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

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The Base Dawgz ($DAWGZ) meme coin launches at present, 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 provides share-to-earn utility and might 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 jumping’ 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 soar 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 the moment priced at simply $0.00479 in Stage 1 of its presale, $DAWGZ could 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 is just not but recognized, however that can doubtless encourage extra patrons to commit in an effort to lock within the lowest costs. 

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

Cash comparable to DEGEN and social media token have induced 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 at present 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 peak.

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 remains 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 is truthful to say that $DAWGZ is making its debut on Base at a superb 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 heart of Base Dawgz’s advertising 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 begin incomes rewards, members 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 group creativity, which, in flip, helps to develop the $DAWGZ group and the worth of the token.

Fifteen % of the whole token provide of 8,453,000,000 is put aside for $DAWGZ rewards. In the meantime 20% of the token provide might be obtainable for buy within the presale, 20% every for staking and liquidity, 15% earmarked to advertising and 10% listings.

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

Moreover, the contract is just not upgradeable and is absolutely renounced, which suggests the provision can’t be modified or backdoors launched into the code with dishonest intent. Suffice it to say that the Base Dawgz sensible 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?

Not like 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 sooner and cheaper.

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

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 companies seeking to undertake decentralized networks.

Base Dawgz Positive factors From Low-cost Charges, Extra Strong Safety On Base 

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

Though Solana’s proof-of-history protocol means charges could be cheaper, Base has the upside of utilizing the extra decentralized, and due to this fact safer, Ethereum blockchain. 

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

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

The distinctive energetic 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 users globally.

Additionally, trying on the complete worth locked (TVL) as a technique of measuring the worth of a series, Base’s TVL has been trending higher since March this yr and now stands at $1.7 billion. 

Probably the most important soar 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 every day transaction volumes on Base is $320 million, which is admittedly lower than half of Solana’s, on $733 million, however is however a formidable quantity for a series barely a yr outdated.

Once more, these knowledge factors all translate into large 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 could possibly 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 normal robustness.

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

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

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

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