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Cryptocurrency News Articles

Bonk and ChowWow Meme Coins Garner Market Attention Despite Bearish Trends, Experts Predict Price Rebound

Feb 21, 2025 at 01:00 am

The meme coin market has witnessed huge price volatility in the past weeks, with several meme coins struggling with the bear trends. While Bonk is among the meme coins on the downside, market watchers believe a price rebound is close. This optimism could be linked to Bonk coin's impressive trading volume, which has been increasing in the past week.

Bonk and ChowWow Meme Coins Garner Market Attention Despite Bearish Trends, Experts Predict Price Rebound

The meme coin market has experienced significant price volatility in recent weeks, with several meme coins grappling with the bear trends. While Bonk is among the meme coins on the downside, market watchers believe a price rebound is imminent.

This optimism could be linked to Bonk coin’s impressive trading volume, which has been increasing in the past week. ChowWow is another meme coin that is garnering attention in the market, driven by its play-to-earn feature, which will allow game lovers to turn their passion into wealth by playing games and earning rewards. Developed on the Solana blockchain, CHOW is projected to follow the path of other popular Solana coins like Dogwifhat. That means a 10x rally is expected in the coming weeks. Here is why.

Expert Predicts 15% Pump for Bonk Coin Soon

Bonk coin price has been on a bearish trajectory in recent weeks, which has cast doubt on the possibility of a resurgence soon. Reacting to the market movement, CW8900, in a tweet on 17th X, notes that the Bonk token is currently forming a bearish pattern but could reverse the pattern very soon. In the Bonk price prediction, the analyst projects a rebound toward the target of $0.000045, which is a resistance zone.

Despite the gloomy outlook, Shane Da Mane remains bullish on the Bonk crypto coin. In a tweet on 17th X, the analyst believes Bonk coin will witness a 15% pump in the short term after the current descending broadening wedge pattern passes. Meanwhile, based on the market stats, the Bonk price is down by 51% in the 30D timeframe, with the market cap also witnessing a significant dip.

Bonk’s performance in the past 30 days has been abysmal, although it is similar to other meme coins. The technical analysis from Tradingview does not give hope for optimism, as major market indicators are bearish. Even with that, Coincodex, the popular crypto prediction platform, sees Bonk price soaring by 227% in the short term. Given how fast meme coins react to news, a market resurgence could trigger an uptrend for Bonk. It is still one of the top meme coins to watch in 2025.

ChowWow: A Profitable Investment Opportunity on the Solana Blockchain

ChowWow (CHOW) stands out among other memecoins on the Solana ecosystem due to its strong utility, unlike other meme coins that thrive on hype and speculation. ChowWow is more than a meme coin; it is a project developed to promote financial freedom for the people. Inspired by the Chinese Chow Chow dog breed, which is known to bring fortune and wealth, ChowWow wants to bring luck and wealth to investors’ digital assets.

To realize its mission of financial freedom, the ChowWow ecosystem boasts unique features, such as the stake-to-earn and play-to-earn mechanisms. Through the P2E, users are rewarded for in-game achievement, which can be redeemed for real-world assets, while users can also stake their tokens and provide liquidity to the ecosystem. Those who stake their tokens will earn up to 15% APY reward which is paid monthly.

This is ideal for crypto enthusiasts who seek a cryptocurrency investment that guarantees short and long-term profits. Meanwhile, there are also other community activities and airdrops aimed at rewarding active community members. Developed on Solana, ChowWow will have low transaction fees and faster transaction processing for better project execution.

Meanwhile, ChowWow has raised over $100,000 barely a week after kicking off the presale, showcasing keen investors’ interest in the project. Sold for only $0.008, now is the best time to accumulate the meme coin before the price increases. Given its deflationary mechanism, which allows for regular buyback and token burn, investing in CHOW might turn an average investor into a millionaire in the coming weeks, just as Pepe did in 2023.

Which Profitable Meme Coin Is Ideal for Short-Term Profits?

Investing in meme coins for short-term gains could be tricky, but buying high-potential meme coins like ChowWow could turn an average investor into a millionaire. While the likes of Bonk are in the downtrend, upcoming presale gems like ChowWow are opening another door for investors to join the next 100x Solana meme coin, capable of rising as high as 1000% within days of launch in exchanges. For smart investors, presale gems like ChowWow are not a project to play with, given the historical performance of Solana meme coins in presale and on launch in exchanges.

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Other articles published on Feb 22, 2025