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With bitcoin value struggle, this article appears in Chowvo, the new Solan Mem Coin which is prescribed for large -scale rallies in Presley
Bitcoin continued her downtrend this week, falling below $ 95,000 before rebounding above $ 98k. In the last week, BTC is traded between $ 101,732 and $ 94,713, with bitcoin market cap to fall from $ 2.0B to $ 1.94B.
Since the price of bitcoin reached an all -time high of $ 109,114 on 20 January, the popular cryptocurrency has been in a consolidation stage struggling to break through $ 110,000 resistance area.
Bitcoin is finding it difficult to recover the $ 100,663 critical support zone, investors continue to search for profitable altcoins that can guarantee low and long -term returns. A new meme coin, chowvo (chow), is one of the tokens of investors’ attention, which has several projects as projecting in 10X returns.
Can Bitcoin cost a new ath in Q1?
Crypto’s analyst Crypto Rover tweeted that the price of bitcoin has broken the fallen veg pattern, a specific rapid pattern that could trigger a rally towards a $ 106,000 mark in the coming days. Confirming that, Crypto’s analyst Mr. Crypto claimed that the price of bitcoin crypto was breaking, which could trigger rapid speed.
Given the bitcoin chart at the tradingview, support and resistance lines are converting into a classic rapid penette pattern, suggesting that the BTC price may soon go to the moon. RSI is also 47, indicating that bitcoin is not yet in the overbott area. However, market statistics suggest that bitcoin trading volume is red, suggesting that investors are taking precautions.
While the top Crypto coin is struggling in the market, Lukanchen data suggests that the microstrate last week bought another 7,633 BTC ($ 742m) at an average price of $ 97,255, indicating that to accumulate whale crypto Current DIPs are using. If Bitcoin is capable of flipping 30-day SMA ($ 100,663), which is in the form of the next resistance area, it can set a new ath in Q1.
Chowvo attracted investors to the pressley, set for a huge rally
The Crypto industry has seen an explosion of meme coins operated by community engagement and viral marketing. At the end of 2024, there were 22 meme coins out of the top 200 cryptos by the market cap, dominating the Solan-based coins charts. According to coinmarketcap, Meme coin market cap stood at $ 73.94B, ranking as the third largest crypto ala after Defi, indicates the impact of Meme coins in the crypto industry.
Between large -scale adopted crypto Chowwo (Chow)A new Solana-based meme coin that promotes financial freedom to the public. Unlike other coins, which thrive on publicity and speculation, the chowav is supported by a play-to-Kamai feature and a stacking pool. After developing in Solana, it will inherit the transaction speed of the network and inexpensive fees of the atherium.
On the Play-to-I plate platform, players are rewarded for in-game achievements that can be redeemed for real-world value. It helps in promoting community engagement and promoting Chowvo Ecosystem. Already, 10% of the total supply is allocated for this, while chow tokens are used for in-app purchases, making it a utility token.
Individuals will also benefit from stacking pools, which currently offers up to 8–15% to stake their tokens and bring liquidity to the ecosystem. Interest is paid monthly in chow tokens. Chinese Chow Chow is inspired by the dog breed, which is considered to bring luck and prosperity for people, the purpose of the fourth is to ensure that everyone earns.
To stabilize the Chow value, the team has unveiled a token burn and buyback mechanism, which aims to reduce the supply, so that it is a deflation in nature just like Shiba Inu. Investors can buy Chow native tokens for only $ 0.008, with the price to grow soon.
conclusion
With the price fluctuations in the price of bitcoin, investors are giving priority to low-cap crypto that can return quick benefits in short term. The low price of the fourth and the present benefits today make it one of the most promising emerging meme coins.
To learn more about chuco, Go to the Chowv Presley.
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