Investors in Pepe are now turning their attention to a new ICO called Base Dawgz, as the price of Pepe has taken a hit amidst a broader crypto market downturn following the latest US jobs data. Could this new ICO outperform Dogecoin?
Pepe’s price has dropped by more than 10% in a single day, trading just below $0.000013. The meme coin fell below its 21-day moving average for the first time since April, indicating a possible shift in market sentiment.
Despite the decline, Pepe has bounced back by 14% from its lowest point of $0.00001120, finding support at the 50-day moving average of $0.00001050 and previous highs in March and mid-May.
As Pepe experiences a sharp decline, traders are considering whether to explore the potential of the new ICO, Base Dawgz. It may be premature to declare the end of Pepe’s bull market, but with the coin still near its all-time highs, investors are looking for new opportunities.
Base Dawgz, a multi-chain meme coin that appears on five blockchains including Base, Ethereum, BNB, Avalanche, and Solana, has gained attention from analysts at Cryptonews. With a successful presale raising nearly $500,000 and a growing social media presence, Base Dawgz is attracting investor interest.
Priced at $0.00479, Base Dawgz offers cross-chain bridging capabilities and the potential for passive income through staking and airdrops. While the success of the coin is not guaranteed, it is considered one of the top Base chain meme coins to invest in.
Investors should remember that meme coins are highly speculative assets and conduct thorough research before investing. While Base Dawgz may not surpass the market cap of Dogecoin, which is currently around $23 billion, it has the potential to reach a market cap in the hundreds of millions.
For those interested in exploring Base Dawgz further, visit their website. And as a reminder, crypto investments come with high risks and investors should proceed with caution.