The post Base Dawgz ICO Enters Last 2 Days, DEX Debut Incoming – Next Meme Coin to Explode? appeared first on Coinpedia Fintech News
Base Dawgz ($DAWGZ) is a new multichain meme coin that is two days away from launching on exchanges. It recently closed its presale, but investors can still buy $DAWGZ at its initial exchange offering (IEO) price of $0.008582.
The project has seen considerable market demand, raising over $3.2 million so far. $DAWGZ will be listed on exchanges on 4 September 2024 at 5 PM CET.
Base Dawgz presale raises $3.2 million, analyst calls for 100x
Anything can happen in crypto, but a successful presale launch is a good indicator of future potential.
Base Dawgz’s $3.2 million presale raise signals a strong investor interest, especially considering the recent adverse market conditions that have rocked crypto.
The project’s support is also evident on social media, with over 6,200 people following its X account, and another 10,300 have joined its Telegram community.
Meanwhile, the presale has also garnered the attention of top analysts.
For example, the Cryptonews YouTube channel recently covered Base Dawgz, with its host RJ speculating the price could explode up to 100x after it launches on exchanges.
All bases are covered with multichain functionality and staking
Base Dawgz is uniquely versatile for a meme coin. It adopts the beloved Shiba Inu meme as its user-facing mascot, but the project has also ushered in a few standout innovations.
While most meme coins are tied to a single chain, Base Dawgz is available on five: Base, Ethereum, Solana, BSC, and Avalanche.
It leverages Wormhole and Portal Bridge technology to make this happen.
The benefits of launching on multiple chains are twofold.
First, it negates risk. Overreliance on a single blockchain means the project’s success is tied to the network’s performance. For example, Dogwifhat has significantly tumbled this week as users leave Solana.
Meanwhile, launching on multiple chains opens Base Dawgz to a bigger audience, which could attract more investment and raise its price.
Another noteworthy feature is staking. Users can lock up their $DAWGZ tokens to generate passive rewards.
20% of the $DAWGZ total supply is earmarked for the presale, while another 20% is allocated to staking rewards.
This is providing massive returns for stakers, valued at over 700% APY.
Staking could be a big draw to Base Dawgz. Should investors compare Base Dawgz to another similar meme coin, they could choose to buy $DAWGZ due to the added benefits of passive rewards.
$DAWGZ to launch on exchanges in 2 days, what happens next?
The Base Dawgz presale will close in two days. Following this, presale investors will be able to claim their tokens and $DAWGZ will be listed on exchanges. It’s expected to launch on decentralized exchanges on all five of its supported blockchains.
However, the project’s roadmap reveals that centralized exchange listings will follow.
This would open Base Dawgz up to a wider audience of users, which could result in more demand. The roadmap also points to a marketing push and a community airdrop following the Base Dawgz exchange launch.
Prospective investors can still buy Base Dawgz before it launches on exchanges. It is currently available at its initial exchange offering price of $0.008582.
Investing is easy. Simply connect your wallet to the Base Dawgz presale and choose the amount of $DAWGZ you want to buy and the crypto you want to pay with. The presale accepts payments in ETH, BNB, AVAX, and SOL.
Solid Proof, a third-party security company, also audited the project and found no issues with the Base Dawgz smart contract.
But time is running out to buy $DAWGZ before it hits the open market. Potential investors must act quickly to avoid missing out.