Melania & Libra Are Linked by a Scam Team, Investors Find a Safe Haven in ChowWow

There has been a sequence of crypto scams reported recently in the crypto market. Recent research has revealed that tokens Melania and Libra may be involved in a scam. It is now reported that the same group is involved in both tokens, which has misled many investors. This has led to huge losses and has elicited a lot of concern in the cryptocurrency industry.

In the midst of this chaos, ChowWow has become a safe haven and the altcoin with the most potential for massive profit for investors. It is gaining popularity because it presents a clear roadmap, practical use cases, and profitable investment strategies. Some believe that ChowWow will save their money and provide a reliable means of investing in digital assets.

Let’s look into the scams relating to Melania and Libra and what is making investors find a safe haven in ChowWow.

Libra (LIBRA): Argentina’s Crypto Scandal

In Argentina, one of the crypto projects called LIBRA became a national scandal overnight. In mid-February, the newly elected president, Javier Milei, a libertarian who supports Bitcoin, tweeted his support of the $LIBRA token. He advertised it through his social media profiles as a personal venture aimed at strengthening the economy of Argentina.

LIBRA’s price quickly soared from $0 to nearly $5 per token when Milei’s followers and retail investors entered the scene. In a few hours, the token’s value dropped by more than 80%, and it was trading below $1​. Blockchain analysts later found out that these insiders sold more than $107 million in tokens as soon as they could, while regular investors saw their funds disappear. 

Melania (MELANIA): The Billion-Dollar Pump And Dump

The Melania token, backed by Melania Trump, surged to over $10 billion on its first trading day but crashed below $2 billion due to insider selling. Like LIBRA, it used celebrity influence to attract investors before executing a liquidity extraction scheme. Bubblemaps analysis revealed that an insider profited $2.4 million by pumping the token and transferring funds through cross-chain transactions.

The latter was further verified to be linked with the Melania token creator’s address. The team, therefore, used insider information to purchase the token early and then sold it at the peak, making it a pure pump-and-dump scheme. The official $MELANIA coin rapidly rose to $13 billion and then dropped to $13,000 within eight hours of its launch.

ChowWow ($CHOW): The Meme Coin Revolution

ChowWow is a meme coin built on the Solana blockchain experiencing growing interest from the whales as the best crypto to invest in to secure your portfolio. It has already drawn a lot of attention from the public with its play-to-earn and stake-to-earn investment models. It is currently in the presale stage, which implies that investors can buy it at a relatively low price.

ChowWow also has the best investment plans for investors, which makes it a safe haven. This best crypto to buy now has created its own kingdom through the gaming model that offers players different game options. You have the opportunity to train and exhibit your own Chow-chow dog. Also, participants in the game can receive bonuses based on their performance during the game, which can be exchanged for tangible value.

ChowWow ($CHOW): Stake And Earn With ChowWow 

What about the stake-to-earn model? This allows you to use your $CHOW to get more tokens on a monthly basis. All you have to do is buy the token and lock it up on the platform. This will reduce sell-off pressure, which will, in turn, raise the price of $CHOW, making it the best crypto to invest in for safety and high returns.

The presale of this altcoin with the most potential to yield massive returns is ongoing. Currently in stage one at $0.0080, with an expected launch price of $0.0288, investors are sure to make good returns on their investments. This presale will be done in several phases to allow investors to buy at the various phases of the project. After that, an airdrop will follow, which means that investors will be able to get even more $CHOW for free.

Conclusion

The links between Melania and Libra have exposed a network of deceit that has affected many investors. Meanwhile, ChowWow stands out as the best crypto to buy now with its play-to-earn and stake-to-earn models in a risky market. These models offer practical investment strategies that are beyond hype. Investors are urged to remain cautious and choose platforms that value transparency and security, like ChowWow.

Visit ChowWow Presale