DogWifHat Up 10% as Base Dawgz Meme Coin Raises $2.5M and Some Analysts Forecast Big Gains
The meme coin market is heating up again.
DogWifHat (WIF) is taking off, gaining over 10% in the last 24 hours.
Meanwhile, new meme coin Base Dawgz (DAWGZ) has just reached $2.5 million in its presale phase – and is grabbing the attention of top crypto analysts.
DogWifHat Price Soars as Bullish Technicals Fuel Rally
DogWifHat is back making headlines.
The Solana meme coin’s price has jumped to $2.44 – its highest point in over a month.
That means WIF is now up 63% from last Friday’s local low.
DogWifHat’s price chart is looking pretty bullish, too.
The coin is eyeing its sixth green close in seven days and has soared above the 50-day exponential moving average (EMA) on the daily chart.
That’s the kind of momentum that gets retail investors excited.
Now, WIF is the world’s fourth most traded meme coin and is gaining ground on Pepe (PEPE) coin in third place.
But here’s the intriguing part – there’s no obvious reason why the coin is pumping.
No big announcements or celebrity tweets have occurred in the past day.
Instead, DogWifHat’s rally appears purely driven by market sentiment and technical factors.
And sometimes, that’s enough for a price spike in the meme coin market.
Base Dawgz Presales Passes $2.5M as Staking Protocol Draws Praise
Base Dawgz is also making some serious noise right now.
The project’s ongoing presale has just hit the $2.5 million funding milestone – and doesn’t look like slowing down.
Currently, early investors can purchase DAWGZ tokens for just $0.006405 each.
But there are only four days left before the DAWGZ price jumps up in the next presale stage.
What’s interesting about this presale is how flexible it is.
Investors can jump into the action using multiple tokens, including ETH, USDT, BNB, AVAX, and SOL.
And there’s more.
Those who buy DAWGZ during the presale can stake their tokens right away.
The current APY is quoted at 1,398%, and investors have already locked up over 120 million DAWGZ tokens.
This yield will decrease over time as investors pledge more DAWGZ – but it’s certainly attracting attention right now.
It’s acting as a magnet for yield-hungry investors tired of the low returns other staking tokens offer.
There are now over 5,900 people in Base Dawgz’s Telegram channel, while the project’s Twitter page has 5,000 followers.
Clearly, the crypto community is taking note.
Analysts Hype Up Base Dawgz’s Future Potential
While Base Dawgz hasn’t even hit exchanges yet, some big names in the crypto world are already hyping it up.
ClayBro, a popular crypto analyst, is going all-in with his prediction.
He’s speculating that DAWGZ could 36x once it makes its DEX debut.
Meanwhile, Matthew Perry is drawing comparisons to Brett (BRETT), the Base chain meme coin that went viral earlier this year.
And even 99Bitcoins is getting involved.
Their analysts described Base Dawgz as a “100x gem” – setting the bar extremely high.
But what’s got all these big names so excited?
It’s mainly down to Base Dawgz’s multi-chain capabilities.
Imagine buying DAWGZ on Base and then transferring the tokens over to Solana or Ethereum in seconds.
It’s like having a VIP pass to move between blockchains with minimal fees.
No other meme coin offers such a feature, which is why Base Dawgz has attracted so much attention since its presale kicked off.
Underpinning these multi-chain capabilities is a smart contract audit from SolidProof.
SolidProof’s specialists reviewed Base Dawgz’s code and found no red flags, giving investors added confidence in the project’s security.
All in all, the future looks interesting for Base Dawgz.
If the developers can maintain this level of momentum and make headway on their roadmap, then DAWGZ might just be the next meme coin to watch.
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