*NEW* The Dogecoin Rival That Is Drawing Significant Interest From Top Market Players
Dogecoin (DOGE) has been one of the most famous meme coins in the market for quite some time now, but a new rival has risen. This new digital currency, known as ChowWow ($CHOW), is popular in the crypto market. So, lots of investors and experts are paying much attention to it because of its unique features and potential for growth.
While Dogecoin began as a joke, ChowWow aims to develop a meme coin that has the potential to last a long time. In comparison to other meme coins, ChowWow has its distinct advantages, in particular, fast and cheap transactions. ChowWow may become one of the top altcoins in the crypto industry since top market players are demonstrating their interest in it.
Let's find out what is drawing top market players to ChowWow.
Dogecoin (DOGE): Analysts Predict Bullish Trend
Dogecoin was also not spared by this month’s market beating. It dropped massively, breaching a crucial support level. The meme coin declined in February by over 23%, having recorded a year-to-date decline of 20%. As various bullish and bearish views continue to happen, the analyst XForceGlobal affirms that Dogecoin will pay patient holders.
Recently, he proposed a massive increase that will take the meme coin market to even higher levels. On February 18, a Korean analyst, who is also associated with Elliott Wave, provided support for the opinion in a post. It pointed out that the token may be the only meme coin that has a chance to see a five to ten times increase in value.
ChowWow ($CHOW): A Platform With Faster Transaction Speeds
ChowWow is a relatively new crypto project that adopts the play-to-earn and stake-to-earn models. It is built on the Solana blockchain network and will possess better transaction speeds and be cheaper than meme-based coins with an Ethereum foundation. The project has been developed to include the community, and this explains why ChowWow is the best crypto to buy.
Furthermore, social gaming has become trendy, and more than 40% of millennials stated that they prefer games that allow them to play with other players or in teams. ChowWow will capitalize on this in the same way by featuring social gaming within the ChowWow Kingdom. Though the ChowWow gaming kingdom is public and everyone can join it, only $CHOW token holders will have the right to earn to play.
$CHOW is the native token of the ChowWow gaming kingdom, effective for financial transactions, including pet boosts. Some part of the $CHOW tokens will be collected from in-game purchases and will also be included in the rewards pool. To increase its circulation and popularity, ChowWow, as one of the top altcoins, will partner with influencers, brands, and other viable blockchain projects.
Conclusion
ChowWow is an exciting new crypto project that is getting noticed by top investors. With its fast transactions, strong community, and promising technology, it has the potential to challenge Dogecoin. Whether it will reach the same level of success remains to be seen, but for now, it is the best crypto to buy.