Base Dawgz presale breaks past $1.5M: Why investors are hoarding this cross-chain meme coin before it’s too late
Base Dawgz (DAWGZ) has smashed through another milestone this week. The latest meme coin craze has raised $1.5M+ in its presale.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} As the word spreads, investors have been hoarding the token to avoid paying a hefty price once it hits the exchanges. If the unfolding viral craze is any indication, Base Dawgs is one of the most important cryptocurrencies to watch now.
The extreme thrills of Base jumping
Base meme coins are a trending meme coin niche this year. As the name implies, Base Dawgz cleverly capitalises on the hype.The Shiba Inu-inspired meme coin has found its home on Coinbase’s Base chain to facilitate an efficient trading experience for the community. The blockchain is one of the fastest-growing crypto hubs in 2024. It is a secure, low-cost, builder-friendly Ethereum L2 designed to bring more users to the crypto market.
Spotlight WireThe timing of the project and the creative theme have helped it generate interest and amass investors in a remarkably short period.
Early investors rushing to the presale expect it to go on a wild surge after its release. Following in the footsteps of Base meme coin icons like Brett, Degen, and Toshi, $DAWGS could be big.
The Base blockchain is proving to be a fertile landscape for emerging meme coins.
The Shiba Inu mascot is a crowd-puller
While the key attractive point of Base Dawgz is its Base label, it has more going on for it.To begin with, Base Dawgz has opted for a quirky theme centred around an animated Shiba Inu dog dressed in a base-jumping suit and goggles. The hilarious mascot is an instant crowd-puller. But so is the Shiba Inu label.
The Shiba Inu community is known for its lasting strength. Although SHIB has had its ups and downs in the market, long-term Shiba Inu investors continue to hold onto the token. The sense of community among Shiba Inu investors is inspiring.
Spotlight WireBut with the lukewarm performance of Shiba Inu over the last few years, they are looking for new alternatives. With its market cap touching $13B now, the project is saturated. With a smaller room for returns, it struggles to appeal to new investors.
New meme coins like Base Dawgz, on the other hand, tap into the viral craze of the iconic Shiba Inu. Since the project is still in its early stages, new investors stand to benefit a lot from it.
The dog theme is a time-proven concept in the meme coin market. In fact, seven of the top 10 meme coins are dog coins.
Base Dawgz comes with multichain superpowers
DAWGZ has multichain capabilities, although it uses the Base label.The multichain structure will allow holders to smoothly transfer their tokens between networks like Ethereum, Solana, BNB Chain, and Avalanche.
The dynamic ecosystem will foster a fertile landscape for meme coin traders, allowing them to take advantage of various opportunities. Although DAWGZ has launched a staking mechanism, it is only available on Ethereum now. But soon, more networks will allow investors to earn passive income from the $DAWGZ holdings.
After the completion of the presale, the project will launch on multiple DEXs and CEXs.
Spotlight Wire
How to buy Base Dawgz?
Buying Base Dawgz is easy.The project is hosting a presale of $DAWGZ tokens on its official website. It will allow investors to grab the token before it hits popular exchanges. The discounted presale prices give low entry points into the project.
The presale page supports purchases in five different tokens, including popular ones like ETH, BNB, and SOL.
To get started, you should head to the official Base Dawgz website. Now you can connect your wallet to the presale page by clicking on the presale widget. The presale supports Base, Solana, Ethereum, BSC, or Avalanche chains for better accessibility. Now you can proceed with the purchase by entering the number of SOL, ETH, BNB, AVAX, USDT, or USDC you’d like to trade for $DAWGZ.
Approve the transaction in your wallet, and that’s it.
Once the presale is over and the claiming process is active, you can head back to the official website to collect your purchase. A more detailed explanation of the purchase process is published on the website. Investors can reach out to the Base Dawgz team on Telegram if they come across any issues during the purchase.
The community rewards are too good to miss
A community is the backbone of a meme coin. Strong communities take meme coins up the charts, pumping millions into market caps.To foster activity and engagement in the community, Base Dawgz has some attractive community programs coming. "Be Social for Airdrop" campaign, for example, is underpinned by a share-to-earn mechanism.
It encourages the community to spread the word about the project in exchange for attractive rewards. Creators of engaging posts earn attractive rewards through the program.
The Twitter and Telegram communities of Base Dawgz are fast expanding. The Twitter community has 2500+ members now. The Telegram community, on the other hand, has 1000+ members. In the coming days, the project is expected to reach thousands of new followers who believe in its vision to dominate the crypto charts.
Presale is now live: The price goes up in each new stage
The Base Dawgz presale is designed to encourage early investments. It unfolds in multiple stages, where each new stage is priced slightly higher than the previous stage.The price structure empowers investors to grab the token at discounted prices and maximise their potential returns through early entry.
Spotlight WireThe expanding online presence of Base Dawgz suggests that the presale is moving toward an early sell-out. Having raised $1.5M already, it won’t be live for long.
The presale was launched at just $0.00479. Each new stage of the presale will witness a short price surge.
The sizzling-hot narrative of the meme coin has exponential potential.
Visit the Base Dawgz presale
Disclaimer: The above content is non-editorial, and TIL (Times Internet Limited) hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not provide investment advisory services in any manner and the publication of this content does not mean TIL's or Economic Times endorsement. TIL strongly recommends the users to take all steps necessary to ascertain that any information and content provided is correct, updated and verified and/or speak with a qualified investment professional before making any investment decisions
#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
This story originally appeared on: India Times - Author:Faqs of Insurances