Amid the upcoming Mainnet launch, the Pi Network is once again at the centre of controversy, with popular crypto influencers calling the project a scam. While the project faces significant risk and potential legal scrutiny, investors are migrating to high-potential projects like ChowWow for profits.
The ChowWow presale has continued to witness worldwide adoption, triggered by its robust use cases. While meme coins are known to thrive on hype and speculation, ChowWow is a project with a clear roadmap that is backed by two core features: play to earn and stake to earn. Given the rising interest in mobile gaming, ChowWow is offering game lovers a chance to turn their passion into wealth, making it one of the best meme coins to invest in.
Is Pi Network a Legit Crypto Project or a Scam?
In a tweet on X, popular crypto analyst Crypto Beast labeled Pi Network a scam project, urging followers not to invest in it when it launches. The analyst is among the many users who have labeled the project a scam in the past weeks. Reacting to the criticisms, Kim H Wong, a popular Pi Network believer, drew users’ attention to the network’s unique strength, its cross-border transactions, and its large followership.
Among other things highlighted in the tweet are Pi Network’s free mobile mining model,
its enormous 100 million user base, the distribution of Pi Coin to over 200 countries, the 19 million KYC verified users, the 65 million active users, and the 10.5 million users that already have Pi coin in their wallets. According to Kim, this makes Pi Network a legitimate project.
While the project continues to face scrutiny, the Pi Network adoption rate has also continued to grow. The Pi token has secured listing in popular exchanges like OKX, Bitget, MEXC, HTX, and Gate.io, the latest to announce support for trading the Pi crypto. Also, there are ongoing rumors of a possible Binance listing, which could trigger more adoption of the crypto coin.
ChowWow Presale Gains Momentum
Amid the ongoing scrutiny of the Pi Network, investors are diversifying to ChowWow, a new Solana-based meme coin with fantastic features like play-to-earn. The P2E model is designed to reward users for in-game achievements, which can then be converted into real-world assets.
In the P2E platform, the native token CHOW is used for in-game purchases, making it a utility token in the ecosystem. With 40% of millennials preferring mobile gaming where they can compete with one another, the rising adoption of the ChowWow P2E will trigger buying pressure, which will boost the CHOW price.
Another notable feature is the stake-to-earn model. Non-gamers can opt to stake their tokens and provide liquidity to the ecosystem. In return, they earn as high as 15% in APY, which is paid out monthly. Out of the 888.77 million total supply, the team also allocated 5% for community reward programs and airdrops on launch.
Users who join the project now can take advantage of the ongoing ChowWow meme competition by completing simple tasks and stand a chance of winning the $1000 USDT price pool. Sold for just $0.008, investors who buy over $250 worth of CHOW will get 5% cashback, while those who buy more than $2000 will get 10%. That means the more tokens you buy, the higher the reward.
The ChowWow token is deflationary, with a buy-and-burn mechanism designed to create scarcity and boost the price in the future. Built on Solana, ChowWow will inherit the ecosystem’s low fees, faster transaction processing, and popularity. As such, CHOW is seen as the next 100x Solana coin that will lead the 2025 meme coin market rally. For investors searching for hidden gems, CHOW is one of the top meme coins not to miss.
Is ChowWow the Best Meme Coin To Invest in Q1?
While the Pi network is facing criticism, the ChowWow presale is gaining massive attention in the market. One of the problems traders face is identifying top crypto coins in the nascent stage before listing. Given its robust features, deflationary nature, and reward mechanism, ChowWow is a project capable of doing 10x on listing on a major exchange like Uniswap. Just as Dogwifhat hit the roof on launch in 2024, the CHOW price might rise to $1 on launch.
