“Dogchain Newbase Coin” ICO raised $200k in just minutes after launch: Will it soar like Brett?

The Base Dawgz ($DAWGZ) dogecoin went live today and has already attracted over $200,000 in presale funds within minutes. As a highly anticipated token launch, $DAWGZ taps into the potential of the Base chain and leverages the magnetic appeal of dogecoin — seven of the top ten dogecoins have dog-related imagery. In addition, Base Dawgz offers revenue sharing functionality and will roll out staking rewards at a later date. Despite being a relatively new coin, Base dogecoin has already surpassed $2 billion in market cap. The primary blockchain for Base Dawgz is the Base chain, but as its website states, $DAWGZ is inspired by the “spirit of base skydiving” to enable interoperability on multiple chains. In addition to the Base chain, Base Dawgz tokens can be used on Ethereum, Solana, BNB Chain, and Avalanche. With $DAWGZ, users can hop between different blockchains, opening up the second-layer blockchain invented by Coinbase to traders and users on multiple chains, thereby expanding its appeal. Currently in the first phase of the presale, $DAWGZ is priced at just $0.00479 and can be purchased using ETH, SOL, BNB, AVAX, and USDT. According to the countdown on the website, there are still six days until the presale price goes up. While the price for the second phase is still unknown, this may encourage more buyers to participate in order to lock in the lowest price. Ready to jump? $DAWGZ is coming… Could the price of Base Dawgz explode like BRETT, with an increase of 11,902%? Tokens like DEGEN and social media token Friend.tech have made a splash on Base. The former, in particular, has caught the attention of fans of the dogecoin. Now, Base Dawgz is also attracting attention as the next trend of Base dogecoin. Although it has not yet reached the heights of WIF, BONK, TRUMP, or BODEN Solana dogecoin, it has become a force to be reckoned with today in the Base dogecoin community such as BRETT, NORMIE, and TOSHI. DEGEN was the first dogecoin to make a splash on Base four months ago, and its market value once soared to $810 million. In contrast, the newer Base coin $BRETT broke price discovery on June 2, reaching a new high in market cap at $1.27 billion. As of the time of writing (June 4), $BRETT remains stable above $1 billion at $0.1182, up 22% in the past 24 hours alone. Not to be missed, $TOSHI has a market cap of $211 million, not far from its all-time high. It can be said that $DAWGZ has arrived at a perfect time for Base, and Base coins like $BRETT are climbing in price. $BRETT has gained 11,902% since its launch in March, up 66% in the past seven days. The Base Dawgz coin accelerates the Shiba Inu cultural phenomenon through revenue sharing and multi-chain flexibility, providing community members with marketing strategies and paying points rewards for sharing $DAWGZ-centric content on social media. Simply click on the "Refer and Earn" button on the homepage and connect your wallet to generate a referral link. All referrers will receive 5% of the referee's contribution amount in return. All content created and shared can earn points that can be exchanged for $DAWGZ tokens. In order to start earning rewards, participants need to connect their X account with verified shared content, claim XP reward points, and exchange them for $DAWGZ. Base Dawgz is a cyclical system that rewards the creativity of the community, which in turn helps grow the value of the $DAWGZ community and tokens. A total of 8,453,000,000 $DAWGZ tokens have been issued, of which 15% are for $DAWGZ rewards, 20% for pre-sale purchases, 20% for staking and liquidity, 15% for marketing, and 10% for listing. The smart contract of Base Dawgz has been audited by blockchain security company Solid Proof, which shows the professionalism and security of the project. Additionally, the contract cannot be upgraded and is completely abandoned, meaning the supply cannot be changed and backdoors cannot be introduced into the code. It can be said that Base Dawgz's smart contract cannot destroy or mint tokens. Solana has become the dominant chain to launch the Dogecoin from scratch, but will Base be the next launch platform for the cute, fun, viral Dogecoin? Unlike Solana, which is a first-layer blockchain, Base is Ethereum's second layer. The purpose of Base's existence is to make Ethereum more scalable and make transactions faster and cheaper. Although Base was only launched in August last year, it has achieved a high transaction volume of up to 400 per second, which is comparable to Solana. Developers promise that there will be more improvements. Solana claims to have a real-time transaction volume of up to 1,000 per second, but most of these are actually failed transactions. The high percentage of failed transactions is considered one of the factors that Solana hopes to become a reliable enterprise-level network. In terms of fundamentals, there are also some important differences that further support Base's future expansion potential. While Solana may still largely outnumber Base in terms of on-chain transactions right now (4.5 trillion vs. 5.3 trillion), the story is different when it comes to the value of incoming fiat currency from unique active wallets interacting with decentralized applications (dApps). According to data from dappradar, Base’s incoming value is $1.76 billion, ranking fifth among all chains, while Solana is at $1.1 billion. The unique active wallet metric reflects Base’s ability to tap into Coinbase’s rapidly growing user base, which reached 110 million users worldwide according to the company’s latest report for 2022. Moreover, looking at the total locked value (TVL), which measures the value of the chain, Base’s TVL has been rising since March of this year and currently stands at $1.7 billion. The most notable jump occurred between mid-March and April, with TVL more than doubling from $670 million to $1.58 billion, according to data compiled by DefiLama. Solana’s TVL is $4.8 billion. Additionally, Base’s daily transaction volume is valued at $320 million, which, while slightly lower than Solana’s $733 million, is still an impressive number for a chain that is less than a year old. Again, these numbers are all in the favor of Base Dawgz. Taken together, the above chain fundamentals are all encouraging signs that Base could become the go-to chain for all Dogecoins in the future. As a byproduct, the surge in Dogecoin transactions on the chain could catalyze wider adoption of Base by demonstrating its overall robustness. All of this suggests that Base Dawgz is well-suited to the current Dogecoin market. Like $BRETT, $DAWGZ could potentially deliver a 100x return on investment. As a fast-growing, popular chain among Dogecoin traders, with a lucrative shared yield, passive income from staking, and the Shiba Inu phenomenon dominating the Dogecoin leaderboard, means all the ingredients are in place for $DAWGZ to launch with a bang. Don’t miss out on the next Dogecoin gem on Base — join the Base Dawgz community and follow us on Telegram. PlayDoge (PLAY) — the latest ICO on BNB Chain. Rating: 2D virtual Dogecoin pet, play to earn Dogecoin fusion, staking and game token rewards, SolidProof audit. 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