New Base Chain Meme Coin Base Dawgz Raises $200k Within Minutes Of ICO Launch: Will It Skyrocket Like Brett?

The Base Dawgz ($DAWGZ) meme coin launches in the present day, and in minutes, greater than $200,000 has already poured into its presale.

A extremely anticipated token launch, $DAWGZ performs to the potential of the highly effective Base chain and leverages the magnetic engaging energy of the meme coin canine theme – seven of the highest 10 meme cash have a doggie persona. 

As well as, Base Dawgz gives share-to-earn utility and will likely be introducing staking rewards at a later date.

Though a comparatively new chain, Base meme coin market capitalization is over $2 billion. 

Base Dawgz’s main house is on the Base chain, however as its web site states, $DAWGZ is impressed by the ‘spirit of base leaping’ and is interoperable on a number of chains. 

Alongside Base, Base Dawgz token additionally resides on Ethereum, Solana, BNB Chain and Avalanche. 

With $DAWGZ, customers can base bounce throughout blockchains, opening up the Coinbase-invented Layer 2 blockchain to merchants and customers of a number of chains and thereby widening its attraction.

At present priced at simply $0.00479 in Stage 1 of its presale, $DAWGZ will be purchased with ETH, SOL, BNB, AVAX and USDT.

In response to the web site’s countdown, there are solely six days earlier than the presale value rises. The Stage 2 value isn’t but identified, however that may doubtless encourage extra patrons to commit with the intention to lock within the lowest costs. 

Prepared to leap? $DAWGZ coming quickly… pic.twitter.com/637BKfMJFa

— Base Dawgz (@BaseDawgz) June 3, 2024

Base Dawgz Value May Explode Like BRETT, Up 11,902%?

Cash equivalent to DEGEN and social media token Good friend.tech have triggered a stir on Base. Specifically, the previous caught the attention of meme coin followers. Now Base Dawgz is subsequent up because the Base meme coin to development.

Though not but on the heights of WIF, BONK, TRUMP or BODEN Solana meme cash, the Base meme coin communities round BRETT, NORMIE and TOSHI are in the present day a drive to be reckoned with.

The market capitalization of DEGEN, the primary meme coin to make waves on Base when it launched 4 months in the past, soared to $810 million at its top.

That compares with the newer Base meme coin $BRETT, which on 2 June broke into value discovery with a brand new all-time excessive market cap of $1.27 billion. 

$BRETT continues to be buying and selling at ranges comfortably above $1 billion market cap, printing a value of $0.1182, up 22% prior to now 24 hours alone on the time of writing (4 June).

To not be missed out, $TOSHI has a chunky market cap valuation of $211 million and isn’t far off a return to its all-time highs

It’s truthful to say that $DAWGZ is making its debut on Base at a wonderful juncture, with Base meme cash like $BRETT powering greater. The $BRETT value is up 11,902% since its launch in March and 66% greater over the previous seven days. 

Base Dawgz Meme Coin Turbocharges The Cultural Phenomenon That Is Shiba Inu With Share-To-Earn And Multi-Chain Agility

Group members are on the middle of Base Dawgz’s advertising and marketing technique, due to its share-to-earn system that pays out level rewards for sharing $DAWGZ-centric content material on social media. 

Merely click on on the ‘refer and earn’ button on the homepage and join your pockets to generate your referral hyperlink. All these referring will obtain 5% of the quantity contributed by the referee.

All created and shared content material earns factors which are redeemable for $DAWGZ tokens. 

To start out incomes rewards, contributors might want to hyperlink their X account to confirm shared content material, declare the XP rewards factors, and redeem them for $DAWGZ. 

Base Dawgz is a virtuous circle that rewards neighborhood creativity, which, in flip, helps to develop the $DAWGZ neighborhood and the worth of the token.

Fifteen % of the entire token provide of 8,453,000,000 is put aside for $DAWGZ rewards. In the meantime 20% of the token provide will likely be out there for buy within the presale, 20% every for staking and liquidity, 15% earmarked to advertising and marketing and 10% listings.

