After two months of bearish trading, crypto is going up again. Hard.
Ethereum has climbed to just shy of $3,000, while Dogecoin shocked investors with a massive 40% rally this month. Shiba Inu isn’t far behind, with a renewed interest across major exchanges.
But here’s what’s interesting: On-chain data shows that several crypto whales have started buying into Coldware ($COLD)—a lesser-known Web3 project building both its own blockchain and hardware.
Today, we’ll take a closer look at what’s happening in the market, and try to figure out why whales are avoiding the usual big names and investing heavily into this up-and-coming presale.
Here’s why Coldware might be the best choice right now
Ethereum is riding macro momentum. DOGE and SHIB thrive on volatility and crowd energy.
But Coldware ($COLD) is gaining attention for a very different reason: it’s not trying to keep up with the noise.
While most crypto projects chase trending topics, Coldware quietly builds something more complete – actual devices, useful software, and its own blockchain that real people can use.
That includes a smartphone that acts as a lite node, a crypto-ready laptop, and tools that let users access DeFi without relying on exchanges or third parties.
These aren’t just ideas—they’re part of a product line already in development, tied directly into the utility of the $COLD token.
And that token does more than sit in a wallet. It powers staking, DeFi lending, and governance across the Coldware ecosystem.
Through Freeze.Mint, users can even create Layer-2 tokens or tokenize real-world assets like digital art or renewable energy projects—directly from their phone.
For some, that sounds boring. For others—especially whales—it sounds like staying power.
Ethereum jumps after inflation report boosts market mood
Ethereum (ETH) shot up 55% in a month, pushing past $2,500 after lower US inflation numbers raised hopes for a Fed rate cut.
This news lifted the entire crypto market, but ETH stood out from the pack.
Money now flows from Bitcoin to Ethereum, with the ETH to BTC ratio up 30% in just one week.
Arthur Hayes, the former CEO of BitMex said in a recent podcast that he believes ETH could hit $10,000 in the next few quarters.
The 200-day moving average still acts as a hurdle, but if ETH breaks above $2,850, we could see a bullish breakout pattern complete.
Options traders also bet on higher prices, which adds to the positive outlook for Ethereum through May.
Shiba Inu and Dogecoin show signs of strength, but key levels still matter
Meme coins are back in focus, with Dogecoin (DOGE) and Shiba Inu (SHIB) both holding important support zones and flashing signs of bullish momentum.
DOGE has held above its 200-day EMA at $0.21 for several days, now trading around $0.23.
If that support continues to hold, analysts see potential for a 20% move up to $0.27, which marks the 50% retracement from its 2023 low to its 2024 high.
The daily RSI sits at 61, suggesting bulls still have control—at least for now.
Meanwhile, SHIB has bounced off its 50-day EMA near $0.000013, holding above a key trendline that was previously acting as resistance.
It now trades near $0.000014, and could climb another 30% toward $0.000019 if support stays solid. Like DOGE, SHIB’s RSI also shows bullish momentum.
Still, both assets face risk if they break below their current support zones.
For DOGE, a close under $0.21 could send it to $0.18. For SHIB, a break below $0.000013 might lead to a retest of $0.000011.
In short: the momentum is there, but the next few days are crucial.
Final words
ETH, DOGE, and SHIB are all bouncing back nicely.
The charts look promising if prices stay above key support levels, though we’re not out of the woods yet.
The next week could determine whether this recovery has legs or fizzles out.
But here’s the interesting part – while everyday traders jump back into familiar names, bigger players seem to be quietly putting money elsewhere.
Their growing interest in Coldware suggests something’s changing in how people think about crypto investments.
Instead of just chasing the next price pump, some are actually looking at what’s being built.
Website: Coldware (COLD)
Telegram: https://t.me/coldwarenetwork
X: https://x.com/ColdwareNetwork
This article is authored by a third party, and CoinJournal does not endorse or take responsibility for its content, accuracy, quality, advertisements, products, or materials. Readers should independently research and exercise due diligence before making decisions related to the mentioned company.
