The crypto market has seen significant changes with rising prices for tokens such as Ethena and PENGU. Meanwhile, Cold Wallet attracts attention with its successful launch.
Ethena: Significant Price Surge
The Ethena (ENA) token has surged 150% in the past month, including a 40% jump this week. The total value locked (TVL) in the protocol has crossed $10 billion, largely attributed to the growth of the stablecoin USDe, now ranking third by market capitalization.
Analysts point to bullish technical signals, including the 'golden cross', indicating potential further upside.
PENGU: Potential Breakout
The Pudgy Penguins (PENGU) token has also shown growth, rising to $0.0376 with a 17.5% increase in trading volume. Analysts suggest the potential for a 100% breakout based on current technical signals, underscored by institutional interest.
Cold Wallet: Readiness for Launch
Cold Wallet showcases high potential with 706 million tokens already sold and over 2 million activated users. The cashback model targeted by the project aims to increase user engagement. This structure ensures sustainable growth prior to launch, allowing the project to have a solid user base.
The crypto market displays high activity, and tokens Ethena and PENGU represent interesting opportunities for investors. Cold Wallet, with its solid user base and thoughtful model, continues to attract attention in the community.
