In a stretch of around 12 months, from late 2023 to late 2024, the BONK price rallied over 20x. This shows just how strong meme coin rallies can be, especially when the market conditions are favorable.
However, BONK faced a decline in 2025 and right now it’s over 70% down from its ATH that was set in late November last year. One thing this bull run taught us is, when it comes to meme coins, you need to take profits and move to the next one.
This is where new Solana meme coin ‘ChowWow’ comes into the picture, let’s understand what this new crypto offers after launching its presale this month.
ChowWow – Is This the Next Big Meme Coin on Solana?
ChowWow is a new meme coin that just launched its presale on Solana. Right now, you can grab CHOW tokens for $0.008, and they’re expected to launch at $0.0288. The total supply is set at 888,777,000 tokens, with half of them available in the presale.
Unlike many meme coins, ChowWow actually tries to do something useful. They’re building a play-to-earn game where you can earn $CHOW tokens, and anyone can play it. If you hold tokens, you’ll get some special perks for in-game purchases. You can also stake your tokens to earn monthly rewards – they’re offering between 8% and 15% APY.
The team seems pretty focused on building a solid community. They’re running these weekly meme contests on X where the best meme gets $1,000 in USDT. This could be a smart move since memes are what get crypto projects trending these days. These contests aren’t just about the prize money – they’re helping create hype around ChowWow and getting more people interested in the project.
The whole community aspect goes beyond just meme contests though. They’ve set aside tokens for airdrops and regular community rewards. They’re also planning more competitions to keep everyone engaged and excited about the project. It’s nice to see a meme coin project that actually plans ahead for community building.
Looking at how they’ve split up the tokens, it’s pretty straightforward. As mentioned, half goes to presale (that’s 444,388,500 CHOW), then 10% each for staking rewards, game rewards, and keeping the market liquid. The team gets 8% of the supply, marketing takes 7%, and 5% goes to community stuff like airdrops. Each of these allocations makes sense – you need tokens for the game rewards to make the play-to-earn thing work, and having a decent chunk for liquidity means trading should be smoother.
They’re also doing regular security audits, which is good to see. Plus, they’ve got this buy-and-burn thing going on where they’ll keep reducing the total supply over time. It’s basically like making the tokens more rare as time goes on. This could help with the token’s value if the project takes off.
What’s interesting about ChowWow is how they’ve built multiple ways to earn. You can play the game and earn tokens, stake your holdings for that monthly APY, or try your luck at creating viral memes. Token holders get those extra perks for in-game purchases. It’s a decent way to reward people who believe in the project early on.
Wrapping Up
Looking at how BONK played out, it’s clear that timing is everything with meme coins. While BONK hit that impressive 20x, everything comes down eventually – and now we’re seeing that with its 70% drop from the peak.
ChowWow is taking an interesting approach by mixing the fun meme coin vibe with actual utility. The play-to-earn game, staking rewards, and those weekly meme contests with real USDT prizes show they’re thinking beyond just riding the hype train.
Will it pull off what BONK did? Nobody knows for sure – meme coins are as unpredictable as they come. But what’s clear is that the Solana ecosystem keeps pumping out interesting projects, and ChowWow is putting in the work to stand out from the crowd.
With the presale price at $0.008 and a launch target of $0.0288, early birds who get in might be in for an interesting ride.
| Disclaimer: The text above is an advertorial article that is not part of Coincu.com editorial content. |
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