This article examines three significant directions in the cryptocurrency world: Avalanche, Ethereum Classic, and the new product Cold Wallet. It assesses the influence of technical indicators and rewards for participants.
Avalanche Outlook: Impact of Token Unlocks
Avalanche is approaching its first token unlock in three months, releasing 1.67 million AVAX into the market, approximately $40 million. This supply addition may limit growth and reduce target levels. Technical indicators remain stable, which may impact price.
Ethereum Classic: Steady Growth Without Noise
Ethereum Classic has broken out of a downtrend, currently priced at $24.28. Near-term goals are set at $25.98, $28.05, and $30.49 depending on trading volume. Future forecasts suggest it could reach $53.40 by year-end.
Cold Wallet: Rewards Over Speculation
Cold Wallet offers real rewards for using its wallet. The referral program allows users to earn USDT on swaps. Since the presale began, Cold Wallet has raised $6.3 million, with over 740 million tokens sold, demonstrating user interest.
While Avalanche and Ethereum Classic rely on technical forecasts and trading volumes, Cold Wallet provides users with immediate rewards for participation, creating long-term value and appeal.