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As the Bonk (BONK) price plummets and risks falling below its 200DMA, Bonk holders are making significant investments in a new ICO named Base Dawgz (DAWGZ), with some speculating it could achieve 100x returns.
The mood in the cryptocurrency markets is quite negative at the moment, and BONK is on the verge of a 20% decline back to recent lows near $0.000018.
BONKUSD / Source: TradingView
It is not surprising that eager Bonk holders are exploring other options.
One intriguing new meme coin that may be worth considering is the ICO called Base Dawgz.
Base Dawgz (DAWGZ), a fresh meme coin on the Base network, features a playful base-jumping Shiba Inu cartoon character that traverses the five most utilized blockchains (excluding Bitcoin).
These blockchains consist of Base, Ethereum, BNB, Avalanche, and Solana.
Since the presale commenced a few months ago, investors have been eager to participate.
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The new dog-themed ICO has amassed nearly $2.8 million. Early interest is strong!
We pushing for 3M this week $DAWGZ? pic.twitter.com/FDXspxqcis
— Base Dawgz (@BaseDawgz) July 28, 2024
Currently, DAWGZ is priced at $0.007061, but this price is expected to increase soon, prompting potential investors to act swiftly.
Visit Base Dawgz Here
Crypto Experts Endorse New ICO Base Dawgz – Here’s Why
Crypto experts are supporting the new ICO Base Dawgz. The Cryptonews team of in-house analysts dedicates considerable time analyzing the meme coin sector.
They are strong advocates for DAWGZ, ranking the new ICO Base Dawgz among the 16 top meme coins to consider purchasing at this time.
Cryptonews.com analyst Chester elaborates on this optimistic perspective and explains why he believes DAWGZ has the potential for 100x growth.
Base Dawgz – A Potential Passive Income Opportunity?
Base Dawgz is not merely a blockchain-hopping coin.
It also presents a passive income opportunity, attracting significant attention from DeFi enthusiasts.
According to the meme coin’s official website, the current APY for presale investors who stake their tokens stands at 1,034%.
Staking $DAWGZ is the best way to earn some extra cash while you wait for the presale to conclude
If you’re seeking enlightenment or are an active thrill-seeker, this is for you. pic.twitter.com/ggM1ibSgZd
— Base Dawgz (@BaseDawgz) July 22, 2024
This implies that investors could potentially double or triple their presale DAWGZ holdings within just a few weeks prior to the token’s launch.
This yield is sourced from the 20% of the DAWGZ supply designated for staking rewards.
Prospective investors should also be aware that DAWGZ is implementing an airdrop initiative.
X users can earn points by promoting Base Dawgz, as detailed on the official website.
Dawgz has surpassed 5,000 followers!
Perhaps all the individuals who exited crypto last week are beginning to see the light now
pic.twitter.com/iINbZ2Wz1W
— Base Dawgz (@BaseDawgz) July 18, 2024
DAWGZ’s modest valuation and passive income prospects indicate a favorable risk-reward scenario.
It certainly ranks among the top Base chain meme coins to consider purchasing.
Buy DAWGZ Here
The post 100x Gains? Bonk Holders Bet Big on This New ICO appeared first on Cryptonews.
