The post Can This Viral Multichain Meme Coin 100X On IEO? Base Dawgz Presale Ends in 1 Day appeared first on Coinpedia Fintech News
The Base Dawgz ($DAWGZ) presale will end on 28 August at 6 PM UTC. Just one day remains for those yet to buy.
By intertwining cross-chain technology with the Shiba Inu meme, Base Dawgz is proving to be one of the market’s favourite new meme coins.
The presale has raised over $3 million so far, and investors continue to pour in. This is helped in no small way by trading activity heating up on some of its supported chains.
Base books 1 million daily active addresses, BSC boom – good news for Base Dawgz
Meme coins are often considered “beta plays” on their underpinning blockchain’s native coin i.e., they mimic the L1 coin’s price but with higher volatility.
You could think of Pepe as a beta on ETH or Dogwifhat as a beta on SOL.
But things get interesting with Base Dawgz – it’s not like other meme coins.
Base Dawgz harnesses multichain technology to launch on the five top smart contract-enabled blockchains: Base, Ethereum, Solana, BSC, and Avalanche.
This means Base Dawgz has access to more liquidity inflow and can ride more bullish narratives.
Right now, as its presale closes, a number of exciting events are taking shape across the industry that could allow $DAWGZ’s continued growth.
The project’s primary chain is the Ethereum layer 2 network Base.
And Base’s adoption is growing by the day.
This is reflected by the success of its leading project, Brett, which is now the market’s seventh-largest meme coin.
However, Base’s on-chain metrics are also thriving.
According to data from Growthepie, Base hit one million daily active addresses for the first time over the weekend.
This coincides with the launch of a new Base naming protocol called Basenames.
It’s similar to Ethereum’s Ethereum Name Service, which allows users to create customized wallet addresses or domain names.
Basenames are now liveClaim a unique base.eth username to make it easier to connect, collaborate, and contribute onchainhttps://t.co/HLCMYlV1fg pic.twitter.com/m5dfvbg3K9
— Base (@base) August 20, 2024
As the Base ecosystem develops, the opportunity for new projects like Base Dawgz widens.
At the same time, Base Dawgz can also tap into budding narratives on other blockchains.
For instance, Binance Smart Chain (BSC) is currently witnessing its own meme coin renaissance.
It was sparked by the launch of trading platform Four.meme last week.
BSC meme coin Simon’s Cat is spearheading the move, with over a 100% rally in seven days, reaching a $255 million market cap.
But again, as the BSC system grows, it bolsters the bullish outlook for Base Dawgz.
Shiba Inu for everyone: Base Dawgz has huge potential
Base has a frog-themed token (Brett) leading its meme coin sector, while a cat-themed joke token led the recent BSC pump.
This is all good, but the market has repeatedly shown what it likes most – meme coins based on the Shiba Inu dog.
Currently, five of the top six meme coins are Shiba Inu-themed.
But right now, Base and BSC are lacking their own – and this is where Base Dawgz comes in.
It’s a Shiba Inu-themed token that everyone can rally behind, regardless of whether they’re on Base, Ethereum, Solana, BSC, or Avalanche.
Analyst Austin Hilton says he invested in the project and that there’s “definitely something to it.”
“Great meme coin, already a great community behind it – this is one that I really like,” he said.
“I’ve seen these things go as high as 20x, and that’s why I’m investing in this.”
However, those yet to buy must act quickly.
The presale ends in one day, and then Base Dawgz will list on exchanges.
Presale investors can claim their $DAWGZ tokens from the presale website the same day it launches on exchanges.
Investors need not worry about the project’s security. Solid Proof, a third-party security company, rigorously audited Base Dawgz’s smart contract and found it safe and secure.
Don’t miss out. Follow Base Dawgz on X or join its Telegram for the latest updates. Otherwise, visit its website to buy and stake tokens.
Visit Base Dawgz Presale
