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New Meme Coin Base Dawgz Raises Over $900K in First Week of Presale

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The new Base meme coin Base Dawgz ($DAWGZ) is taking flight as its presale hits $850K in its opening week.

The project is quickly garnering notoriety thanks to its position on crypto’s most vibrant chain, alongside a handful of standout utilities.

Base Dawgz has adopted a multichain approach, so in addition to Base, $DAWGZ is available on Ethereum, Solana, BSC, and Avalanche.

The presale is ongoing and is currently priced at $0.00479. However, this price will increase throughout the campaign, so potential buyers should act quickly.

Coinbase Smart Wallet opens meme coins like Base Dawgz to 110 million new users

Last week, Coinbase announced the launch of its highly awaited Smart Wallet.

The wallet will streamline the onboarding process to its decentralized blockchain, Base, which is where Base Dawgz and many other high-octane meme coins reside.

Coinbase’s 110 million users can now seamlessly access on-chain cryptocurrencies. 

They don’t need to manage seed phrases or even download a separate app.

The wallet is seen as a huge breakthrough, with market commentators praising its cutting-edge user experience, which is beginner-friendly and far more seamless than that of legacy wallets.

Considering the breakthrough technology and Coinbase’s colossal user base, all eyes are now on the Base network – which is the first stop for Smart Wallet users.

Resultantly, Base meme coins have enjoyed outsized success this week, with its top dog, Brett, up 38%.

And what’s more impressive, this comes when 13 of the market’s top 15 meme coins are in the red. 

Meanwhile, other Base meme coins like Basenji and ChompCoin have posted gains of over 100% this week. 

So, the buzz about Coinbase’s Smart Wallet could not be more prevalent.

And with that, Base Dawgz is shaping up as one of the most promising meme coin launches.

Multichain functionality could make Base Dawgz the most resilient meme coin on Base

Base meme coins thriving while other meme coins slump reflects the issue of overexposure to one network.

But that’s where Base Dawgz comes in.

Unlike other Base meme coins, Base Dawgz is harnessing cross-chain technology to launch on crypto’s hottest on-chain markets.

The project is already live on Ethereum, Solana, BSC, and Avalanche.

So if attention shifts to Solana next week – Base Dawgz will continue to thrive.

This could make Base Dawgz the most resilient meme coin on Base.

Prominent analyst Matthew Perry underscored the project’s multichain approach in a recent video and suggested “Base Dawgz might be the next Brett” to his 223K YouTube subscribers.

Adding to the excitement, the project has ushered in other utilities that differentiate it from its peers, making $DAWGZ a force to be reckoned with.

Grass-roots initiatives could explode the Base Dawgz community

Alongside the widespread accessibility from its multichain approach, Base Dawgz is advancing its community-building potential through staking and a referral scheme.

Starting with staking, holders can generate passive rewards by depositing their tokens in the project’s smart contract.

The feature has yet to launch but is expected to minimize selling pressure while creating new demand.

20% of the token’s total supply is allocated to staking rewards.

Refer-and-earn is another attractive feature in the Base Dawgz ecosystem.

This mechanism enables community members to earn a commission by sharing the project on social media.

In essence, refer-and-earn gives holders more skin in the game, creating added incentive for them to grow the community.

The feature is live, and you can generate a referral code from the project’s website by selecting the “refer and earn” button.

You will receive 10% of the presale investment for each successful referral, and rewards will be paid in USDT at the end of the IEO.

With heaps of unique utilities and functionalities, combined with the favorable juncture of launching on Base, the stage is set for Base Dawgz to thrive.

But right now, the presale is ongoing, and investors can get in from the ground floor.

So don’t miss out. Follow the project on X or join its Telegram for the latest updates. Alternatively, visit its website to buy and stake tokens.

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IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.