Base Dawgz has quickly raised $1 million in its presale, positioning itself as a strong contender to challenge Brett as the leading meme coin on the Base chain.
Just a week after launching its presale, Base Dawgz ($DAWGZ) has raised more than $1 million from eager investors. As the latest meme coin to watch on the Base chain, Base Dawgz is showing strong potential to rival and possibly surpass Brett (BRETT), another popular meme coin on the same blockchain.
Base Dawgz’ Rapid Presale Success
The Base Dawgz presale has attracted significant attention, raising over $1 million in its first week. Currently priced at $0.00502 per token, early investors have a limited window to buy at this rate before the price increases by 5% to $0.00528 in the next stage.
Base Dawgz leverages advanced blockchain technology to make its token interoperable across Ethereum, Solana, Binance Smart Chain, and Avalanche chains. This cross-chain functionality, combined with its innovative share-to-earn feature, positions Base Dawgz as a versatile and attractive option for investors.
Share-to-Earn Functionality
One of the standout features of Base Dawgz is its share-to-earn functionality. This allows users to accumulate points by sharing Base Dawgz content on social media. After the presale concludes, these points can be exchanged for $DAWGZ tokens, incentivizing community engagement and marketing.
INVEST IN $DAWGZ EARLY BEFORE IT BECOMES NEXT 100X CRYPTO
In 2024, meme coins have taken centre stage in crypto conversations, and their surge in price is evidence of that. Popular meme coins have reclaimed a strong foothold, and new listings are flooding CoinMarketCap. This sub-sector of the crypto market has a market capitalization of $56 billion, positioning it as a prime catalyst for the coming summer bull run.
Meme coins have evolved beyond mere jokes. They now offer enhanced utility and functionality, with Base Dawgz being an excellent example. This evolution could be the driving force behind their resurgence this year.
Brett: The Current Leader on Base Chain
Brett (BRETT), the leading meme coin on the Base chain, has demonstrated impressive performance. Since the beginning of June, Brett has surged 76% to $0.1572. It reached a $1 billion market cap in just three months; much faster than the years it took for Dogecoin (DOGE).
Brett’s popularity and rapid growth are attributed to its strong community support and potential for integrating DeFi features like staking, yield farming, and DEX trading. However, despite its success, Brett lacks a detailed roadmap, which could pose a challenge as new contenders like Base Dawgz emerge.
Base Dawgz’ Unique Selling Points
Base Dawgz stands out with its advanced features, including cross-chain trading through Wormhole and Portal Bridge technology. These technologies make $DAWGZ tradable across multiple blockchains, enhancing its utility and accessibility.
Moreover, Base Dawgz’ share-to-earn functionality encourages users to engage with the community by sharing content on social media. This feature not only boosts community engagement but also serves as a marketing tool to attract new investors.
The Base Network’s Growth
The Base network, developed by Coinbase, offers cost savings and faster transactions while maintaining the security of the Ethereum blockchain. Since its launch, Base has seen significant growth, with a current market cap of $54 billion, closing in on Solana’s $73 billion. This growth is supported by Coinbase’s extensive user base of approximately 98 million users as of 2022.
Total Value Locked (TVL) and Market Trends
The Total Value Locked (TVL) in the Base chain has been trending upward since its inception, currently at $1.79 billion compared to Solana’s $4.45 billion. This upward trend suggests growing confidence in the Base network and its meme coins.
Analyst Predictions for Base Dawgz
Industry analysts are bullish on Base Dawgz. ReadWrite projects a 10x return on investment (ROI) at launch, while Tech Report suggests 100x gains are possible. The 99Bitcoins channel also includes Base Dawgz among a dozen coins that could 10x in 2024. The project has been featured in leading media outlets such as CryptoPotato, The Economic Times, and Finbold, further enhancing its visibility.
Participation and Security
Base Dawgz has allocated 20% of its 8.45 billion tokens for its presale, approximately 1.69 billion tokens. The project will soon offer staking opportunities, with staking rewards accounting for another 20% of its total supply. The smart contract has been fully audited by Solid Proof, ensuring its security.
Base Dawgz is poised to become a leading coin on the Base network, with strong community support, innovative features, and robust presale performance. As the presale continues, investors are encouraged to consider this opportunity.
To participate in the Base Dawgz presale, visit the project’s website and connect your wallet. Tokens can be purchased with Base (ETH, USDC), ETH (ETH/USDT), SOL, BSC (BNB/USDT), and AVAX. Stay engaged with the Base Dawgz community on X and Telegram for the latest updates.
