Mantle has been drawing attention after breaking a long-term bearish trendline, with analysts noting a sharp rise in network activity that supports the case for further growth. The Mantle (MNT) price potential is becoming a regular talking point among market watchers.
Shiba Inu is also in focus as its first DAO presidential election raises discussions about whale influence. Despite the governance milestone, Shiba Inu (SHIB) price action remains subdued, holding below recent highs.
In the wallet sector, Cold Wallet ($CWT) is taking a bold approach, launching with over two million users gained through a $270 million Plus Wallet acquisition. Its CWT token, priced at $0.00998 in presale, is integrated into daily wallet functions and rewards transactions with automatic cashback.
Mantle Breaks Key Trendline as Bullish Momentum Builds
Mantle (MNT) has moved above a long-term bearish trendline, signaling a shift toward a more bullish market structure. Currently trading near $0.88 after gaining 55% over the past month, the token is holding strong support at $0.69 to $0.70. Resistance levels now sit at $0.95 to $1.00, followed by $1.15 and $1.30.
On-chain metrics add weight to this move, with daily active addresses surging nearly 800% to around 145,000. Analysts highlight Mantle’s role in bridging decentralized finance with traditional systems and its exposure to real-world assets as factors sustaining interest in the Mantle (MNT) price potential.
Shiba Inu DAO Election Puts Spotlight on Governance Power
The first Shiba Inu DAO presidential election is underway, using a token-weighted voting model that gives larger holders more influence. While this governance shift is notable, Shiba Inu (SHIB) price action has remained muted, with the token trading near $0.00001225. It currently sits below the 50-period EMA and well under the mid-July peak of $0.00001550.
Market data shows limited volume reaction during the election announcement, suggesting cautious trader sentiment. For SHIB to turn bullish, analysts point to a sustained close above $0.00001250, which could attract stronger buying interest and shift momentum.
Cold Wallet Launches With Built-In Scale and Real Utility
Cold Wallet entered the market with an advantage few new crypto projects can match. Through a $270 million acquisition of Plus Wallet, it brought over two million active users directly into its ecosystem. This was a full integration, retaining user balances, settings, and preferences, ensuring a seamless transition from day one.
From launch, Cold Wallet had an engaged audience already familiar with the app’s clean interface and dependable performance. That kind of immediate scale typically takes years to develop and gives the project a foundation for sustained adoption. Its native token, CWT, is embedded in the wallet’s core functions, powering gas fee payments, token swaps, and fiat-to-crypto bridging while rewarding users automatically in CWT.
The cashback system is tiered, with larger holdings unlocking higher reward rates, all without staking requirements. This design keeps users active in the ecosystem, fueling token demand and creating a self-sustaining cycle where activity generates rewards, rewards encourage holding, and holding drives more activity.
With strong utility and growing demand, CWT is attracting early attention from market participants, including large holders. The presale is in Stage 17 of 150, with over $5.9 million raised and more than 706 million CWT sold. Priced at $0.00998 against a planned launch price of $0.3517, the token presents significant upside potential.
Quick Breakdown
Mantle’s recent breakout above key resistance levels keeps its price potential in focus, especially with network growth adding weight to the bullish case. Shiba Inu could see improved sentiment if governance changes spark stronger market engagement, although technical challenges still need to be overcome.
Cold Wallet sets itself apart with a launch backed by millions of active users and a token that directly rewards participation. At a presale price of $0.00998 compared to a planned $0.3517 launch, the potential upside approaches 50x. If adoption aligns with its scale, CWT could emerge as a leading performer far sooner than many expect.
Explore Cold Wallet Now:
Presale: https://purchase.coldwallet.com/
Website: https://coldwallet.com/
X: https://x.com/coldwalletapp
Telegram: https://t.me/ColdWalletAppOfficial