Base Dawgz Raises $2.8 Million in Presale Funding; Analyst Predicts 100x Gains
The crypto market is back on the up after devastating sell pressure, and traders are wasting no time to secure DAWGZ at the best price.
Traders are flocking to a new memecoin named Base Dawgz (DAWGZ) in hopes of replicating the success of Base’s top memecoin, Brett.
The project is currently in its presale phase, allowing investors to buy the token at a fixed rate before it launches on exchanges.
Base Dawgz raises $2.8 million in presale funding; analyst predicts 100x gains
With the crypto market recovering from sell pressure, traders are quickly aiming to secure DAWGZ at the best price. Currently, investors can buy the token for $0.007414. However, the price is set to increase throughout the presale, with the next price increment in three days.
The presale has raised over $2.8 million in funding, indicating strong support from meme coin enthusiasts. While Base Dawgz has a memetic allure, like most cryptocurrencies, people are primarily investing to generate profits.
According to the 99Bitcoins YouTube channel, there’s a chance that Base Dawgz could make presale investors rich.
In a recent analysis, the host speculated that 100x returns are possible, highlighting its utility-centric approach as a key bullish factor.
Another reason everyone is bullish on Base Dawgz is that memecoins are thriving, especially on Base, which is the chain that DAWGZ calls home.
Base Dawgz: The next memecoin to explode?
The memecoin market presents several promising opportunities. However, traders are paying the most attention to a new contender.
As the frontrunner memecoin on Coinbase’s Base network, Brett has been in high demand since its March debut.
Now, as the crypto market recovers from Monday’s selloff, Brett is gaining pace once again. It bottomed out at $0.059 on Monday and currently trades at $0.1.
That’s a near 70% profit in just four days for traders who bought the lows. Brett is also priced at an 18% premium compared to yesterday, indicating that traders anticipate more upside ahead.
From its current price, there is room for almost a 2x to reach its $0.1939 all-time high (ATH).
But as Brett shows strength, a newly launched Base Dawgz is emerging as a promising contender.
Base Dawgz is a new Shiba Inu-themed token on the Base network that’s also multichain and available in all the hottest on-chain markets except Bitcoin.
In addition to Base, investors can buy DAWGZ on Ethereum, Solana, BSC, and Avalanche.
This separates Base Dawgz from other Base projects, putting it in the running to become a top memecoin.
But that’s not all. The team is also pushing the boundaries of creativity with staking and a refer-and-earn scheme.
Base Dawgz has a heavy focus on community rewards
It’s not just the allure of capital gains that is bringing people to Base Dawgz. The project also has initiatives geared towards community incentives and growth.
For one, DAWGZ holders can multiply their gains by staking tokens. Base Dawgz staking offers impressive returns. Currently, there is a 921% APY on offer.
However, investors should note that the APY is variable and will decrease as the staking pool grows. In other words, those seeking the highest returns should act now.
Community members can also earn even more DAWGZ tokens through a refer-and-earn scheme. Users can generate a referral code on the project’s website and share it with others. For each successful presale referral, they’ll earn points that make them eligible for an airdrop.
These features, while encouraging community participation, also bolster the project’s tokenomics and growth potential.
And factoring in its widespread accessibility and the market’s bullish outlook, the stage is set for Base Dawgz to thrive. With a price increase coming in three days, prospective investors should not wait around.
For more information, visit the Base Dawgz presale website or follow the project on X and Telegram.
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