Article 6P8ES $DAWGZ Passes $2.5M Milestone; Will Base Dawgz Be The Next 100x Meme Coin On Base?

$DAWGZ Passes $2.5M Milestone; Will Base Dawgz Be The Next 100x Meme Coin On Base?

by
Lora Pance
from Techreport on (#6P8ES)
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  • Base, a Layer-2 (L2) Ethereum chain, experienced a 21.3% weekly total locked value (TVL) growth, the largest among the top 10 networks.
  • Brett ($BRETT) and Mog ($MOG) are top Base meme coin gainers, with 37% and 48% spikes in the past three days, respectively.
  • Base Dawgz ($DAWGZ) could be the next big Base token due to its early momentum, multichain interoperability, and solid community incentives.

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Following Donald Trump's assassination attempt, Bitcoin ($BTC) hit $64.8K for the first time since mid-June. The entire crypto industry followed suit, including the meme coin sector, which saw an 8.6% market cap increase.

Pepe ($PEPE) and Floki ($FLOKI), previously hanging below their listing price, soared 39% and 40% within three days, respectively.

Base ecosystem coins experienced the largest market cap spike of 12.7%, with $BRETT and $MOG pumping 37% and 48%.

Another Base meme coin that benefited from the news was $DAWGZ, passing the $2.5M milestone on presale. Early momentum and strong incentives could make $DAWGZ the next top Base token, outshining $BRETT.

Base Overtakes Solana as Meme Coin Hotspot

Base saw the largest weekly increase in TVL among the top 10 chains (21.3%) compared to Ethereum's 12.2%, Solana's 10.1%, and BNB Chain's 7.7%.

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Solana used to be the go-to platform for meme coin launches, but Base is now drawing in developers and degen investors with several advantages:

  • Integration with Ethereum Virtual Machine (EVM): Built as an L2 solution on Ethereum, Base seamlessly integrates with Ethereum ecosystem applications, providing a mature, developer-friendly platform.
  • Security: Base inherits Ethereum's security. While Solana has made strides in security, it has experienced network outages and vulnerabilities in the past.
  • User base: Base benefits from Coinbase's large community and a growing dApp ecosystem.

In fact, Solana hasn't reached its peak TVL since 2021. Meanwhile, Base is far from reaching its full potential.

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Beyond its security, EVM interoperability, and Coinbase backing, Base offers fast transactions and low gas fees for handling the vast volume of meme coin trades.

$DAWGZ Chases $BRETT's Success, Raises $2.5M

$BRETT has no intrinsic value but became the top Base meme coin with a $1.5B market cap due to its community-driven approach and viral mascot based on the Boy's Club comic series character. There's no minting function, so $BRETT's creator can't issue more tokens or alter the smart contract.

Like $BRETT, $DAWGZ relies on the hype factor, using a base-jumping Shiba Inu as its mascot and doubling down on community incentives:

  • Social rewards: Users earn $DAWGZ tokens for creating and sharing Base Dawgz content after the presale ends.
  • Refer and earn: Investors earn 10% of every purchase their friends make through their referral presale link.
  • Staking: Early investors can lock their tokens to earn passive rewards. Over 22.2% of all tokens have been staked to date.

Minted on Base, $DAWGZ supports seamless trading on Ethereum, BNB Chain, Arbitrum, and Solana through the Portal and Wormhole Bridge technologies.

This, coupled with the explosive adoption of the Base chain, helped $DAWGZ raise over $2.5M in a month.

Currently, $DAWGZ sells for $0.006405. The price will increase in six days, so investors have the last opportunity to buy tokens at a discounted price.

After listing, $DAWGZ has the potential to reach $0.03, generating over 500% gains for early supporters.

To buy $DAWGZ, visit the official presale website, connect your crypto wallet, specify how many tokens you want to purchase, and confirm the transaction.

The Perfect Storm of Memes and Utility?

$DAWGZ's presale success extends beyond meme appeal and favorable market dynamics. Strategic choice of network and solid utility earned the project positive community sentiment.

This combination of factors potentially positions $DAWGZ as the next top Base meme coin.

References

The post $DAWGZ Passes $2.5M Milestone; Will Base Dawgz Be The Next 100x Meme Coin On Base? appeared first on The Tech Report.

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