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New Cross-Chain Meme Coin Base Dawgz Launches Pre-Sale and Raises $750,000 in First Week
A new meme coin just launched and investors are already going crazy about it.
Basic Dawgz (DAWGZ) stormed out of the gates and raised over $750,000 in the first week of its pre-sale.
But will this cross-chain meme coin be able to maintain this bullish momentum until it becomes available on DEXs?
Base Dawgz launches into the explosive base chain meme coin space
Meme coins have had an explosive 2024 so far, but one specific niche is capturing the attention of retail investors: base chain meme coins.
Built on Coinbase’s high-speed Base network, these coins have attracted large liquidity.
With low gas fees, Ethereum compatibility, and growth Market capitalization of $2.6 billionit’s no wonder that investors have flocked to the Base chain’s meme coin ecosystem.
Two of the most successful Base meme coins so far are BRETT and TOSHI.
These coins have produced big gains for early investors and now have a combined market capitalization of nearly $1.9 billion.
Their exponential rises highlight just what’s possible in this space – and the Base Dawgz team hopes to emulate that level of growth.
While DAWGZ’s primary chain will be Base, the token is designed to work across multiple blockchain networks.
DAWGZ holders can transfer their tokens between Ethereum, Solana, Binance Smart Chain, Avalanche, and more.
So while other meme coins are limited to just one chain, Base Dawgz is positioning itself as a cross-chain token.
DAWGZ presale fever as investors flock to the cross-chain meme coin
Dawgz Base Presale it was an instant hit among investors.
In just seven days, investors have already contributed over $750,000 to the multi-chain coin’s crowdfunding event.
And it’s easy to see why.
The Base Dawgz team has gamified the pre-sale using a phase-based structure where the price of DAWGZ increases every few days.
At the current price of $0.000479, the first buyers are entering on the ground floor.
Investors can use ETH, BNB, AVAX or SOL for maximum accessibility.
It’s all part of the development team’s vision to make its meme coin as decentralized (and borderless) as possible.
As outlined in Basic Dawgz white papera full 20% of the token supply has been set aside to provide liquidity for planned DEX listings once the pre-sale ends.
Another 20% will be used to stake rewards, although specific details on how this rewards program will work have not yet been revealed.
Of course, no meme coin would be complete without a marketing budget.
The development team has committed to setting aside 15% of the supply to promote DAWGZ once it launches on the market.
Share-to-Earn Model Drives Base Dawgz’s Viral Growth
While Basic Dawgz cross-chain features and pre-selling are generating a lot of interest, it is the project’s “Share to Earn” marketing scheme that could lead to explosive potential.
The concept is simple: Base Dawgz is incentivizing its community to share and promote the project on social media.
By creating content such as memes or videos, community members can earn points redeemable for DAWGZ once the pre-sale ends.
It’s a growth strategy that taps into the same viral energy that fueled previous meme coin pumps like PEPE.
But this time Base Dawgz offers meme creators a direct financial incentive.
Therefore, as more and more users join and create shareable content, the DAWGZ brand becomes more widely recognized.
And as the value of the token increases, it encourages even more community members to actively promote the project.
This innovative strategy is already bearing fruit.
The Basic Dawgz Twitter is approaching 2,400 followers just a week after launch, while its Telegram channel has grown to nearly 800 members.
Prominent cryptocurrency YouTubers have also taken notice of Base Dawgz.
Matthew Perry in a recent video they openly speculated that it could become “the next BRETT coin”.
Meanwhile, influential Twitter personality @Darkwith over 66,000 followers, he has given the project strong support.
With this level of initial hype, it’s clear that Base Dawgz’s approach is resonating with investors, making it a meme coin to watch in the coming weeks.
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