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Bitcoin takes a dip below $ 94k amidst $ 94K, while Chowav Presley attracted the attention of holders seeking high growth capacity.
The price of bitcoin has experienced an increased instability, which has fallen below $ 94K. It was influenced by US inflation figures, which exceeded the estimated price across the board. In particular, the January print of the Consumer Price Index (CPI) was more than the expected monthly and annual time limit. However, Bitcoin has seen a modest reversal.
Meanwhile, the Play-to-Kamai Mem is a new penetrating Chowwo (Chow) in the coin market with its tokenomics and high growth capacity.
Bitcoin dips up to $ 94K because Crypto Retates on US CPI overshoot
Bitcoin was immersed below the $ 95K mark around 12 February at the Wall Street Open due to the United States’ inflation data. CPI’s January print was more than expected. The US Bureau of Labor Statistics data suggests that the CPI rose 0.5% last month, which was 0.2% higher than expected.
The year-on-year increase was 3% against the forecast of 2.9%. The price of bitcoin demanded a modest reversal, but still struggles in the middle-$ 90K zone, with the weight buyer interest of analysts. According to a popular crypto analyst scavee, there was a lot of liquidity at $ 90K between the current spot value and the lower range.
A decisive step above the last high in $ 96,690 will strengthen a yellow landscape case supported by the impulse value behavior. In contrast, a continuous BTC price drop below the level of $ 93,630 will be in favor of more dips, will turn the support areas into resistance.
Chowwow: New Gamefi Mem Coin
Chowwow is a community-oriented meme coin that wants to simulate the unique characteristics of the royal chow chow dog. The dog is popular in China and is often associated with good luck and prosperity. Chowwow intends to mix these properties in its chow tokens, which will introduce a wide fourth universe manufactured for gamers and crypto lovers.
According to the popular crypto analyst Danzo Capital Master, Chow token will allow players to earn prizes for in-game achievements and convert them into real world value. In addition, by state the chow tokens, users can earn interest, which will be paid monthly in additional chow tokens. Ten percent of the total supply will be allocated for the gaming prize and 10 percent for stating to the rewards. The holders will have a chance to enjoy between 8% and 15% APYs.
The Chowwow project is also made keeping in mind the community. This means that it will include features such as aircraft and gaming to develop and expand its community. Additionally, it will offer additional utility with staking features designed to encourage community participation and loyalty. In stage one of its pressley, Chow Mem coin sells only for $ 0.008, with more incoming benefits with each pressle stage.
Can Chowvo Mirror Bitcoin Price Move Movement?
The price of bitcoin is immersed below $ 94K after US inflation figures, which exceeds estimates across the board. However, BTC price has succeeded in recovering the level above $ 95K as a new meme token gamefi aims to revolutionize the market. Chowav is looking at the stage of its press, to woo meme coin investors with their unique gaming features to woo by Solana blockchain.
To learn more about the four, Go to Chowwow Presale.
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