Aligning with the broader meme coin market’s bearish sentiment, Dogecoin has been experiencing price dips in recent weeks. Top on-chain analyst Ali Martinez claims that Dogecoin network activity is down to its lowest since October 2024 with fewer whale transactions daily. This has fueled suggestions that whales are migrating towards other popular meme coins.
ChowWow, the new Solana meme coin, has witnessed a massive inflow of investors in recent weeks, showcasing its growing influence in the $49B meme coin market. Unlike other coins like Bonk, which have no real-world value, ChowWow is built with a play-to-earn platform. With the growing adoption, market observers think ChowWow has the potential to become the hottest meme coin in 2025.
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Experts Remain Optimistic Amidst Dogecoin’s Declining Whale Activity
Dogecoin’s (DOGE) recent price actions show it is struggling to recover from the corrective phase. Dogecoin whales have remained on the sidelines in the recent market volatility with little or no buying activity. This suggests that investors are exercising caution and are not yet ready to commit to the meme coin.
With fewer whale transactions and less than 60,000 active addresses per day, Dogecoin could slide further into the bear market. In a Dogecoin price analysis on X, Ali maintained that the Dogecoin price needs to stay above the $0.19 support level to trigger an uptrend however it has since fallen to ~$0.17, increasing the possibility of a deeper correction toward $0.060.
Meanwhile, Crazy Buddha, in a tweet on X, claims that Dogecoin price presents a good entry point now despite the dip. In terms of market performance, the Dogecoin market cap and trading volume have dropped significantly in the past weeks with market indicators signaling further correction. However, there is still hope of a reversal soon given the rising investment in meme coins.
ChowWow: The Meme Coin Set for Explosive Rally in 2025
ChowWow is a fast-rising meme coin project that has gained traction in the meme coin space. With Dogecoin and other meme coins battling the bear trend, ChowWow is witnessing a massive inflow of investors who want to benefit from the 260% projected rally in presale. Inspired by the Chinese ChowWow dog breed, ChowWow wants to bring luck and wealth to investors’ assets.
Through the play-to-earn model, game lovers will use their skills to build wealth in crypto. As they engage in gaming activities, they earn rewards that can be converted to real-world assets. With the ChowWow stake-and-earn model, non-gamers also have the opportunity to earn up to 15% in APY by staking their tokens and providing liquidity to the ecosystem.
There is also the ongoing ChowWow meme coin competition, where users can win the $1,000 USDT prize pool by creating and posting memes on X. All these are aimed at promoting financial freedom to the ChowWow community. Meanwhile, the CHOW token is sold for just $0.01 at the ongoing stage 2 of the presale. Having risen from $0.008 to the current price, it means early investors have made a 25% ROI.
The over $250,000 raised in presale funding so far signals the rising accumulation of the meme coin by smart whales. As such, ChowWow could witness explosive rallies of as high as 100x on launch. Adding to the deflationary mechanism, which allows for regular token burn, the CHOW price might jump to $5 within 6 months of launch.
Investors searching for how to buy CHOW can take advantage of the ongoing bonus offer, which gives a 5% cashback on every $250 CHOW purchase to invest in the project. This bonus also increases based on the amount of tokens bought. Above all, ChowWow is one of the top meme coins not to miss now.
Memecoins with the Most Potential for Growth in 2025
Although Dogecoin is one of the most popular meme coins on the market, its performance has been below average in the past weeks. However, market watchers are still optimistic of a resurgence very soon. For now, ChowWow remains the best alternative, given its projected 260% growth in presale and rising adoption. With its amazing gaming platform and staking model, ChowWow is one of the best meme coins to invest in for short and long-term returns.
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