The Base Dawgz good contract is audited by blockchain safety firm Stable Proof, which signifies the mission’s professionalism and safety.

Moreover, the contract isn’t upgradeable and is totally renounced, which implies the provision can’t be modified or backdoors launched into the code with dishonest intent. Suffice it to say that the Base Dawgz good contract can not burn or mint tokens.

Base Dawgz Poised To Be A Main Token On Base, Which Is Closing On Solana

Solana got here from nowhere to change into the dominant chain for launching meme cash, however might Base be the following launchpad of selection for cute, humorous viral meme cash?

In contrast to Solana which is a Layer 1 blockchain, Base is a Layer 2 for Ethereum. Ethereum Layer 2 protocols like Base exist to make Ethereum extra scalable, making transactions quicker and cheaper.

Though Base was solely launched in August final 12 months, it has already achieved transactions per second of as a lot as 400, which matches Solana. The devs promise but extra enchancment to come back. 

Solana has claimed real-time transactions per second (tps) of as much as 1,000, however the majority of these are literally failed transactions. The excessive ratio of failed transactions has been criticized as an element that undermines Solana’s hopes of turning into a dependable enterprise-ready rail for corporations seeking to undertake decentralized networks.

Base Dawgz Features From Low cost Charges, Extra Sturdy Safety On Base 

In terms of fuel charges, as a result of Base is a Layer 2 it has a separate execution charge that’s less expensive than the safety charge. The safety charge is barely paid when bundles of transactions are written to the Ethereum chain.

Though Solana’s proof-of-history protocol means charges may be cheaper, Base has the upside of utilizing the extra decentralized, and subsequently safer, Ethereum blockchain. 

On different fundamentals, there are vital variations that additional assist the long run growth potential of Base. 

Whereas Solana may nonetheless, for now, trump Base relating to on-chain transactions, by a really extensive margin (4.5 million to 53 million), it’s a completely different story on the fiat worth of transfers-in from distinctive lively wallets interacting with decentralized purposes (dApps). Right here Base pulls in $1.76 billion, rating it in fifth place amongst all chains, in opposition to $1.1 billion for Solana, in line with dappradar knowledge.

The distinctive lively wallets metric displays Base’s means to faucet into the quickly rising person base of Coinbase’s, which, in line with info final reported by the corporate in 2022, stood at 110 million customers globally.

Additionally, wanting on the whole worth locked (TVL) as a method of measuring the worth of a series, Base’s TVL has been trending greater since March this 12 months and now stands at $1.7 billion. 

Probably the most important bounce was between mid-March and April when TVL greater than doubled from $670 to $1.58 billion, in line with knowledge compiled by DefiLama. Solana’s TVL is $4.8 billion.

Furthermore, the worth of day by day transaction volumes on Base is $320 million, which is admittedly lower than half of Solana’s, on $733 million, however is nonetheless a formidable quantity for a series barely a 12 months previous.

Once more, these knowledge factors all translate into huge pluses for Base Dawgz.

Subsequent $BRETT On Base – Base Dawgz ($DAWGZ) To Supply 100x ROI?

Taken collectively, the chain fundamentals outlined above are all extremely encouraging indicators that Base may very well be the following favored chain for all issues meme cash. And, as a by-product, the mushrooming in meme coin transactions on the chain might spur wider adoption of Base by proving its common robustness.

All of this implies that Base Dawgz may be very a lot a meme coin in the fitting place on the proper time. Like with $BRETT, a 100x return on funding may very well be in view for $DAWGZ.

A quick-growing chain rising in recognition with meme coin merchants, profitable share-to-earn rewards, passive earnings from staking and the predominance of the Shiba Inu phenomenon within the high rankings of meme cash, means all the celebrities are aligned for an explosive launch for $DAWGZ. 

Don’t miss out on the following meme coin gem on Base – be part of the Base Dawgz neighborhood on X and Telegram. 

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