OKX Market Watch: Coldware’s $4M Presale Triumph Amid Pi Network’s Decline

Coldware’s innovative Web3 hardware presale has surged past $4 million, showcasing robust investor confidence in its unique approach. This success stands in stark contrast to Pi Network’s ongoing challenges, which saw a 3% price drop due to delayed mainnet progress and token unlock concerns. Currently trading at $0.75, Pi Network has plummeted 75% from its February peak. Meanwhile, Bittensor continues its steady growth, highlighting the dynamic shifts in the crypto market. As of June 2025, these developments underscore the importance of strategic investments in emerging technologies like those offered by Coldware, potentially making them attractive options for platforms such as OKX.

Coldware Presale Surges Past $4M Amid Pi Network’s Struggles and Bittensor’s Steady Growth

Coldware’s hardware-focused Web3 presale has eclipsed $4 million, signaling strong market interest in its novel approach. The project’s momentum contrasts sharply with Pi Network’s recent struggles, where a 3% price drop reflects growing investor unease over delayed mainnet progress and token unlocks.

Pi Network now trades NEAR $0.75, a staggering 75% decline from its February peak. April’s release of 21 million PI tokens exacerbated selling pressure, while limited exchange listings continue to constrain liquidity. Despite these challenges, the project retains a 70-million-strong community and a $100 million ecosystem fund for DApp development.

Bittensor demonstrates relative stability with TAO gaining 1.6%, buoyed by rapid subnet expansion. The divergence between these projects underscores the market’s selective appetite for differentiated blockchain solutions.

Pi Network Faces Investor Exodus as Coldware and Theta Network Emerge as Alternatives

Pi Network’s market credibility is eroding under the weight of investor concerns. Over 102 million tokens fled OKX in three days as the price languishes at $0.79—a 72% plunge from its peak. Blockchain investigators allege suspicious activity, including a 1.4 million token dump from a Foundation-controlled wallet.

Coldware ($COLD) and Theta Network ($THETA) are positioning themselves as beneficiaries of Pi’s turmoil. Both projects emphasize enterprise-grade utility—a stark contrast to Pi’s unfulfilled promises. Market dynamics suggest capital is migrating toward protocols with transparent operations and proven use cases.