Chainlink (LINK) has surged above $22, marking a 14% weekend gain and 45% monthly increase, with its market cap exceeding $15 billion. This rally is fueled by whales accumulating $97 million worth of LINK in August, coupled with exchange reserves dropping by 33 million coins. The newly launched Chainlink Reserve is repurchasing tokens using protocol income, reducing circulating supply. Technical indicators show a bullish 'Golden Cross' and double-bottom breakout, with analysts targeting $24 resistance. A sustained breakout could propel LINK toward $95.
Pi Coin (PI) gained 13% weekly but faces imminent pressure from the unlocking of 170 million tokens this month. Though PI briefly touched $0.46, it retreated to $0.40 as investors weigh upside potential against unlock-driven sell pressure. Historical patterns suggest such unlocks often trigger short-term corrections despite momentum.
Cold Wallet (CWT) is nearing the close of its Stage 17 presale at $0.00998, having raised $5.95 million with over 710 million tokens sold. Its confirmed launch price of $0.3517 offers a 3,632% ROI – down from Stage 1's 4,900% due to ROI compression. The project combines self-custody security with cashback rewards for transactions and acquired $270M Plus Wallet, aiming for zero-gas solutions via Layer 2 scaling.