The new meme coin on the Base chain - Base Dawgz ($DAWGZ) - has raised over $1.75 million in its ICO.
DAWGZ reaching this milestone in just over two weeks has caught the attention of crypto influencers and deep-pocketed meme coin investors.
Praising its upside potential in a recent video, the popular YouTube channel 99Bitcoins - which has over 700k subscribers - has called Base Dawgz the next 100x meme coin.
Base Meme Coins In High Demand
Base meme coins are presenting stiff competition to their Solana counterparts.
Base - Coinbase’s Layer-2 venture - has seen significant adoption since its launch. A recent report from CryptoSlate reveals the impressive surge in Base’s users and scalability could threaten Solana’s established hegemony.
Furthermore, with Coinbase looking to integrate Base in more of its services, the meme coins on the Layer-2 chain could benefit from the exchange’s 140 million users.
Experts have also identified that Base Dawgz would likely face little competition on the chain. Indeed, Brett is the only Base meme coin to have a market capitalization of over $1 billion, while only two other tokens have a valuation north of $100 million.
More importantly, none of them are dog-themed tokens. The top dog meme coin on Base is Basenji, which has a market cap of just $45 million and has corrected over 35% in the past week.
As a result, DAWGZ is already drawing comparisons to Brett as the next Base meme coin to explode.
How DAWGZ Differs From Other Base Tokens
Base Dawgz has adopted strong fundamentals to separate itself from other Base competitors.
For one, DAWGZ is incentivizing investors to promote the meme coin online through its innovative share-to-earn program. Interested participants can share relevant content on their social media platforms and earn airdrop points, which could later be exchanged for $DAWGZ tokens at the end of the presale.
Similarly, investors will receive a percentage of each presale investment made through their own custom link, which they can create from the Base Dawgz website.
To further incentivize $DAWGZ holders, the project will soon launch a staking protocol on Ethereum. Investors can stake their holdings and earn attractive passive income.
Finally, the developer team behind the project has taken steps to eliminate all common concerns that are often associated with new meme coins. For instance, the token smart contract has been audited by Solid Proof, which did not reveal any vulnerabilities or centralization risks.
Furthermore, investors can contact the developer team, either through the project email or via its Telegram. They can also follow the Base Dawgz X account for all the latest updates.
How to Buy This Next 100x Meme Coin Early?
The aforementioned 99Bitcoins YouTube team is not the only one bullish on Base Dawg. Influencers such as Crypto Boy have also called it the next 100x meme coin.
Investors looking to take maximum advantage of Base Dawgz can buy it early during the ongoing presale, preferably before June 25th when its price is scheduled to hike.
Interested buyers simply need to connect their wallets with the over-the-counter widget on the Base Dawgz website. To simplify the buying procedure and to reach maximum potential investors, DAWGZ has adopted a multi-chain status.
The meme coin is live on Base, Ethereum, Solana, BNB Smart Chain and Avalanche. This means that buyers can swap any of USDT, ETH, SOL, BNB and AVAX to purchase DAWGZ. Alternatively, they can use a bank card.
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