Yesterday marked the launch of the meme cryptocurrency The Base Dawgz ($DAWGZ), with over $200,000 invested in presale within minutes. $DAWGZ is based on the Base chain and taps into the popularity of dog-themed cryptocurrencies.
With a market capitalization of over $2 billion, Base is relatively new. $DAWGZ offers rewards for sharing and staking and is compatible with multiple chains, including Ethereum, Solana, BNB Chain, and Avalanche.
At the current price of $0.00479 in Stage 1 of the presale, $DAWGZ can be purchased using ETH, SOL, BNB, AVAX, and USDT, with the price increasing by 5% in each subsequent stage.
Could Base Dawgz’ price experience a similar explosion to BRETT, increasing by 11,902%?
DEGEN and Friend.tech have sparked significant interest on the Base platform, with DEGEN capturing the attention of meme cryptocurrency fans. The next popular meme coin on Base is Base Dawgz.
The meme cryptocurrency communities on Base, including BRETT, NORMIE, and TOSHI, are influential. DEGEN, launched four months ago, reached a market capitalization of $810 million at its peak.
Recently, $BRETT hit a new record of $1.27 billion on June 2nd and is trading at $0.1383 on June 4th, with a 22% increase in the last 24 hours. $TOSHI has a market cap of $211 million and is approaching previous highs.
The debut of $DAWGZ on Base comes at an excellent time, with meme coins like $BRETT on the rise.
Base Dawgz, the meme coin, fuels Shiba Inu with multiple options
Base Dawgz’ marketing focuses on community engagement through a share-to-earn system. Users receive rewards for sharing content related to $DAWGZ on social media, obtaining a referral link.
Sharers receive 5% of the amount contributed by the referred person, and the created and shared content accumulates points that can be exchanged for $DAWGZ tokens, thus encouraging community growth and increasing token value.
Base Dawgz’ smart contract audit by Solid Proof ensures the project’s professionalism and high security level. The contract is immutable, ensuring that the supply cannot be altered or hidden entries with malicious intent cannot be introduced, being designed to prevent the destruction or creation of new tokens.
Base Dawgz, future leader on Base, rising on Solana
Solana has become the primary chain for meme cryptocurrencies, but Base could be the next favorite destination for viral meme cryptocurrencies.
Base, an Ethereum Layer 2, differs from Solana, a Layer 1 blockchain. Ethereum Layer 2 protocols like Base are designed to make Ethereum more scalable, enabling faster and cheaper transactions.
Launched in August last year, Base has already achieved a capacity of up to 400 transactions per second, similar to Solana, and promises continuous improvements. Solana claims a capacity of up to 1,000 transactions per second in real time, but most of these are failed transactions, which has been criticized as a factor affecting Solana’s prospects of becoming a reliable and enterprise-ready platform.
Base Dawgz to benefit from lower fees and enhanced security on Base
Base, a Layer 2, has a lower execution fee than the security fee, paid only when transaction batches are recorded on the Ethereum chain.
Although Solana may have lower fees with its proof-of-history protocol, Base benefits from using the Ethereum blockchain, considered more decentralized and secure.
Base attracts $1.76 billion, ranking fifth among all chains, while Solana attracts $1.1 billion, according to dappradar data. Base’s TVL increased significantly between March and April, from $670 million to $1.58 billion, according to DefiLama data, now reaching $1.7 billion. In comparison, Solana’s TVL is $4.8 billion.
Base’s daily transaction value is $320 million, while Solana’s is $733 million. These figures highlight Base Dawgz’ significant advantages.
$BRETT next on Base – Potential 100x ROI with Base Dawgz $DAWGX?
The chain’s fundamentals suggest that Base could become the favorite for meme cryptocurrencies, and the increase in transactions could stimulate wider adoption, highlighting its overall robustness.
These aspects indicate that Base Dawgz is a meme cryptocurrency at the right time, with significant growth potential, up to 100x, similar to $BRETT.
A rapidly growing chain and popularity among meme cryptocurrency traders, offering attractive rewards for sharing and earning, passive income from staking, and a dominant presence of the Shiba Inu phenomenon in top rankings – all indicate an explosive debut for $DAWGZ.