Ethereum Eyes $3,000 as Pi Slides 10%; Cold Wallet Presale Draws Utility-Driven Interest
01.05.2025 20:22
Ethereum is showing renewed strength with technical indicators and rising institutional interest, targeting a near-term rally toward $3,000 while trading near $1,800. Analysts note that solid support around $2,500 could fuel further gains if trading volume holds, reinforcing its leadership in the smart contract space. In contrast, Pi Network experienced a 10% drop, closing around $35 despite recent ecosystem updates. This decline underlines persistent concerns over investor confidence, liquidity issues, and restricted token transfers during its extended mainnet phase. Meanwhile, Cold Wallet enters the spotlight as its presale token, priced at $0.00714 with a projected launch target of $0.351, offers a privacy-first solution employing zero-knowledge proofs. Its focus on eliminating tracking and data analytics positions it as a promising utility token designed for both retail and institutional users. The divergent stories among these cryptocurrencies underscore the ongoing market volatility, with Ethereum standing out for its bullish technical setup, Pi Network grappling with liquidity challenges, and Cold Wallet emerging as a potential long-term value play.
Ethereum's positive technical indicators and growing institutional participation suggest a short-term move toward $3,000. Support near $2,500 combined with sustained volume could provide upward momentum, although higher price levels may temper new entries initially.
The 10% decline in Pi Network's token price, despite ecosystem updates, reflects ongoing concerns regarding liquidity, restricted token transfers, and investor confidence, likely resulting in continued short-term pressure until these issues are addressed.
Cold Wallet's presale entry at $0.00714 and its focus on privacy and zero-knowledge proofs create an appealing early-stage value proposition. Its long-term price appreciation will depend on the successful rollout of its MVP and subsequent market adoption.
Sources
The Ultimate Guide to the Top 5 Fastest-Growing Cryptos in 2025
bitcoininfonews.com
02.05.2025 01:00
Ethereum Targets $3,000, Pi Drops 10% on News, Cold Wallet’s $0.00714 Launch Joins the Most Popular Cryptocurrency Conversation
theccpress.com
30.04.2025 21:00
Ethereum and Pi Network Fall Short, Cold Wallet Leads 2025’s Top Performing Crypto Candidates With 4,900% ROI
coincentral.com
30.04.2025 11:00
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