet introduces innovations that provide real benefits to users. These trends highlight the growing dynamics in DeFi and the opportunities available to cryptocurrency users.

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