The Ondo (ONDO) token has continued to attract bullish sentiment despite noticeable fluctuation in its price trajectory. Notably, the top altcoin recently suffered a major dip, pushing the price of ONDO to about $1.05 from a monthly high around $1.60. However, it has since made significant recovery in the past few weeks, with more improvement anticipated amidst recent partnership.
Meanwhile, the native ONDO token is not the only one gaining attention. In the presale market, investors’ attention is also focussed on a new memecoin set to become the next 100X token. Known as ChowWow ($CHOW), the Solana-based memecoin, combines Stake-to-Earn (S2E) and Play-to-Earn (P2E) models to create a self-sustaining unified ecosystem.
ChowWow’s Lucrative Model Positions $CHOW Token for Exponential Surge
Before now, the success of most established memecoins are largely tied solely to hype and sensationalism. However, ChowWow is altering this narrative by introducing actual utility. This explains the integration of both stake to earn and play to earn models within its unified ecosystem. By offering numerous gameplays alongside staking opportunities, ChowWow aims to build a revolutionary meme coin that can stand the test of time.
More specifically, ChowWow draws inspiration from the popular Chow Chow dog breed, and embodies its majestic, loyal, and intelligent traits. While the ChowWow ecosystem aims to reflect these qualities, it particularly aims to build trust with its users by adhering to all relevant regulations and compliance requirements. This not only offers users safety but also highlights the platform’s commitment to transparency and accountability.
Furthermore, unlike most existing memecoins, ChowWow allocates a substantial amount of its token supply (50%) towards the presale. While this shows that it prioritizes its users from the start, it also presents a unique opportunity for early backers. Currently selling at a modest price of $0.008 in the initial presale phase, the native $CHOW coin is deemed to be the next 100X memecoin, especially considering the growing interest so far.
Ondo Token Attracts bullish Sentiment Amid Recent Partnership Announcement
Interest in the native asset of the Ondo Finance– the $ONDO token, has grown lately following the recent announcement of a partnership with Trump-backed World Liberty. Among other things, the partnership aims to blend traditional finance with blockchain to offer institutional-grade on-chain solutions.
While the latest development further sheds more light on the blockchain protocol’s effort to expand the mainstream adoption of tokenized real-world assets, it also presents an exciting opportunity for the native ONDO token. Although, in the meantime, the ONDO price hasn’t reflected much difference, industry experts anticipate a promising outlook in the mid-long term.
Now trading within a weekly price range of $1.36 and $1.31, the price of ONDO reflects roughly a 4% decline which shrunk the monthly gain to only about 15%. Regardless, the top altcoin still maintains a generally bullish outlook, especially when considering its swift recovery from the lower regions around $1.05 in the past two weeks as well as its over 385% year-to-date price gain.
CHOW vs. ONDO: Which Has the Most Potential for a Skyrun?
Both ChowWow and Ondo finance have their advantages, which explains the growing interest in both their native tokens. While the ONDO token is relying on recent partnerships to achieve a bullish price trajectory in the mid-long term, $CHOW token benefits from active community engagement. Both tokens are designed to be self-sustainable, thereby ranking among the best cryptos to buy.