Base Dawgz Approaches $3M as Traders Rush for Staking Gains

Base Dawgz Approaches $3M as Traders Rush for Staking Gains
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Base Dawgz Presale Nears $3M as Investors Flock to Unique Tech and Playful Memecoin Vibe

The Base Dawgz (DAWGZ) presale is making waves, nearing the $3 million mark as investors rush to get in on its blend of unique technology and light-hearted memecoin spirit.

Widespread Accessibility and Memetic Creativity

One of the standout features of Base Dawgz is its widespread accessibility. Unlike most early-stage memecoins, Base Dawgz is available across all major on-chain markets, except Bitcoin. The project’s theme centers around a base-jumping dog, symbolizing its ability to seamlessly move from one blockchain network to another.

Starting on the Base network, investors can also participate in Base Dawgz on Ethereum, Solana, BSC, and Avalanche. Together, these chains hold a combined total value locked (TVL) of over $62 billion, according to DeFiLlama. This cross-chain availability sets Base Dawgz apart from most other new memecoins in the market.

Staking Opportunities with 946% APY

While staking is not new in the crypto space, Base Dawgz offers unparalleled rewards. Investors can earn passive income by locking up their DAWGZ tokens, with a variable annual percentage yield (APY) currently at an astounding 946%.

For comparison:

  • Ethereum staking offers a 7% APY.
  • USDe, a popular yield-bearing stablecoin, offers a 12.3% APY.

Base Dawgz investors are earning in one week what ETH or USDe stakers earn in a year. But that’s not all. The project also offers a refer-and-earn program, where users can generate a referral code to share with others. Each successful referral grants points that make the user eligible for a DAWGZ airdrop after the presale ends.

Future Exchange Listings and Community Rewards

According to the Base Dawgz website, 20% of tokens are allocated to staking, and 15% to DAWGZ rewards. The remaining tokens are distributed among presale supply, liquidity, marketing, and exchange listings. The team appears to be planning for centralized exchange listings after the presale, opening the project to a wider retail investor base.

Memecoins Soar as Market Recovers: Perfect Timing for Base Dawgz

The timing for Base Dawgz couldn’t be better. As the market recovers from recent economic jitters, memecoins are leading the way. Recently, Base’s Brett posted a 45% gain, and today, Solana-based tokens Popcat and Dogwifhat are up 35% and 20% respectively.

The current landscape is ideal for a project like Base Dawgz, which benefits from multiple thriving ecosystems. Popular trader ClayBro highlighted the exponential growth of the Base Dawgz community, suggesting significant price potential.

“Retail is returning, and when they do, they’re going to think they can 10x, 20x, or 30x their money with something like Base Dawgz,” he said.

The future looks bright for Base Dawgz, but time is running out to secure the best value. As the presale progresses, the price is expected to rise. Currently, DAWGZ is available at $0.007414, with the next price increase expected in five days.