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Investors are snapping up Base Dawgz tokens as the presale nears the end after raising over $3M.
Investors are grabbing as many Base Dawgz (DAWGZ) tokens as they can right now because the presale is about to end.
After raising over $3 million, this initial coin offering (ICO) will end on 28 August at 6 PM UTC. Base Dawgzโs presale is garnering massive attention thanks to its unique cross-chain interoperable abilities.
DAWGZ: the answer to cryptoโs fragmentation issue
Fragmentation is a big issue that crypto must overcome to realize its potential. Devs are working on solutions like chain abstraction and multichain token standards.
But thereโs one solution already in place: Base Dawgzโs cross-chain technology. The Shiba Inu-themed memecoin is built on Portal Bridge and is available on the Base, Ethereum, Solana, BSC, and Avalanche networks.
Unlike practically every other memecoin, users donโt need a wallet on any specific blockchain to buy Base Dawgz โ itโs available no matter which chain to use.ย
This concept opens the door to mass adoption and continuous growth. Typically, memecoin growth happens in cycles. One blockchainโs memecoins will rise, then anotherโs.
However, Base Dawgz is expected to continue rising consistently because it is available on all the top networks. We must also consider that ecosystems like Base, BSC, and Avalanche are relatively untapped markets for memecoins.
However, memetic activity will surely rise on these networks, and Base Dawgzโs unique multichain narrative could turn many heads once it does.
With over $3 million raised so far, itโs clear that investors fully support this idea. Prominent trader ClayBro recently slated DAWGZ as having up to 50x potential.
โThe only way you can really do that (make 50x gains) is in these tiny brand new tokens like Base Dawgz,โ he said.
โYes, they might be riskier โ but yes, they provide the reward,โ He continued.
ClayBro also hailed the big staking returns that Base Dawgz offers. It currently provides a 787% APY, which investors can earn by locking up their DAWGZ tokens in the projectโs smart contract. However, these rewards will decrease over time.ย
Bitcoin set to reach new highs as Base Dawgz prepares to launch on exchanges
Bitcoin is forming a cup-and-handle pattern. Should it progress as expected, itโs only a matter of time until it creates new highs.
And when it does, thereโs every chance that altcoin prices begin to soar. Investors have grappled with bearish market conditions for months, but the momentum is finally turning.
Analysts are calling for a Bitcoin rally of up to $200K, which would be more than a threefold gain from its current price.
By crypto standards, a 3x doesnโt sound like much. However, for Bitcoin, it would mean adding over $3.5 trillion to its market cap. Just 1% of that would increase most altcoin prices by well over 100x.
Thatโs a glimpse into the unprecedented liquidity that could be entering the cryptocurrency markets.
Itโs helped in no small part by impending interest rate cuts, an upcoming U.S. presidential election in which the current favorite is pro-crypto, and Bitcoinโs four-year cycle โ which is expected to peak in just over one year.
This is creating favorable market conditions, which is great news for Base Dawgz as it prepares to list on exchanges. But again, for those yet to buy โ there are just two days left.
Investors need to act now or risk paying much more than its presale price once it launches on the open market.
Base Dawgz boasts of being a safe project. It has had a smart contract audit from third-party security firm, Solid Proof, which found no issues. The Base Dawgz presale accepts payments in BNB, ETH, USDT, AVAX, and SOL.
For more information, visit the Base Dawgz presale website or follow the project on X and Telegram.
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