Having witnessed massive retracement which started in the middle of January, the meme coin market is showing signs of recovery. Dogecoin and Shiba Inu are among the top meme coins showing bullish signals with analysts projecting massive rallies in the coming weeks.
While the market waits for a bullish reversal, ChowWow’s (CHOW) growing presale momentum has become a talking point, as Shiba Inu and Dogecoin whales show interest in the project. Driven by a play-to-earn and stake-to-earn features, ChowWow is seen as the next 100x Solana meme coin with projections of 100x in presale.
Shiba Inu Price Prediction – Can Shiba Inu Price Hit $1 in 2025?
Shiba Inu’s (SHIB) gloomy days might be over soon with the recent appearance of a Doji candlestick in the Shiba Inu weekly chart, suggesting that a bullish reversal is on the way. Reacting to that, Shiba Inu trading volume has surged recently.
The Shiba Inu market cap has also surged to $9.62B and looks set to hit $10B.
While observing the Shiba Inu price chart, JavonTM1 notes the meme coin is setting up an inverse head and shoulder pattern. The expert claims if this pattern finishes up its final shoulder, it could lead to a 399% rally which might push the Shiba Inu price towards $0.000081. Although Tradingview data is still bearish, crypto analyst Shiba Informer still believes that the SHIB price will hit $1 soon. If the momentum continues, Shiba Inu might retest its ATH soon.
Dogecoin Showing Signs of Bullish Reversal
Dogecoin (DOGE) seems to be stabilizing in recent days having witnessed high volatility in the past week. Tradingview data shows that the Dogecoin price has found support at $0.244 with resistance at $0.29. Both levels are likely to determine whether the coin will retest the $0.48 December high or drop to $0.15 November low.
The Dogecoin trading volume is booming, suggesting that investors’ confidence is growing once again. For Rose Premium signals, Dogecoin crypto is rebounding from the Fibonacci support zones, which could imply a potential bullish reversal is close. The trader notes that a breakout could trigger strong momentum, and holders should watch out for the price targets of $0.4993, $0.5740 and $0.6543.
Dogecoin technical indicators are still flashing sell signals. The meme coin price is below the 30-day EMA ($0.29) which is a strong resistance level it needs to break to confirm a bullish rally. So far, the 14-day RSI is 37 (neutral), confirming that sellers are in control. However, if the market activity continues to rally, DOGE price might hit $0.5 in Q1 and $1 in 2025.
Can ChowWow Surpass Shiba Inu and Dogecoin this Year?
ChowWow ($CHOW) is in line to become the hottest meme coin in the Solana ecosystem. Unlike Shiba Inu and Dogecoin, ChowWow offers numerous rewards and an avenue for holders to grow their wealth. The ChowWow project is developed based on the Asian dog Chow Chow, whose attributes include prosperity, good luck and protection.
Following that, ChowWow wants to bring luck, wealth and prosperity to investors’ assets. With the play-to-earn model, users can play games while being rewarded for in-game achievements which can be converted for real-world value. Also, users can stake their ChowWow tokens and earn up to 8 – 15% APY which is paid out monthly in the form of additional ChowWow tokens.
The native token, CHOW is deflationary with buy-and-burn mechanisms implemented to reduce the supply and boost the price. At the ongoing presale, the CHOW token is sold for only $0.008 with 50% of the 888.7M total supply allocated for presale. Given the strict supply, the presale has been witnessing massive adoption with high expectations of 10x rallies in Q1.
As such, CHOW is seen as one of the best meme coins to invest in for long-term returns. With the launching of the project on Solana, the meme coin will not only inherit the network’s faster transaction processing and cheap fees but will also use the ecosystem’s popularity to boom like the $TRUMP coin. For investors searching for a good crypto to buy for long and short-term ROI, CHOW is a project not to miss.
Top Under $1 Meme Coin To Buy in Q1
Having established themselves in the market, ranking among the top 50 coins, Shiba Inu and Dogecoin are likely to witness more uptrends in 2025. However, they might not outshine the upcoming ChowWow meme coin. That’s because ChowWow has a presale advantage and features like P2E which will drive users to the platform. As more people play games, the demand for the CHOW token will rise due to its utility as a means of payment for in-game items. As such, it is one of the best meme coins to buy now.