The crypto market has tumbled today, but that has not stopped the new Base Dawgz presale from adding over $200K in the last 24 hours.
After a week of rampant success, the presale’s total raise now sits at $1 million, making it one of the hottest emerging meme coins.
Base Dawgz ($DAWGZ) presale is ongoing and is currently priced at $0.00502. However, this price will rise throughout the campaign, so those seeking the most upside potential should act quickly.
Well done to all the $DAWGZ on raising the first million
Now we can take all of you skydiving pic.twitter.com/eIPDUTOrQ9
— Base Dawgz (@BaseDawgz) June 12, 2024
Base Dawgz takes hold of the Base meme coin frenzy
The meme coin meta continues to fuel crypto excitement, but no ecosystem has provided more opportunity this month than Base.
Its frontrunning meme coin, Brett, has led the movement, up over 300% this month.
Meanwhile, ecosystem plays like Basenji and ChompCoin have tasted parabolic gains this week, up 89% and 188%, respectively.
This comes following the release of Coinbase’s Smart Wallet, which provides seamless access to Base to the exchange’s 110 million users.
They will not need to manage seed phrases or download an additional app, making it highly appealing and beginner friendly.
The wait is over. Smart wallets are here. pic.twitter.com/jtXUNu1dq3
— Coinbase Wallet (@CoinbaseWallet) June 5, 2024
According to CoinGecko data, the Base meme coin market has a valuation of $2.4 billion, providing ample liquidity for Base Dawgz to flourish.
Given that Coinbase launched the Smart Wallet this week, the timing of Base Dawgz’s presale couldn’t be better.
But while aiming to emulate the success of other Base meme coins, the Base Dawgz team is not leaving it to chance.
The token is designed to operate across multiple blockchains, rendering it versatile and widely accessible.
In addition to its primary residence of Base, $DAWGZ is available on Ethereum, Solana, Avalanche, and BSC.
This multichain functionality is an insight into team’s efforts to create a decentralized, community-driven, and popular meme coin.
However, a handful of other utilities add to the project’s bullish outlook.
Refer-and-earn and staking rewards skyrocket Base Dawgz’s community growth potential
While Base Dawgz’s ability to jump between blockchains is interesting, it’s the project’s refer-and-earn mechanism that sets it apart.
The concept is simple: community members can earn commission by referring others to the project.
They can create social media posts, memes or come up with other creative ways to spread the project’s word.
Each successful referral will earn 10% of the presale investment, paid in USDT at the end of the ICO.
It’s an ingenious marketing strategy that deepens the community’s connection to the project.
While providing community members with an income stream, refer-and-earn also helps expand the community, which translates to higher price potential.
And the team looks to build on this community appeal with a staking mechanism.
It has kept the actualities of staking under wraps so far, but its website reveals that 20% of the token’s total supply will be distributed to stakers.
Another 40% will be evenly split between the presale and exchange liquidity, and the remaining tokens will go toward marketing, community rewards, and securing exchange listings.
Industry experts weigh in on $DAWGZ’s potential – next meme coin to explode?
It’s not only investors drawn to the Base Dawgz’s presale.
$DAWGZ’s out-the-gate success has also drawn interest from some of crypto’s leading personalities.
One of those is Jacob Bury, who speculates that maajor gains are on the horizon.
Others, including Matthew Perry and ClayBro, have also provided favorable coverage for the presale.
With such hype, it is clear that Base Dawgz has the appeal to go mainstream and become one of crypto’s next big meme coins.
Its unique innovations and favorable juncture on Base only strengthen its upper hand over other meme coins.
This is also reflected in the project’s relative strength, soaring past $1 million in a single week while the broader market struggles.
However, with price increases entrenched into the Base Dawgz presale structure, prospective buyers should take action early to secure the best value.
Users can follow Base Dawgz on X or join its Telegram to keep updated. Alternatively, they can visit its website to check the presale.
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