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A new multi-chain meme coin – Base Dawgz ($DAWGZ) – has raised over $1.75 million in its ongoing presale and is well on its way to hitting the $2 million milestone over the coming days.
Despite the crypto market crash and the weakness in large-cap altcoins, experts remain highly optimistic regarding the long-term prospects of the meme coin sector.
Popular crypto investor Whale Everything (@WhaleEverything) projects that meme coins are set to start their next bull rally in the coming days.
Memecoins About To Pump.
— WHALE EVERYTHING (@WhaleEverything) June 18, 2024
Similarly, PetaByte (@PetaByteCapital) – a popular analyst with over 70k followers on X – believes that the next wave up for meme coins would be “life-changing”.
The next wave upwards on meme coins is going to be life changing.
Nothing else will print like memes.
— Peta₿yte (@PetaByteCapital) June 17, 2024
Experts also believe that Base Dawgz could be one of the top-performing tokens once the bull market starts, making it one of the best meme coins to buy in the current dip.
Is Base Dawgz One Of The Best Meme Coins To Buy The Dip
Base Dawgz has been witnessing strong demand from the very start of its presale, both from smart money investors and retailers alike. After all, it has already raised over $1.75 million in just over two weeks, signalling high upside price potential.
As such, meme coins on the Base chain are in the spotlight, especially after Brett’s explosive price rally over the past month. Despite the significant selling pressure on the meme coin market, BRETT is up by over 200% in the past 30 days.
The message is quite clear – Base meme coins have the same unique selling points as their Solana counterparts, i.e. low trading fees and high scalability. Furthermore, Base – being a Layer-2 venture of Coinbase – could see much higher user adoption.
Smart money traders have identified that the Base meme coin meta is still in its early days. Indeed, Brett is the only meme coin with a market capitalization of over $1 billion while only two other Base tokens have a valuation north of $100 million. Interestingly, none of the three are dog-themed meme coins.
Consequently, Base Dawgz could see substantial interest amongst meme coin enthusiasts, as is already evident from its presale.
To further increase its visibility and brand awareness amongst potential investors, DAWGZ has adopted a multi-chain status. Besides Base, the new meme coin is live on Ethereum, Solana, Avalanche and BNB Smart Chain.
Every blockchain has its own DEXs, CEXs and meme coin trackers. The developer team behind DAWGZ has revealed that it would look to launch the meme coin on as many such platforms as possible, thus maximizing its upside potential.
Owing to its multi-chain status, Base Dawgz has already drawn comparisons to Brett from experts.
DAWGZ Boasts Strong Fundamentals With Its Innovative Share-to-Earn, Staking Protocol
Being a high-utility meme coin, Base Dawgz is looking to build strong community backing rather than banking on hype alone, further establishing itself as one of the best meme coins to buy.
For instance, it has introduced a revolutionary share-to-earn concept, which will reward investors for increasing the meme coin’s popularity online. They can share DAWGZ-related content on social media – whether it be memes or the latest updates – and earn free crypto.
Similarly, investors can create their own referral link from the Base Dawgz website and receive a percentage of the investment made through it during the presale.
Finally, token holders can stake their holdings in the Base Dawgz stake-to-earn protocol and earn attractive passive income. Interested participants can follow the project on its X or Telegram accounts and be the first to know when the staking program goes live on Ethereum.
How to Buy DAWGZ Before Its Presale Price Increases
The Base Dawgz presale has adopted a multi-tier approach to reward the early buyers. As a result, the meme coin’s price increases after the conclusion of each presale stage.
The next price hike is scheduled for June 25th, leaving interested buyers a little over 6 days to buy the token.
They can visit the Base Dawgz presale website and connect their wallets using the over-the-counter widget.
Owing to its meme coin nature, investors can buy DAWGZ by swapping any of ETH, BNB, USDT, AVAX or SOL. Alternatively, they can also use a bank card.
Visit Base Dawgz Presale
*Cryptonomist did not write the article or test the platform.