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SHIB and ONDO: Tracing Trends in the Cryptocurrency Market

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by Giorgi Kostiuk

2 hours ago


Cryptocurrencies continue to be a focal point, with renewed interests in Shiba Inu (SHIB) and ONDO, alongside emerging reward models like Cold Wallet.

SHIB's Token Burn: Short-term Perspectives

Shiba Inu (SHIB) is gaining attention again, boosted by rising burn rates and active community engagement. However, it continues to face resistance at key price levels, especially after testing the $0.000018 mark. Discussions around burn events and the development of Shibarium continue to fuel optimism within the community. Yet, users interacting in the ecosystem receive no rewards for their participation, and all value is driven by external sentiment, making SHIB less attractive compared to newer utilities.

ONDO's Market Stability

ONDO maintains its price above $1 amidst growing interest in real-world asset (RWA) tokenization. While supported by institutional interest and strategic ties, users on the platform do not gain rewards through their activity. This creates a scenario where interest in ONDO lies in the potential profit from its market position, but without offering user income, it risks falling behind newer solutions.

Cold Wallet: A New Reward Model for Users

Cold Wallet presents a different model based on a cashback system, allowing users to reclaim fees for their actions. Each swap, bridge, or ramp action pays back in CWT tokens. This model is already active with a presale price of $0.00924. The platform promises 100% cashback on gas fees and 50% on swap fees, making Cold Wallet an attractive alternative for users looking to earn rather than merely participate.

SHIB and ONDO continue to advance but offer no real rewards to users. Cold Wallet revolutionizes this approach by directing cashback to user activity, thus providing real value.

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