The Bitcoin price recovered in the last 24 hours, climbing back to $61k. This is the second time BTC managed to go above the $60k mark after the bearish market knocked its price down.
Initially, on August 8, Bitcoin’s price saw a surge from $55.5k per coin to $62.5k, only to then spend a few days, between August 9 and August 11 just above the support at $60,000. The price still broke the support on August 12, when it returned to the upper $50k range, when another surge allowed it to recover above $61k again in the last 24 hours.
In other words, right now is a highly volatile period for Bitcoin, with the coin commonly going up and down by as much as $7k, $8k, or sometimes even $10k. While expert investors know how to make use of this volatility and profit from short-term price fluctuations, for many others the current market is too risky and could bring only losses.
This is why alternatives such as Base Dawgz (DAWGZ) have seen an increased amount of attention and activity.
BUY DAWGZ AND SECURE THE VALUE OF YOUR MONEY
What do you need to know about Base Dawgz?
Base Dawgz is a dog-based meme coin developed on the Base blockchain. Right now, the project is still in presale, but once the ICO ends, its native DAWGZ token will go live on five different chains — Base, Solana, Binance Smart Chain, Ethereum, and Avalanche.
The project uses advanced technologies such as Portal Bridge and Wormhole to connect these five chains and achieve true interoperability. This multi-chain nature will allow users to seamlessly transfer assets between the supported chains in the form of DAWGZ tokens.
In other words, they won’t have to use wrapped tokens, stablecoins, or crypto conversions to move between chains — the original DAWGZ will be able to jump from chain to chain whenever they need it. That way, holders will be able to access each of the five chains’ unique benefits and opportunities while holding a single decentralized cryptocurrency at all times.
BUY DAWGZ WHILE ITS PRICE IS LOW
For now, however, Base Dawgz is still in the presale stage, with its ICO raising $2.91 million as of the time of writing. The project is rapidly moving toward its next milestone — $3 million raised — and the market volatility is only encouraging more investors to buy DAWGZ rather than risk their money.
While the token’s price is not completely fixed, as it grows as the ICO moves through different stages, it is not affected by crypto volatility while in the presale stage, and it currently sits at $0.007784, which is where it will stay for another five days.
This leaves investors with an opportunity to buy before the next increase, and automatically see gains as further ICO stages pump the price further up.
