Dogecoin Dips, Cardano Gains Momentum as Cold Wallet Expands

The cryptocurrency market saw both bullish and bearish shifts this past 24 hours. Dogecoin (DOGE) experienced a sharp 5% drop, trading below the $0.201 support level after increased selling activity pushed volume to triple its daily average. In contrast, Cardano (ADA) has risen 8.8%, testing crucial resistance levels around $0.76. If it breaks this mark, ADA could extend gains, but a rejection may send prices back towards $0.685. Meanwhile, Cold Wallet (CWT) is seeing significant traction, acquiring Plus Wallet for $270 million and adding over two million active users to its network. This acquisition boosts its real-world presence and integrates the user-friendly interface of Plus Wallet into CWT’s rewards-based platform.