New Base Meme Coin Base Dawgz Achieves $2.2M in Presale, Set to Potentially Drive the Upcoming Meme Coin Bull Market?

Meme coin Base Dawgz ($DAWGZ) has navigated the market decline, amassing over $2.2 million in under a month since its inception.

As the meme coin sector begins to recover, investors are on the lookout for the next leading candidate to emerge, with new meme coins on the Base chain drawing their attention.

They are in search of a contender that can emulate the success of Brett ($BRETT) or even exceed it – and it is evident that Base Dawgz fits this description.

The recent interest Base Dawgz has attracted through its expanding community and notable fundraising efforts has caught the attention of even the most dedicated Solana meme coin enthusiasts – potentially leaving them anxious about the future of their favored dogwifhat ($WIF) tokens.

Compounding their concerns, Base Dawgz’s $DAWGZ presale is still in progress. Initially priced at $0.00479, it has now risen to $0.005534.

Investors are advised to act quickly, as the opportunity to purchase at this lower price will diminish in less than four days.

2.1 MILLION

LFG $DAWGZ! pic.twitter.com/6VaaCciU9E

— Base Dawgz (@BaseDawgz) June 25, 2024

Are meme coins making a return?

Meme coins are experiencing a resurgence following a month-long slump that began in late May.

$WIF has increased by 2.9% in the last 24 hours, while Bonk ($BONK) has risen by 10.07%, and $BRETT has recorded a 5.8% gain.

It seems the momentum has finally shifted, prompting investors to seize the opportunity while it lasts.

However, opting for the more established tokens in the sector may limit potential profits, as much of their price movement has already transpired. In other words, they might be nearing their peak.

Searching for tokens that have flown under the radar of the broader industry would be a more advantageous strategy – particularly for those seeking substantial gains. Yet, these tokens must possess essential qualities to resonate with the entire crypto community.

Consider the recurring theme among the leading meme coins — they all feature dogs!

It appears the crypto community has developed a strong affinity for these canine companions, with dog-themed coins claiming a significant 74.6% or $34 billion share of the $44 billion meme coin market cap.

However, it is not just any dog that is in the limelight. Crypto enthusiasts seem especially captivated by the Shiba Inu breed, largely due to the antics of Dogecoin ($DOGE).

Community growth is equally crucial. Projects with vibrant communities not only gain traction but also enhance overall market awareness, paving the way for success.

Base Dawgz has effectively harnessed these elements with an adventurous, high-flying version of the Shiba Inu dog as its mascot, while also leveraging the excitement of the flourishing Base chain community – which is now a formidable competitor to Solana as the preferred platform for meme coin ICOs.

Base is surpassing Solana – an opportunity for base meme coins to shine like $DAWGZ

For those in the know, Base has been gaining on Solana as it becomes the favored launchpad for meme tokens.

While Solana still retains this title, Ethereum’s recent Dencun upgrade has provided Base with advantages in transaction speed and cost efficiency. This positions Base as the new, optimal choice for launching tokens in the meme coin arena.

A clear indication of Solana’s diminishing grip is reflected in the market cap comparison between its “beta dog,” $BONK, and $BRETT.

Recently, $BRETT briefly overtook $BONK, but following a price surge, $BONK regained its position above $BRETT, commanding a market cap of $1.6 billion, slightly ahead of $BRETT’s $1.56 billion.

This is significant for $BRETT, as its next target – if it prevails in the competition against $BONK – is none other than $WIF.

On a broader scale, another indicator of Base closing in on Solana is the Total Value Locked (TVL), which favors the Layer 2 chain.

The data from DefiLlama, illustrated in the chart below, shows how Base has rapidly gained traction in less than a year, now boasting a TVL of $1.56 billion, while Solana stands at $4.41 billion. Notably, Solana has not reached its peak TVL levels since 2021.

Compare Chains – DefiLlama

With Solana losing its market share to Base, the opportunity is ripe for Base tokens to shine.

Brett may appear to be a solid investment with its recent 127% increase in a month.

However, since February, it has already soared by an astonishing 133,316%. Doubling your investment is still very much achievable. But anticipating another 130,000% surge? That may be overly ambitious.

Base Dawgz is set to be the next significant Base chain moonshot.

Why? It is not limited to just one blockchain. Base Dawgz aims for omnipresence across various chains.

The $DAWGZ token will be minted on Base and, utilizing Wormhole and Portal Bridge technology, can be claimed, stored, and traded across Ethereum, Solana, Binance Smart Chain, and Avalanche.

With $DAWGZ available across multiple chains, it unlocks enhanced liquidity, facilitating easier buying, selling, and trading regardless of the wallet.

This increased accessibility not only encourages more active trading but also promises greater opportunities for profits.

Base Dawgz rewards its community

As previously mentioned, community growth is vital for the success of meme coins, and Base Dawgz recognizes this, much like Brett does.

To empower its community and support its presale, Base Dawgz will be launching a social rewards program, motivating members to share all things Base Dawgz on their social media platforms.

Every meme and post they share earns them points, which can later be exchanged for additional $DAWGZ tokens once the presale concludes – a true reward for loyalty!

This may explain why Base Dawgz has rapidly grown to 4,000 followers on X and achieved its remarkable presale funding.

Moreover, being part of Base, developed by Coinbase, places it in an advantageous position to access Coinbase’s extensive user base of 98 million users on their centralized exchange.

It is no surprise that Mike Williams, a well-known YouTuber with 6,000 subscribers, views Base Dawgz as the next significant opportunity on Base.

About 1.69 billion DAWGZ available in the presale, staking features to be introduced soon

Base Dawgz has set aside 20% of its total supply of 8.45 billion tokens, equating to 1.69 billion tokens, for its presale. It will soon introduce staking features, allocating another 20% of the token supply.

To take part in the presale, visit Base Dawgz’s website and connect your wallet. Being multi-chain, buyers can select their preferred network from Base, Ethereum, Solana, Avalanche, or BSC.

Once the network is chosen, users can purchase tokens using Base (ETH, USDC), ETH (ETH/USDT), SOL, BSC (BNB/USDT), or AVAX.

Potential investors need not be concerned about the security of the Base Dawgz smart contract as it has been fully audited by Solid Proof.

Stay informed on the latest news and developments by joining Base Dawgz’s community on X and Telegram.

Invest now in $DAWGZ tokens before it takes the lead as the new alpha on Base.

Buy DAWGZ Here

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