Crypto investors can’t get enough of meme coins.
The latest one causing a stir is Base Dawgz (DAWGZ) – a multi-chain coin that’s raised millions in its presale.
And some investors are wondering if it could be the next big thing like the Base chain token Brett (BRETT).
Base Dawgz – Unleashing the Power of Multi-Chain Functionality
So, what exactly is Base Dawgz?
It’s a meme coin inspired by the spirit of base jumping and the iconic Shiba Inu “Doge” meme.
But it’s not just a useless token – it has some tricks up its sleeve.
Most notably, Base Dawgz can operate seamlessly on multiple blockchains, including Base, Ethereum, Solana, BNB Chain, and Avalanche.
The coin’s cross-chain functionality is its key selling point since it allows DAWGZ to tap into a wider pool of liquidity, potentially boosting trading volumes.
Base Dawgz also has a staking protocol for DAWGZ.
This protocol offers estimated annual rewards of 806% for those happy to lock up their tokens.
Over 209 million DAWGZ have already been staked – representing 37% of the total tokens sold in presale.
With plans to expand this ecosystem further, Base Dawgz is beginning to attract attention from all corners of the market.
Its Telegram channel now has more than 8,900 active members.
And DAWGZ has even been mentioned in articles from top-tier crypto publications like CoinMarketCap and 99Bitcoins.
DAWGZ Ready for Takeoff as Presale Nears $3M Mark
The market has taken notice of Base Dawgz’s hype.
At the time of writing, the project is nearing the $3 million milestone in presale funding.
That’s an impressive achievement and highlights the level of investor interest in Base Dawgz.
As the whitepaper outlines, 20% of the total DAWGZ supply has been set aside for presale buyers.
This means one-fifth of all tokens will be in the hands of the community.
A further 15% chunk will be used for marketing – critical to ensuring Base Dawgz can continue growing its community of supporters.
The remainder of the DAWGZ tokens have been allocated for DEX listings, staking payouts, and mysterious “DAWGZ Rewards.”
These DEX listings are already on investors’ radars.
Presale coins typically do well when they first launch on DEXs, thanks to the pent-up demand.
And since there’s already a pool of DAWGZ tokens reserved for liquidity, there’s a good chance trading conditions will be smooth right out of the gate.
Can Base Dawgz Follow in BRETT’s Footsteps on the Base Chain?
Beyond the impressive presale performance, Base Dawgz has also managed to generate hype online.
The DAWGZ community is particularly active on Twitter, with the project’s official account now boasting 5,800 followers.
This growing social media presence has allowed Base Dawgz to tap into the power of crypto influencers.
Several popular names have already started covering DAWGZ.
For example, YouTuber ClayBro said that DAWGZ could offer “incredible returns.”
Crypto guru Matthew Perry even compared it to the BRETT coin.
This comparison to BRETT is one of the main reasons for all the hype around Base Dawgz.
For those unaware, BRETT is the largest meme coin on the Base chain, with a market cap of over $900 million.
It was recently listed on Upbit – South Korea’s largest crypto exchange.
And Binance even launched perpetual futures contracts for it this week.
So, by being compared to BRETT, Base Dawgz has begun to gain attention from investors who see it as the next potential moonshot on the Base chain.
If DAWGZ was to achieve even a fraction of BRETT’s success, it could be a game-changer for Base.
That’s why so many people are watching Base Dawgz as its presale continues picking up steam.
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Felix Mollen
https://cryptopotato.com/cross-chain-meme-coin-base-dawgz-raises-millions-in-presale-could-dawgz-be-the-next-brett/
2024-08-22 18:25:49