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Cryptocurrency News Articles

Shiba Inu Golden Cross Could Happen Soon, as New Bonk Rival ChowWow (CHOW) Surpasses $175,000 Funding Milestone in Stage One Presale

Feb 23, 2025 at 09:36 pm

Despite the positive development, Floki's price dipped by over 30% in a month. However, a new Bonk rival sneaks up as popular meme coins like Shiba Inu and Floki struggle to regain a bullish outlook.

Shiba Inu Golden Cross Could Happen Soon, as New Bonk Rival ChowWow (CHOW) Surpasses $175,000 Funding Milestone in Stage One Presale

Shiba Inu (SHIB) Might Be Rallying Soon, But Floki (FLOKI) Dips Despite New Token Support

Technical indicators point to the possibility of a golden cross formation developing earlier than expected for Shiba Inu (SHIB), which might support a robust recovery for the SHIB token despite the uncertainty. Floki (FLOKI), on the other hand, has failed to regain an uptrend momentum despite announcing that it would be supporting the launch of a new token.

As a result of this development, Floki’s price dipped by over 30% in a month. However, a new Bonk rival sneaks up as popular meme coins like Shiba Inu and Floki struggle to regain a bullish outlook. With its innovative play-to-earn and stake-to-earn models, investors believe this new Solana-based meme coin could be the next big meme coin of 2025—a move that has already attracted over $175,000 presale funding with a low-price entry of just $0.008.

Shiba Inu Golden Cross Could Happen SoonFollowing Shiba Inu’s failure to break out, the SHIB token has been consolidating close to its recent lows. Despite trading below important moving averages, the SHIB token has demonstrated resilience by holding onto its support level. Since the meme coin has a history of significant breakouts after protracted accumulation, investors will find its current position as an alluring entry point.

Shiba Inu Golden cross-over formation | Source: TradingViewA golden crossover might soon appear if the Shiba Inu price movement maintains its slow recovery. The 50-day moving average has been getting closer to the 200-day moving average. This pattern has always appeared before significant uptrends in the SHIB token. A verified crossover will probably draw more buyers to the market.

However, crucial resistance levels within the $0.000019 and $0.000021 must be breached for Shiba Inu to resume its bullish momentum. Lucie has also pointed out an incoming significant rally in the price of SHIB. Even though the possibility of a golden cross points to a bullish case for Shiba Inu, volume is still a major concern.

Floki Must Reclaim $0.00015 To Reverse Its Dipping TrendFloki’s price movement struggles to record any significant rally following its recent dips, which saw the token lose key levels, including $0.00015. The dip in Floki’s price was due to macroeconomic headwinds, including the Fed’s reluctance to keep cutting interest rates.

Floki’s price is over 70% below its ATH high of June 2024, when it surged to $0.0003462. Floki has not yet recorded a higher high as its price found a floor around the $0.00009 level, with the possibility of more dips unless it moves above the $0.00015 level in the coming weeks.

Technical indicators favor a bullish short-term outlook as the MACD’s histogram has posted positive readings. If Floki’s price moves above $0.00015, it will confirm a trend reversal and a significant improvement in the meme coin’s mid-term outlook.

ChowWow (CHOW) Stage One Presale Surpass $175,000 Funding MilestoneChowWow stands out because it’s looking to redefine the existing meme coin narrative. To start with, $CHOW is designed to be self-sustaining. The project will achieve this by integrating both stake-to-earn and play-to-earn models. This suggests that beyond the hype, ChowWow can still thrive solely on community engagement, making it a unique opportunity for all.

Moreover, to ensure compliance and safety with industry standards, ChowWow will put in place security measures to prevent data breaches and protect user’s assets. There will be regular security audits aimed at streamlining the integrity and safety of the ChowWow network. By tapping into the Solana blockchain’s speed and affordability, ChowWow guarantees its users a faster yet cost-efficient experience.

Its deflationary mechanism will also help reduce the token supply through burns and token buybacks. This will help encourage $CHOW scarcity and ultimately increase buying pressure, leading to more rallies in the price of ChowWow. Such features are the key drives behind this new Bonk rival presale success that has seen it raise over $175,000 in stage one.

Which Meme Coin Will Stand Out In 2025: Shiba Inu, Floki, And ChowWowShiba Inu golden cross formation could happen sooner than expected, as Floki’s price must reclaim the $0.00015 to signal a more significant uptrend momentum. On the other hand, ChowWow continues to achieve a surging prominence in both the crypto

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