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Base Dawgz is to launch on exchanges on 4 September following $3.2M in presale funding.
The new multichain memecoin Base Dawgz (DAWGZ) will be available at its listing price for one more day before it launches on exchanges.
With over $3.2 million raised in funding, investors are clearly interested. Could it be the next meme coin to explode like Brett?
The current fixed price aims to give all investors an equal opportunity before supply and demand forces take over.
Base Dawgz’s DEX launch will occur on 4 September at 5 PM CET.
Base Dawgz: the Shiba Inu of Base chain and beyond
The project is native to Coinbase’s Ethereum layer 2 blockchain Base. This is a significant benefit because Base is taking off.
The blockchain is led by Brett, which has fared one of the strongest-performing memecoins of the past six months.
Brett currently holds a market cap of over $800 million and has made most of its gains while the broader market has traded downwards.
It’s a frog-themed memecoin and “Pepe’s best friend” from Matt Furie’s Boys club comic.
However, it’s unusual for a non-Shiba Inu-inspired project to lead a memecoin ecosystem. Shiba Inu leads on Ethereum, Dogwifhat on Solana, and Dogecoin leads all memecoins.
Investors clearly appreciate Shiba Inu-themed memecoins, and this leaves a gap in the Base ecosystem that Base Dawgz intends to fill.
Like the original Shiba Inu token, Base Dawgz introduces several novel ideas.
What sets Base Dawgz apart from other memecoins?
The highest order is multichain functionality. While Base Dawgz wants to be the Shiba Inu of Base, it’ll also be available on Ethereum, Solana, BSC, and Avalanche.
This gives 5x the chances of going viral while also offsetting the risk of over-relying on a single blockchain, both from a security and price-related standpoint.
Base Dawgz also has a staking mechanism, rewarding users for locking up their DAWGZ tokens. They can currently earn over a 700% APY, and 20% of the entire DAWGZ token supply is set aside for staking.
If that isn’t enough, community members can also earn rewards through Base Dawgz’s “Share-to-Earn” initiative. Create memes and content, post them on social media, and earn DAWGZ tokens. The more viral the post goes, the more participants will earn.
Base Dawgz has a unique setup built on fresh ideas that are geared toward community growth.
As such, the project has captivated the minds of investors and industry experts alike.
It has been undergoing a presale, where it has raised over $3.2 million. Over 6,300 people have followed Base Dawgz on X, and 10,400 have joined its Telegram channel. These are the main portals into the Base Dawgz community. Join them for the latest news and developments.
But the project’s market interest runs all the way to leading industry analysts. For instance, RJ, a pundit from the Cryptonews YouTube channel, says that Base Dawgz can 100x after the exchange launch.
Anything can happen once a token launches on the open market, but RJ cites its novel utilities and big staking rewards as a reason it could explode.
Crypto market revival is good news for Base Dawgz’s IEO
Base Dawgz will start by launching on decentralized exchanges (DEXs) on all its supported blockchains.
Its roadmap also reveals plans to launch on centralized exchanges (CEXs) at a later date.
Just in time for Base Dawgz’s debut on exchanges, the crypto market has begun to gain steam. Meme coin prices are soaring today, with Brett up 6%, Dogwifhat up 11%, and many others also rising.
And this might just be the beginning – the market consensus is that an altcoin season will commence in Q4 of 2024.
But right now, investors still have the opportunity to buy DAWGZ at the price it will initially launch on decentralized exchanges for. Should the launch be succesful, then this will likely be the last opportunity to buy so cheaply.
Investors can purchase DAWGZ by visiting the project’s website and connecting their wallets. It accepts ETH, SOL, BNB, and AVAX payments.
For more information, visit the Base Dawgz presale website.
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