Could ChowWow Surpass Shiba Inu By 2030?

Meme coins have become a significant part of the crypto world. Most investors are looking for fun coins with strong crypto communities actively available on social platforms. Shiba Inu has been one of the best meme coins to invest in for a long time.

However, a new alternative, ChowWow ($CHOW), has emerged and is quickly gaining investors’ attention, even as Shiba Inu’s price is set for recovery. Whale activity has seen a substantial surge, with more than a 90% increase in inflows. Despite this, ChowWow’s presale continues to record major milestones, having raised over $180,000 in the just completed stage one of its presale.

Shiba Inu Whales Are Back: 90% Inflows Rally

According to Ali Martinez, Shiba Inu has been struggling to overcome short-term resistance and losing key support levels. The Shiba Inu price has been under pressure for weeks due to a price consolidation phase and descending trendline. Nevertheless, a possible breakout from this trendline might be near, given a surge in inflows.

Shiba Inu Price Chart | Source: Twitter

The $0.000016 is the next significant resistance level. This level could trigger a more robust upward trend toward $0.000017 if broken. Beyond this level, Shiba Inu will target higher gains, with $0.000018 being the confirmation target. Large SHIB holders usually occur before a price increase.

This implies that institutional players or large retail investors are preparing for a price rally.  With a surge in whale activity, Shiba Inu price movement may be about to reverse its trend. A significant recovery will result from a breakout above its resistance levels if the buying pressure keeps increasing.

ChowWow ($CHOW): The New Solana-Based Token Set to Become The Next Big Meme Coin

ChowWow ($CHOW) is the new meme coin that aims to surpass Shiba Inu by 2030. The meme coin draws inspiration from the Chow Wow dog breed, representing good fortune and wealth. ChowWow, which is designed in the Solana blockchain, aims to leverage the blockchain’s cheaper and faster capabilities and transfer them to its users.

Some of its unique features include stake-to-earn, play-to-earn, and deflationary features. With the P2E model, users can earn significant rewards under the ChowWow gaming kingdom through its in-game achievement, which can be exchanged for real value. Users will also have the chance to earn staking rewards when they stake their tokens using the stake-to-earn feature.

This approach, backed by buybacks and a burning mechanism, will contribute significantly to the stability of the $CHOW price. A move that has already seen the ChowWow presale hit over $193,000 in funding as the investors continue to buy $CHOW tokens.

Can ChowWow’s Outstanding Capabilities Help It Surpass Shiba Inu By 2030

Shiba Inu is set to record an uptrend momentum backed by increasing buying pressure from its whales. However, while meme coins like Shiba Inu continue to hold strong market dominance, ChowWow’s potential as a revolutionary meme coin could set it up for a challenge. Its ability to combine P2E and S2E positions the $CHOW token in a better path for significant growth.

Visit ChowWow Presale