Base Dawgz ($DAWGZ), one of the most hyped presales of this year, just surpassed another big milestone – over $2.5 million of investor funds were poured into the presale so far!
As the bear sentiment wins over the traditional market, traders tend to invest more in presale projects like DAWGZ.
We wanted to see what’s the hype all about, and why is this dog-themed meme coin winning over the other presales.
Let’s check it out…
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What is Base Dawgz?
Base Dawgz ($DAWGZ) is a dynamic dog-themed meme coin that is quickly capturing the attention of the crypto community.
The project aims to carve out a unique space in the meme coin market by offering a combination of engaging community features and substantial financial incentives.
At its core, Base Dawgz features a staking rewards system designed to generate passive income for early investors.
By staking DAWGZ tokens, holders receive hourly rewards, accumulating over a year and providing a continuous earning opportunity.
But Base Dawgz isn’t just about staking.
It’s built on a multi-chain foundation, making it highly flexible and accessible across multiple blockchains, including Ethereum, Solana, Base, Avalanche, and Binance Smart Chain.
This multi-chain capability is powered by advanced protocols like Wormhole and Portal Bridge, which enhance the coin’s interoperability, liquidity, and overall utility in the decentralized finance (DeFi) space.
The project has already seen significant success in its presale phase, raising over $2.5 million.
Early investors can buy DAWGZ tokens at a discounted price, which is set to increase in later presale stages, making early investment particularly advantageous.
Additionally, Base Dawgz features a Share-to-Earn system that incentivizes the community to create and share content, such as memes, to earn additional DAWGZ tokens.
Base Dawgz also has a detailed roadmap, including plans for community growth, exchange listings, and further development.
This roadmap aims to sustain and expand the project’s hype and engagement over time. With its combination of staking rewards, multi-chain flexibility, and community-driven incentives,
Base Dawgz is positioning itself as a one of the best presales to buy in 2024.
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Why Is Base Dawgz Generating So Much Hype?
As we said, Base Dawgz gathered over $2.5 million in presale and a large following across social media channels.
Despite the many use cases that it’s offering, like multi-chain tool, it’s still not clear why is it so popular. We’ve seen others with the same features but with not nearly the same success.
Let’s take a look.
Base Dawgz Capitalises on Base Meme Coin Trend
Base meme coins are experiencing a surge in popularity this year, and Base Dawgz is cleverly riding this wave.
This Shiba Inu-inspired coin has established itself on Coinbase’s Base chain, offering a fast and efficient trading experience.
The Base blockchain, known for its rapid growth in 2024, is a secure, low-cost Ethereum Layer 2 solution that aims to attract more users to the crypto market.
The project’s timely launch and innovative theme have quickly garnered interest and attracted numerous investors. Early presale participants are optimistic about a significant surge post-release.
Following the path of successful Base meme coins like Brett, Degen, and Toshi, $DAWGZ has the potential to become a major player. The Base blockchain is emerging as a thriving platform for new meme coins, contributing to their rapid growth and popularity.
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Base Dawgz Resembles the Early Days of Shiba Inu
The standout feature of Base Dawgz isn’t just its association with the Base blockchain; there’s much more to it.
The project boasts a playful theme centred around a Shiba Inu dog outfitted in a base-jumping suit and goggles, making it an instant hit with the crowd. The Shiba Inu label itself is a strong pull factor, given the dedicated and enduring community of Shiba Inu investors.
Despite the poor market performance of SHIB, its investors continue to hold onto their tokens, showcasing a strong sense of community.
However, with SHIB’s current market cap reaching $9 billion, the project has become saturated, offering limited potential for new returns and struggling to attract fresh investors.
Enter Base Dawgz, which leverages the viral appeal of the Shiba Inu theme. Being in its early stages, it presents new investors with significant growth potential.
The dog-themed concept has proven successful in the meme coin market, with seven out of the top ten meme coins being dog-themed.
Base Dawgz aims to tap into this trend, providing a fresh and exciting opportunity for both seasoned and new investors alike.
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Dev Team Builds Huge Community Support Through Airdrops
A strong community is essential for the success of any meme coin, and Base Dawgz understands this well.
To boost community engagement, Base Dawgz is introducing several attractive community programs. One notable initiative is the “Be Social for Airdrop” campaign, which utilises a share-to-earn mechanism.
This campaign incentivizes community members to promote the project on social media in exchange for appealing rewards.
By creating engaging posts, participants can earn significant rewards, fostering a lively and active community.
Currently, the Base Dawgz community is growing rapidly on platforms like Twitter and Telegram.
The Twitter community has already surpassed 4,700 members, while the Telegram group has over 4,900 members.
With these numbers steadily increasing, the project is poised to attract thousands more supporters who believe in its vision to become a leading force in the crypto space.
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Conclusion
All in all, Base Dawgz is a promising player in the competitive market niche
With over $2.5 million raised in its presale and a robust community growing across social media, the project leverages a playful Shiba Inu theme and innovative features like multi-chain compatibility and staking rewards.
Positioned at the intersection of meme culture and decentralized finance, Base Dawgz shows significant potential for future growth and remains one to watch in 2024’s crypto landscape.