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Cryptocurrency News Articles

Base Dawgz ($DAWGZ): The New Base Meme Coin Taking Flight as Its Presale Hits $850K in Its Opening Week

Jun 12, 2024 at 06:09 am

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

Base Dawgz ($DAWGZ): The New Base Meme Coin Taking Flight as Its Presale Hits $850K in Its Opening Week

Base Dawgz ($DAWGZ), a new meme coin project, has quickly garnered attention during its presale, which has now crossed $850K in its opening week.

The project is available on multiple chains, including Base, Ethereum, Solana, BSC, and Avalanche, and is priced at $0.00479 during the presale.

However, the price is set to increase throughout the campaign, encouraging potential buyers to act swiftly.

Coinbase Smart Wallet to Onboard 110 Million Users to Meme Coins Like Base Dawgz

Coinbase recently announced the launch of its Smart Wallet, which will streamline the onboarding process to its decentralized blockchain, Base.

This move will grant Coinbase's 110 million users direct access to on-chain cryptocurrencies, including Base Dawgz and other high-octane meme coins.

The wallet eliminates the need for users to manage seed phrases or download separate apps, offering a seamless and beginner-friendly experience.

This development has been widely praised by market commentators, who highlight its cutting-edge user experience.

chainlink / cb smart wallet opens meme coins like base dawgz to 110 million new users

The technology and user base of Coinbase's Smart Wallet have shifted attention towards the Base network, which serves as the first stop for Smart Wallet users.

In turn, Base meme coins have enjoyed remarkable success this week, with the top dog, Brett, enjoying a 38% increase.

This gain is particularly impressive considering that 13 of the market's top 15 meme coins are currently in the red.

Other Base meme coins, such as Basenji and ChompCoin, have also posted gains of over 100% this week.

The buzz around Coinbase's Smart Wallet and its potential to onboard users to Base meme coins is undeniable.

Within this landscape, Base Dawgz is emerging as one of the most promising meme coin launches.

Multichain Functionality May Render Base Dawgz the Most Resilient Meme Coin on Base

The thriving performance of Base meme coins while other meme coins slump highlights the issue of overexposure to a single network.

However, Base Dawgz aims to mitigate this concern.

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.

Therefore, even if attention shifts to Solana next week, Base Dawgz will continue to thrive.

This strategy could ultimately render Base Dawgz the most resilient meme coin on Base.

In a recent video, prominent analyst Matthew Perry highlighted the project's multichain approach, suggesting to his 223K YouTube subscribers that “Base Dawgz might be the next Brett.”

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Other articles published on Nov 24, 2024