Pepe (PEPE) proved many of its critics wrong owing to its stellar performance in Q4 of 2024. The frog-themed token overshadowed top crypto coins, posting significant gains no one anticipated. While the meme coin remains a popular option with a weekly rally of 2%, a newly launched Solana-based meme coin known as ChowWow (CHOW) is also gaining lots of traction.
Powered by the SOL blockchain, ChowWow is the new play-to-earn crypto project that allows players to buy and trade in-game assets with actual value. ChowWow’s popularity has risen owing to its unique GameFi capabilities. These unique capabilities could enable the token to replicate Pepe’s price movement in 2025.
Pepe’s Price Flashes Reversal Signal
Pepe has been showing signs of bullishness within the crypto market. This bullish sign is reflected through Pepe’s projected breakout of the 800 EMA, a sign of a bullish reversal. Pepe’s price has been moving toward a critical technical level that might redefine its short-term movement.
Since January 19, Pepe has consistently traded below the 800 EMA, a trend that has kept the price of Pepe subdued despite several attempts to break higher. However, things are about to change as the moving averages converge more than the previous attempts. Pepe’s price setup indicates a stronger alignment between shorter and long-term EMAs, which suggests weakening resistance while increasing the probability of a bullish breakout.
However, Pepe’s attempt to break above the 800 EMA is mostly convincing on the 15-minute candlestick timeframe. According to Ali Martinez, a stronghold above $0.0000092 could lead to a rebound, while a break below this level might open the path for more dips targeting the $0.0000032 level.
ChowWow (CHOW): The Meme Coin Looking to Outshine the Likes of Pepe
ChowWow (CHOW) draws its inspiration from an old dog breed in China called Chow Chow. The Chow Chow dogs are associated with good fortune and prosperity. The ChowWow’s official logo also features a Chow Chow dog dressed in red, symbolizing good luck and wealth in Chinese culture.
ChowWow aims to build a loyal community of token holders and help them become financially independent. The sole medium of exchange on ChowWow is its native token, $CHOW. With a supply of just 888,777,000 tokens, the $CHOW token will be used to distribute staking and gaming rewards and to purchase in-game assets.
Moreover, half of the tokens have been set aside for the project’s presale, while the rest will be used for operational expenses. This will include staking rewards, gaming, maintaining liquidity pools, team allocations, and funding marketing campaigns. The $CHOW token at stage one of its presale currently sells at a low entry price of just $0.008.
Can ChowWow Mirror Pepe’s Price Movement?
PEPE price movement suggests a bullish outlook that could see the meme coin record impressive gains in the coming days. Meanwhile, ChowWow holds the potential to become one of the best meme coins in 2025. The token balances utility with economic feasibility to create a unique gaming project. Moreover, it also stands out because it offers different ways of earning passive income with the freedom to try different Defi solutions.
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