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One of the fastest growing cryptocurrencies – Base Dawgz (DAWGZ) – has hit another major milestone. The new meme coin has now raised over $1 million is its presale in just over a week.Â
Base meme coins are growing quickly in demand, largely due to Brett’s explosive rally. Brett – the top Base token – has surged close to 400% over the past month and has a market capitalization close to $1.7 billion.
Experts are now backing Base Dawgz to replicate Brett’s meteoric ascent, considering its early presale performance and strong fundamentals.
Base Dawgz – The Fastest Growing Cryptocurrency On Base
Despite Brett’s bullish price action, the Base meme coin sector is largely untapped.
Experts believe that Base tokens have the potential to outperform Solana meme coins in the long term, considering that the former can onboard 100 to 200 million users from the Coinbase exchange.
And yet, only one Base token today has a market cap of over $1 billion while only two tokens have a valuation of over $100 million. Even more surprising is that none of the top three tokens on the chain are dog-themed meme coins.
DAWGZ is strategically positioned to fill this vacuum and emerge as one of the top Base meme coins.
However, the new meme coin’s reach is not limited to Base itself. Rather, it has adopted a multi-chain nature and is already live on Solana, Ethereum, BNB Smart Chain and Avalanche.
Multi-chain meme tokens are becoming the new meta, considering they go live on popular DEXs and CEXs of each exchange. This strategy affords them maximum visibility across chains, which leads to more investors and higher growth.
It also makes it easier for investors to purchase the token. For instance, interest buyers can purchase DAWGZ during its ongoing presale by swapping any of ETH, BNB, SOL, USDT or AVAX. It’s, therefore, no surprise that DAWGZ is one of the fastest growing cryptocurrencies on Base.
However, certain features are accessible only on specific chains. For instance, Base Dawgz’s staking protocol will go live on ETH and will only be available for investors buying the meme coin with ETH.
Nevertheless, investors will easily be able to switch their holdings across chains, thanks to the project’s use of advanced Web3 tools such as Wormhole and Portal Bridge that enable seamless interoperability.
Dawgz Boasts Impressive Fundamentals – Share-to-earn, Tokenomics, Audit
Unlike most run-of-the-mill meme coins, Base Dawgz is not aiming to rely solely on hype. Instead, it has adopted strong fundamentals to attract meme coin investors, both retailers and deep-pocketed ones alike.
For instance, DAWGZ has introduced a novel share-to-earn program, offering free crypto to investors in exchange for popularizing the meme coin on social media.
Interested participants can share Base Dawgz-related content – including memes and the latest project updates – on their social media and earn points. These points can later be redeemed for additional $DAWGZ tokens.
Alternatively, investors can create their own referral links from the Base Dawgz website. They can then receive a percentage of each presale investment made through their links.
Not only can the participants earn free crypto through this share-to-earn program, but they would also be contributing to DAWGZ’s growing demand, which in turn would increase the value of their holdings.
Additionally, Base Dawgz has adopted community-centric tokenomics, with no separate allocation for the developer team or any private sale.
In fact, 55% of the token supply is explicitly reserved for investors – 20% for the ongoing presale, 20% for staking rewards and another 15% for additional community rewards. The remaining tokens will allocated towards liquidity, exchange listings and marketing.
Finally, the DAWGZ smart contract has been audited by Solid Proof, which revealed no vulnerabilities or centralization risks.
How To Buy Base Dawgz In Presale?
As previously stated, Base Dawgz is one of the fastest growing cryptocurrencies. However, this means that its presale is selling out extremely quickly.
Smart money traders and crypto influencers are also fueling the FOMO, with popular trader ClayBro recently stating that Base Dawgz could create millionaires.
Interested buyers have a short window to get in on Base Dawgz early. They can head to its presale website and use the over-the-counter widget to buy the new meme coin.
They are also advised to follow the Base Dawgz X and Telegram accounts to keep up with the latest updates.
*Cryptonomist did not write the article or test the platform.
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