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Is $0.2 Incoming as New Base Meme Coin DAWGZ Raises $2.2M in ICO

June 28, 2024
in Crypto News
Reading Time: 5 mins read
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Is $0.2 Incoming as New Base Meme Coin DAWGZ Raises $2.2M in ICO
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Meme coins are at it again.

Brett (BRETT) has been turning heads this week, leaving investors wondering if it’s headed for the $0.20 mark.

Meanwhile, a new project on Base – Base Dawgz (DAWGZ) – has raised over $2.2 million in its ICO phase and is drawing attention from the masses.

BRETT Price Surges & Shows No Signs of Stopping

The meme coin market never rests, and this week, BRETT proved it with a bullish surge that’s got everyone talking.

Since Monday’s low, the token has surged by 31%, showing the kind of volatility that keeps retail traders on their toes.

In fact, at one point on Tuesday, BRETT was up by 36%.

But as with all things in crypto, what goes up must come down – at least temporarily.

The following days brought a slight pullback, only for BRETT to bounce back again in the past 24 hours.

BRETT is now trading at the $0.166 mark.

Technical analysts are also buzzing about BRETT’s recent price action.

Yesterday, the token’s price tapped the 50-period exponential moving average (EMA) on the 4-hour chart as support, using it as a springboard.

Adding to the bullishness, spot volumes have shot up another 16% to $52 million in the past day.

This has catapulted BRETT to become the 7th largest meme coin globally.

Can BRETT Hit the $0.20 Milestone Soon?

As BRETT keeps rising, the question is: can it hit the elusive $0.20 mark?

This milestone has remained out of reach until now, with BRETT’s all-time high of $0.193 set less than three weeks ago.

Breaking through $0.20 would be more than just a psychological victory – it would push BRETT’s market cap to over $2 billion.

This would see the token flip FLOKI and BONK in the rankings.

Crucially, BRETT’s momentum shows no signs of slowing down.

Fresh off a new listing on SuperEx this week, BRETT’s team is continuing to expand its accessibility.

But that’s not all.

Holders have even more reason to be excited, as they can earn additional tokens by depositing their BRETT on SeamlessFi.

This encourages long-term holding and introduces BRETT to the exciting world of DeFi.

With these developments in play, the $0.20 mark seems exceptionally close.

Although nothing is certain about meme coins, BRETT is one to watch for investors interested in the Base ecosystem.

Base Dawgz Gains Major Popularity After Raising $2.2M in ICO

Another meme coin is gaining traction in Base’s meme coin space.

Base Dawgz has drawn the attention of retail investors and raised over $2.2 million in its ICO phase so far.

The main reason for this early success is Base Dawgz’s setup.

For starters, the creators aim to break down blockchain barriers with a multi-chain approach.

The Wormhole and Portal Bridge protocols allow DAWGZ to travel to Ethereum, Solana, and other major blockchains – so it won’t be confined to just Base.

Staking is another benefit that the creators are offering.

DAWGZ holders can park their tokens and earn rewards.

Base Dawgz’s whitepaper details how 20% of the total token supply has been set aside to fund staking rewards.

And if that wasn’t enough, there’s even a “Share-to-Earn” protocol for the social media savvy.

By spreading the word about DAWGZ, community members can rack up airdrop points, which could lead to more tokens in the future.

With these features, Base Dawgz is clearly looking to set itself apart from its peers.

The creators seem to be on the right track, given that Base Dawgz’s Twitter page has attracted over 4,200 followers in just one month.

So, as the Base ecosystem grows and coins like BRETT make headlines, Base Dawgz could be next to break out.

Visit Base Dawgz Presale

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

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