Experts in the cryptocurrency space are quickly jumping on board with the latest meme coin, Base Dawgz ($DAWGZ), before it even gets listed on exchanges. The coin, which offers staking and share-to-earn features, saw a huge influx of investors, raising over $200,000 in just minutes at its initial presale price of $0.00479.
$DAWGZ is making waves by utilizing Coinbase’s powerful Ethereum Layer 2 Base chain, while also tapping into the popularity of the Shiba Inu meme avatar. This combination has proven successful in the past, with six of the top 10 meme coins being based on similar themes.
The Base chain is quickly becoming a favored platform for launching new meme coins, with a total market capitalization of over $2 billion for its meme coins, despite being less than a year old. Base Dawgz stands out for its cross-chain interoperability, allowing it to function on various chains such as Ethereum, Solana, BNB Chain, Avalanche, and Polygon.
One of the standout features of Base Dawgz is its innovative share-to-earn and staking rewards system. Community members and token holders play a crucial role in the project’s marketing strategy, as they are incentivized to share content related to $DAWGZ on social media in exchange for points that can be redeemed for tokens.
To participate in the rewards program, users can click on the ‘refer and earn’ button on the website and connect their wallet to generate a referral link. Referrers will receive 5% of the amount contributed by the referee, creating a mutually beneficial system for all involved.
In the future, Base Dawgz plans to introduce staking rewards as well. Investors are encouraged to get in early at the pre-launch price of $0.00479 before it increases. With various purchase options available, including stablecoins like USDT and USDC, buying into Base Dawgz is simple and secure. However, there is a limited time window of just over 5 days before the first price rise.
For those looking to get in on the next big meme coin, joining the Base Dawgz community on platforms like X and Telegram is recommended. Remember, cryptocurrency is a high-risk asset class, and investing should be done with caution. This article is for informational purposes only and does not constitute investment advice.