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Traders are turning to Base Dawgz, a multichain memecoin. Its presale has raised over $2.7M.
As the crypto market teeters between fear and greed, traders are turning to the new memecoin Base Dawgz (DAWGZ).
Inspired by a fun Base-jumping Shiba Inu dog, Base Dawgz is a multichain memecoin with utility. It is currently undergoing a presale, and investors can buy at a big discount today.
So far, the presale has raised over $2.7 million. The price is $0.007061, but this will rise throughout the campaign with the next increase in three days.
Multichain functionality is a game-changer for DAWGZ
With Coinbase’s Base chain as its primary network, Base Dawgz is in the right place at the right time. Ever since the launch of Coinbase’s Smart Wallet, the Base network has been thriving.
As it stands, the network’s market cap is $36 billion, and $32 billion of that is in stablecoins. That’s a massive pool of cash sitting and waiting to be deployed.
As the crypto bull market resumes, this stablecoin liquidity will likely trickle into risk-on assets, and Base Dawgz could be one of the biggest benefactors. But DAWGZ won’t only be available on Base.
Its chain-jumping abilities mean it is also available on Ethereum, Solana, BSC, and Avalanche. So, no matter where liquidity flows, Base Dawgz will be able to absorb it and keep on growing. No wonder investors have already sunk $2.7 million into its presale.
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Staking rewards and referral commissions with Base Dawgz
Base Dawgz offers much more than your average memecoin. It has multiple utilities, not least is its staking mechanism and the massive passive rewards it entails. Today, staking offers a generous APY of 975%.
While this will decrease as the staking pool grows, today’s rewards could provide massive gains. It’s averaging a 2.6% return per day. In other words, a $10K investment would provide $260 each day, and that’s not even factoring in DAWGZ’s potential for price appreciation.
And that’s not the only way to earn from the Base Dawgz presale. Its refer-to-earn scheme is another. The project is running an airdrop, and investors can gain points by referring friends to the presale.
Generate a referral code on the project’s website and share it with friends directly or post it on social media.
Users will accrue points for each successful referral, making them eligible to earn more DAWGZ tokens. Base Dawgz is a memecoin unlike any other. From its widespread accessibility to its heavy focus on community rewards, there’s a lot to be excited about.
That’s why analysts are backing it for huge gains. Here’s what the Cryptonews channel thinks:
In a recent video, Cryptonews’ in-house analyst underscored Base Dawgz’s $2.7 million total raise.
“When a project raises this amount of money, it’s a very good indication of how well it will do at launch.”
The analyst also speculates that DAWGZ could see up to 100x gains
Crypto market jitters, but investors keep buying DAWGZ
After weeks of bullish momentum, the crypto market has fallen back this week. It’s a consequence of the defunct exchange Mt. Gox distributed $2 billion worth of Bitcoin to users late on Tuesday.
CoinMarketCap’s Fear and Greed index has slid from greed to neutral, indicating that traders have become more apprehensive about the market’s future direction.
Nevertheless, investors continue to flood the Base Dawgz presale, solidifying its position as one of 2024’s most promising memecoins.
With a suite of standout features and rampant early momentum, this new presale has an exciting future ahead.
And investors need not worry. Base Dawgz received a smart contract audit from blockchain sleuth Solid Proof, who found the project is secure and not at risk of rug pulls. It’s an exciting time for Base Dawgz, but prospective buyers should act fast to secure the best price.
For more information, visit Base Dawgz’s presale website or follow the project on Telegram and X for the latest updates.
Read more: New Base memecoin DAWGZ launches presale and raises $200k
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