As the Bonk (BONK) price collapses and threatens a break below its 200DMA, Bonk holders are betting big on a new ICO called Base Dawgz (DAWGZ), with some even betting it might 100x.
Sentiment in crypto markets is rotten right now and BONK is threatening a 20% drop back to recent lows around $0.000018.
It’s no surprise that impatient Bonk holders are eyeing up their alternatives.
One exciting new meme coin that might be worth checking out is a new ICO called Base Dawgz.
Base Dawgz (DAWGZ), a new Base meme coin, is a fun base-jumping Shiba Inu cartoon character that hops between the five most used blockchains (excluding Bitcoin).
These blockchains include Base, Ethereum, BNB, Avalanche, and Solana.
Since the presale launch a few months ago, investors have been rushing to gain exposure.
The new dog ICO has raked nearly $2.8 million. Early demand is hot!
We pushing for 3M this week $DAWGZ? pic.twitter.com/FDXspxqcis
— Base Dawgz (@BaseDawgz) July 28, 2024
DAWGZ is currently available at $0.007061, but that price will soon rise, so potential investors may want to move quickly.
Crypto Experts Back New ICO Base Dawgz – Here’s Why
Crypto experts are backing new ICO Base Dawgz. Cryptonews’ team of in-house analysts spend a lot of time combing through the meme coin market.
And they are big fans of DAWGZ, ranking new ICO Base Dawgz as one of the 16 best meme coins to buy right now.
Cryptonews.com analyst Chester explains this bullish view and why he thinks DAWGZ has 100x potential.
Base Dawgz – Also a Passive Income Gem?
Base Dawgz is more than just a blockchain-hopping coin.
It is also a passive income gem, and subsequently, it has been getting a lot of attention from DeFi degens.
As per the meme coin’s official website, the current APY for presale investors who stake their tokens is 1,034%.
Staking $DAWGZ is the best way to make some extra cash while you wait for the presale to end 🤑
If you’re chasing nirvana or an active thrill-seeker, this is for you. pic.twitter.com/ggM1ibSgZd
— Base Dawgz (@BaseDawgz) July 22, 2024
That means investors could feasibly 2-3x their presale DAWGZ bag in just a few weeks before the token’s launch.
That yield is being paid out of the 20% of the DAWGZ supply that has been allocated to staking rewards.
Potential investors should also note that DAWGZ is running an airdrop program.
X users can gain points by promoting Base Dawgz, per rules outlined on the official website.
Dawgz has passed 5,000 followers!
Maybe all the people who left crypto last week are seeing the light now 🤔 pic.twitter.com/iINbZ2Wz1W
— Base Dawgz (@BaseDawgz) July 18, 2024
DAWGZ’s modest valuation and passive income potential suggest its risk-reward is very good.
It certainly ranks amongst the best Base chain meme coins to buy.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
