Binance Coin (BNB) is at a crucial point as it is facing resistance

BNB has finally recovered from the $630 support zone and has even briefly outperformed Ethereum and Bitcoin in the process.

Binance Coin (BNB) is approaching a crucial point as it faces resistance at the $655 and $662 levels. Meanwhile, traders are anticipating a potential BNB rally.

The BNB price action has been heating up, and there is some interesting liquidity data that hints at strong sell pressure around these levels. As BNB struggles to go higher, investors are turning to altcoin alternatives like ChowWow (CHOW). This is a high-growth cryptocurrency that is quickly gaining attention in the meme coin investment space.

BNB Price Action: Can It Break Resistance?

BNB has managed to recover from the $630 support zone and even briefly outperformed Ethereum and Bitcoin. However, the price remains stuck below resistance at the $655 and $662 levels. A huge breakout above $662 could send BNB rallying toward $680 or even $700. Finally, failure for it to hold above the $650 level might even result in a dip toward the $630 level.

Technical indicators present a mixed outlook on BNB’s performance. The hourly MACD is gaining pace in the positive zone, and the Relative Strength Index (RSI) remains above 50, signaling some serious strength. However, liquidity data suggests resistance at $655, meaning bulls need to push harder to sustain a true BNB rally.

Why ChowWow (CHOW) Is the Next Big Meme Coin Investment

With BNB price uncertainty still ongoing, many investors are turning toward ChowWow (CHOW). The project stands out from traditional altcoins by combining play-to-earn mechanisms with staking rewards, providing true utility while retaining the speculative appeal of meme coins.

Built on the Solana blockchain, the token benefits from low fees, lightning-fast transactions, and an engaged and growing community. ChowWow’s early-stage crypto opportunity has led to a boom in presale demand, positioning it as a strong altcoin alternative for traders looking for high-upside potential.

ChowWow's presale phase allows early adopters to get in before the exchange listings drive prices higher. The combination of staking rewards, play-to-earn crypto games, and a meme coin investment strategy makes ChowWow one of the top high-growth cryptocurrency projects in the meme coin space.

Investors who are looking for the next 100x crypto investment are keeping an eye on the meme coin ChowWow (CHOW). Liquidity data is showing increased buying interest and a growing market hype for the token, which could become the next big breakout in the meme coin space.

While BNB is facing some really strong resistance at the moment, Chow, on the other hand, has seen strong support levels around $0.10.

Those who missed out on the gains of StepN, and who are looking for the next best play-to-earn project, might also want to consider ChowWow. The project has already managed to secure over $5 million in presale funding.

Chow aims to revolutionize the metaverse with its unique token that seamlessly integrates play-to-earn capabilities and cutting-edge blockchain technology. It is a project that has the potential to explode in 2024.

Get the latest updates from the Chow project on Twitter and Telegram.

How to Buy Chow Tokens - Step-by-Step Guide

This guide will walk you through the process of purchasing Chow tokens using ETH.

Step 1: Create a ChainGPT Wallet

To begin, you'll need to create a ChainGPT wallet. This can be done easily and quickly by following the instructions on the official ChainGPT website.

Step 2: Add Solana to Your ChainGPT Wallet

Once you have your ChainGPT wallet set up, you'll need to add Solana to it. This will allow you to interact with the Chow token contract.

Step 3: Buy ETH on a Centralized Exchange

Next, you'll need to purchase some ETH. This can be done on any major centralized exchange, such as Binance or Coinbase.

Step 4: Transfer ETH to Your ChainGPT Wallet

After buying ETH, transfer it to your ChainGPT wallet. Make sure to double-check the transfer details to avoid any errors.

Step 5: Connect to the Chow Presale Website

Now, connect your ChainGPT wallet to the official Chow presale website. The website URL is chow.ai.

Step 6: Select the Amount of Chow Tokens to Purchase

On the presale website, select the number of Chow tokens you wish to purchase. The minimum purchase amount is 600 tokens, and the maximum is 30,000 tokens.

Step 7: Complete the Transaction

Finally, complete the transaction by following the on-screen instructions. The transaction fee will be around 0.001 ETH.

Once the transaction is confirmed, your Chow tokens will be credited to your ChainGPT wallet. You can then start trading or holding the tokens as desired.