The current market outlook is bullish in the crypto space, and the third largest meme coin, Pepe (PEPE), is setting up for a bullish breakout in its price action. However, a new token, ChowWow($CHOW) , is growing incredibly popular and is set to boost investors' portfolios. The low cost of investment and very high potential of significant returns placed $CHOW firmly on the list of the most promising crypto projects in the industry. This new crypto project has the potential to replicate a similar effect as that of PEPE Coin's explosive growth. ChowWow has an innovative strategy through its play-to-earn platform, which makes supporters believe that it will rally soon in the market. Currently, the presale is still ongoing, and the token is available for $0.008, which makes many investors eagerly buy the token in large quantities. In this article, we will discuss how ChowWow could become the next PEPE in the market. Pepe (PEPE): Showing A Positive Signal Currently, in the weekly chart, Pepe was able to show a buy signal through the use of the TD Sequential indicator. While this may suggest a bullish sentiment, it is important to note that for an extended time now, PEPE has traded in a downward momentum. These bullish signals have attracted investors and long-term holders to increase their accumulation of the meme coin, according to data obtained from the on-chain data firm Coinglass . Data derived from spot inflow/outflow showed that the exchanges had observed a sell-off of a significant $10.50 million worth of the PEPE meme coin lately. This suggests the existence of buying pressure from long-term holders and investors, which may lead to upward pressure on the token prices. Based on the bullish market sentiment shown by Pepe, it is possible that it could see a rally soon. ChowWow ($CHOW): Providing Loyalty And Stability Via Its Staking Platform ChowWow is a new crypto project developed on the Solana blockchain network, a factor that gives it added benefits over other meme coins that use the Ethereum blockchain technology. ChowWow gains efficiency and usage by users due to Solana’s fast transactions and low cost. Being one of the best cryptos to buy, ChowWow is equipped with a play to earn platform under which players are rewarded. This gaming platform can be accessed by anyone, but in order to earn play to earn rewards, one has to have the $CHOW tokens. Part of the $CHOW earned from in-game sales is contributed to the rewards pool and then shared among the game players. Furthermore, 10% of tokens are reserved for gaming rewards to guarantee stability and sustainability in the early stage of the game. ChowWow has also placed itself among the most promising crypto platforms due to its stake-to-earn concept. This staking platform enables the token holders to stake their $CHOW and generate revenue. They help to provide security to the network and also aid in the increase of liquidity. Under this platform, rewards are given according to the amount of token staked and the duration of staking. Visit ChowWow Presale Conclusion Whereas PEPE has gained much popularity because of its viral appeal, ChowWow is adopting a more utility-driven approach. The merging of gaming rewards and also staking rewards has placed it above the rest as the best meme coin to invest in. With its latest surge in interest witnessed in the market, ChowWow is among the potential next big names in the market. Visit ChowWow Presale Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
