Base Dawgz Raises $2.2 Million: Why It’s Gaining Attention

The new meme coin Base Dawgz ($DAWGZ) has steadily gained popularity despite the bearish market, raising over $2.2 million in less than a month.

With the meme coin market recovering and the Base chain gaining particular attention, Base Dawgz has started to be recognized as a promising project following Brett Coin. The pre-sale of DAWGZ tokens is currently underway. In the first stage of the pre-sale, DAWGZ tokens were sold at $0.00479 and have since increased to $0.00534. With the price set to rise again in a day, it’s important to act quickly to secure the lowest price.

Community-Driven Rewards with Base Dawgz

Base Dawgz understands the significant role community plays in the lifecycle of a meme coin. To foster community growth, they have launched a “Share to Earn” campaign.

Anyone can create and share Base Dawgz content, earning points based on the popularity of their posts. After the pre-sale, these points can be exchanged for $DAWGZ tokens.

As evidence of their marketing strategy’s success, the Base Dawgz X account has already garnered over 4,000 followers. Moreover, Base Dawgz’ primary chain, Base, developed by global cryptocurrency exchange Coinbase, has a potential user base of 98 million worldwide.

Popular YouTuber Mike Williams has also highlighted Base Dawgz as a promising project on the Base chain, reflecting this growing interest.

Base Overtaking Solana – Big Opportunities for New Base Meme Coins Like $DAWGZ

The Base chain is emerging as a major platform for launching new meme coins, gradually catching up to Solana.

While Solana remains dominant, Ethereum’s Dencun upgrade has given the Base chain significant advantages in transaction speed and gas fee efficiency. As a result, more projects are choosing to launch new meme coins on the Base chain.

Key indicators of this shift include the market capitalization of leading meme coins like BONK and BRETT. Recently, BRETT briefly surpassed BONK on the Base chain. Shortly after that, BONK surged again, reaching a market cap of $1.6 billion, surpassing BRETT’s $1.56 billion.

If BRETT can successfully catch up to BONK, the next target will be the WIF coin, marking a significant milestone.

Looking at Total Value Locked (TVL), the Base chain is gradually eroding Solana’s market share. The chart provided by DefiLlama shows the rapid growth of the Base chain, reaching a TVL of $1.56 billion, compared to Solana’s $4.41 billion. Solana has yet to recover its peak TVL from 2021.

As the Base chain rises, its meme coins are becoming a hot topic. BRETT coin has increased by 73.31% in the past month and a staggering 133,316% since February. While BRETT still has the potential to double, achieving another 130,000% increase seems unlikely.

For exponential growth, it’s better to look for promising new meme coins like Base Dawgz.

Base Dawgz supports multiple chains rather than being confined to one. Although $DAWGZ is issued on the Base chain, thanks to Wormhole and Portal Bridge technology, it can be received, stored, and traded on Ethereum, Solana, Binance Smart Chain, and Avalanche.

This multi-chain structure enhances liquidity and allows investors to easily trade DAWGZ regardless of their wallet, increasing the potential community size and growth prospects of Base Dawgz.

Altcoin Investors Smile as Meme Coin Market Recovers

Not only base chain meme coins but also the overall meme coin market has gradually recovered from the downturn since late May. WIF coin has risen by 4.37% in the past 24 hours, BONK by 4.01%, and BRETT by 1.45%.

Finally, with the trend reversing, investors have an opportunity to enter at the beginning of increasing momentum.

Investing in already popular meme coins may offer limited upside since most of the gains have already occurred. Therefore, choosing promising projects with all the elements for success but not yet in the spotlight increases the chances of exponential gains.

One successful formula for meme coins is the dog character. Out of the total meme coin market cap of $44 billion, $34 billion (74.6%) is associated with dog-themed coins, reflecting the deep love for dog-themed coins among degenerate traders.

Thanks to Dogecoin’s success, the affection for Shiba Inu dogs is especially strong.

A strong community is also a crucial factor for the success of a meme coin. Projects with active communities not only gain momentum more easily but also have an advantage in spreading awareness.

Base Dawgz, with its Shiba Inu mascot jumping on the Base and the “Share to Earn” campaign, has a growing and active community, making it one of the major meme coin ICOs.

Base Dawgz Pre-Sale Information and Upcoming Staking

The total supply of DAWGZ is 8.45 billion, with 20% (1.69 billion) being sold during the pre-sale. The development team also plans to introduce staking soon, allocating 20% of the total tokens as staking rewards.

To participate in the pre-sale, connect your wallet to the Base Dawgz website. Since Base Dawgz is a multi-chain coin, you can choose your preferred network among Base, Ethereum, Avalanche, Binance Smart Chain, and Solana.

Select the supported coin on the chosen network to purchase DAWGZ. The base chain supports ETH and USDC, Ethereum supports ETH and USDT, Solana supports SOL, Binance Smart Chain supports BNB and USDT, and Avalanche supports AVAX.

The project team has requested a smart contract audit from Solidproof, confirming that there are no significant vulnerabilities in Base Dawgz.

For the latest news on the Base Dawgz community, check out X and Telegram.

Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on this information. The content should be interpreted for informational purposes only. We may receive commissions for the mentioned products.

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