There’s a New Dog in the Block: $DAWGZ

The crypto market has shown a strong affinity for dog-themed meme coins – just look at Dogecoin ($DOGE), Shiba Inu ($SHIB), Dogwifhat ($WIF), and Floki ($FLOKI) – four of the top five meme coins are all dog-themed.

After raising an impressive $200,000 on its first day and quickly reaching $1 million just a week later, Base Dawgz ($DAWGZ) has taken another step forward by securing $1.6 million during its presale.

Its native cross-chain interoperable token $DAWGZ is making waves in the crypto world and is poised to dominate the Base chain as the leading meme coin.

Currently priced at $0.00502 per $DAWGZ, the price has jumped by 5% to $0.005271 in less than 15 hours.

Base Dawgz embodies all the hallmarks of a top meme coin, and its presence on the rapidly growing Base chain strongly indicates it may experience a significant surge upon listing on exchanges.

The new meme coin’s popularity is likely helped by its share-to-earn protocol which will enable project supporters to earn rewards for creating social content promoting $DAWGZ.

Investors should secure their tokens now while the price is currently on presale to position themselves ahead of the curve!

If more proof of the attractiveness of meme coins on Base were needed, look no further than the performance of new coin LandWolf (WOLF) today, which is up 320% and trending at No.1 on Dextools’ Base hot pairs.

However, earlier in the trading session, it was up 5,000%, but then the price crashed.

Unlike $DAWGZ, WOLF is whitelisted according to the smart contract audit, which means it could very well be a scam, or is giving preferential treatment to insiders – another reason to concentrate on the quality end of the spectrum with offerings such as Base Dawgz.

Who's jumping with us? $DAWGZ pic.twitter.com/ADp3dRpeDZ

— Base Dawgz (@BaseDawgz) June 16, 2024

There’s a New Dog in the Block: $DAWGZ

The crypto market has shown a strong affinity for dog-themed meme coins – just look at Dogecoin ($DOGE), Shiba Inu ($SHIB), Dogwifhat ($WIF), and Floki ($FLOKI) – four of the top five meme coins are all dog-themed.

Together, these four meme coins alone command over $35 billion of the $51 billion total market capitalization of all meme coins.

Since the start of the year, all these meme coins have been in green.

For instance, $DOGE has increased by 48% to its current price of $0.1334. On the other hand, $SHIB trades at $0.00002002, up by 93%, $FLOKI has surged by 431% to $0.0001862, and $WIF stands at $2.39, marking a gain of 102.64%.

But beyond the crypto market’s canine craze, meme coins overall have been on a strong uptrend in 2024, as shown by the MarketVector™ Meme Coin Index below:

There are numerous factors contributing to the success of meme coins, but at the core are virality and robust community.

Base Dawgz’s iconic Shiba Inu mascot drives its appeal and popularity, embodying the essence of virality.

Meanwhile, Base Dawgz fosters a strong community through its share-to-earn functionality, which is coming online soon.

When live, points earned from sharing content on social media will be redeemable for $DAWGZ tokens after the presale ends.

Together, these key elements make Base Dawgz well-positioned to emerge as a leading meme coin, ready to take the spot from the “top dogs” in the mix.

And with the funds it has raised, it is evident that its community also has the financial backing to ensure a grandslam success.

However, there’s one more key factor that isn’t discussed enough, and that is Base Dawgz’s home on the Base chain.

Base Dawgz is Catching the Wave of Base Chain’s Explosive Growth

Base chain is, as crypto followers will know, a rapidly growing Ethereum L2 that was launched by popular crypto US-based exchange Coinbase.

The network has seen a surge in active addresses since its inception in August of last year. Basescan shows that its unique addresses chart has ballooned to an 80 million cumulative total.

Base is highly favored for its lower fees and faster transactions. It also has Coinbase’s 98 million userbase for user acquisition at its disposal.

Additionally, Base boasts a strong community, including a fresh batch of meme coin entrants with a combined market cap of approximately $2.1 billion, led by Brett ($BRETT) with $1