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Brett, leading memecoin on Base, nears $0.2. Base Dawgz gains momentum with $700K raised in presale.
Brett, the largest memecoin on Base, has enjoyed relentless success this week as it approaches the $0.2 mark. Meanwhile, another Base memecoin, Base Dawgz (DAWGZ), is also gaining pace after raising over $700K in the first few days of its presale.
Brett price soars after Coinbase unleashes smart wallet
Brett is spearheading Base’s bullish trajectory following the launch of Coinbase’s Smart Wallet. Currently, Brett is trading at $0.1727, up 1.9% today, 82% this week, and 369% this month. It holds a $1.7 billion market cap and a $122 million 24-hour trading volume, up 33% today.
Brett’s market cap makes it the most valuable token on Base, Coinbase’s Ethereum layer 2 scaling solution.
Its frontrunning position on Base has proved advantageous this week, with Coinbase announcing the launch of its Smart Wallet.
The wait is over. Smart wallets are here. pic.twitter.com/jtXUNu1dq3
— Coinbase Wallet 🛡️ (@CoinbaseWallet) June 5, 2024
The wallet makes it easy for Coinbase’s 110 million users to access the Base network, providing Brett and other ecosystem tokens with unparalleled potential to attract investments. Moreover, the new Smart Wallet does not require users to download an additional app, and they do not need to manage a recovery phrase. Instead, the wallet can be accessed with Face ID, users’ Google Chrome profiles, fingerprint ID, or Yubikey.
An accompanying web app will allow users to access the Smart Wallet and trade cryptocurrencies and NFTs. Market commentator Cygaar covered the user experience of Base’s new Smart Wallet in a recent video, dubbing it a “game changer.”
Just tested Coinbase Smart Wallet for the first time. This is an absolute game changer.Went from no wallet (no extension) to minting an NFT in 20 seconds. All while signing securely with Touch ID.This is how we bring mass retail onchain, huge kudos to the Coinbase team. pic.twitter.com/3BL9gaxNbT
— cygaar (@0xCygaar) May 24, 2024
The Smart Wallet promises to broaden the horizon for Base projects like Brett, and analysts are taking note. AJ anticipates Brett could flip Pepe’s market cap, citing the Smart Wallet as a key contributor to its bullish outlook. Currently, Pepe holds a $5.2 billion market cap, presenting Brett with room for approximately a 3x.
$BRETT can and might flip $PEPE in short term. Yea I said it. Why short term? $PEPE sits at a 5.1 Billion market cap.$BRETT is about to break 2 Billion. BASE Onchain Summer just began, Smart wallet, extreme marketing and onboarding. $BRETT has sealed it's position as #1… pic.twitter.com/BKy44fREEL
— ΛJ⚡️ (@ajsabbah) June 9, 2024
But while the future looks bright for Brett, the broader Base ecosystem is also on the up. For instance, Basenji has jumped over 300% this week, while ChompCoin is up over 200%. Meanwhile, the new presale token Base Dawgz has cruised past $700K. Could this be the next big memecoin on Base?
You might also like: New Base memecoin DAWGZ launches presale and raises $200k
Could Base Dawgz be the Next 10X Base Meme Coin?
Unlike anything else the Base network has seen, Base Dawgz is ushering in a plethora of high-octane unique features. Starting with its staking rewards, users will be incentivized to lock their tokens in the project’s smart contract for passive rewards. This bolsters the token’s supply and demand dynamics, minimizing sell pressure while providing a new demand stream.
And Base Dawgz is not tied down to the Base network. By leveraging cross-chain technology, the project is available on Ethereum, Solana, Avalanche, and BSC. This amplifies its community growth potential while removing the risk of users migrating between blockchains. The project is also running an airdrop campaign under the term “refer and earn.”
Community members can generate a referral code and share it on social media to earn commissions. They will earn 5% of each successful investment, paid in DAWGZ at the end of the presale. Having raised $700K so far, Base Dawgz is set to enjoy a prosperous exchange listing.
In a recent analysis, prominent trader Matthew Perry suggested it might be the next Brett.
Currently, investors can buy DAWGZ for $0.00479, but this price is expected to increase throughout the campaign. The next uptick will occur in 22 hours.
For more information, visit the Base Dawgz presale website.
Read more: New Base memecoin DAWGZ launches presale and raises $200k
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