The meme coin market is hovering over the previous 24 hours, with tokens like Bonk, Brett, Mog, Cat in a Canine’s World, and Popcat all posting double-digit positive aspects. The bullish day tops off per week of spectacular momentum for meme cash, marking a definitive restoration from losses in June and early July.

The resurgence of meme cash bodes particularly properly for a brand new Base meme coin, Base Dawgz, which has raised $2.5 million in its ICO and is attracting new funding at a fast tempo. We’ll take a more in-depth have a look at the meme coin market’s progress and Base Dawgz’s potential.

Meme Coin Market Surges, Delivering 15% Achieve for $BONK and 10% Achieve for $BRETT

The previous 24 hours has seen meme cash throughout the market transfer larger—in truth, the one meme coin within the prime 20 to submit a loss is $DOG. Even Shiba Inu, which was hit laborious earlier within the week after a hack on India’s WazirX crypto alternate, is up practically 3% up to now day of buying and selling.

The largest positive aspects went to $BONK and $BRETT, which noticed pumps of 15% and 10% respectively. Dogwifhat, which is up 7.3% up to now 24 hours, can also be value highlighting as a result of the token has posted a 58% achieve over the whole week.

The sum of the transfer has been to hold the entire market cap of meme cash from $41.3 billion per week in the past to $49.5 billion at the moment, an almost 20% achieve for the sector. Meme cash nonetheless have a technique to go to erase their losses in June and the primary half of July, however momentum seems to be robust for additional positive aspects this month.

One factor to look at is whether or not $BONK can flip $WIF for dominance on Solana. The 2 tokens traded locations briefly final week, and simply $500 million now separates the 2 meme cash’ market caps. If $BONK can proceed to ship sector-leading positive aspects, it might change into the biggest meme coin on Solana and function a magnet for brand new merchants trying to be a part of the meme coin rush.

Base Dawgz Raises $2.5m for Community-jumping Meme Coin

Inside this bullish atmosphere, many merchants look forward to finding the largest positive aspects not in already established meme cash, however in new entrants to the market.

Probably the greatest new tokens to look at is Base Dawgz, which has raised greater than $2.5 million in gross sales of its $DAWGZ token throughout its ongoing presale.

We did it $DAWGZ!

$2.5 MILLION reached 🪂 we’re hovering now and it would not appear to be we’re slowing down 🤩 pic.twitter.com/XY0rUztKpV

— Base Dawgz (@BaseDawgz) July 15, 2024

Base Dawgz is a “base jumping” meme coin that may hop seamlessly between the Base Layer 2, the Ethereum mainnet, Binance Good Chain, Solana, and Avalanche. This capability is vital for 2 causes.

First, Base Dawgz might change into one of the vital meme cash for blockchain interoperability. As merchants have to rapidly shift funds from one chain to a different to leap on the most recent scorching meme coin, they’ll depend on $DAWGZ to take action with low charges.

Second, Base Dawgz has made a wager on a number of chains for its future. It doesn’t matter whether or not Solana meme cash beat out Ethereum meme cash, or if Avalanche rises and turns into the brand new hub for meme coin improvement. In all of these situations, $DAWGZ is about to prosper.

Crypto business consultants have been extraordinarily bullish on $DAWGZ, with main analysts like Jacob ‘Crypto’ Bury predicting that it might be the following meme coin to ship a large 100x return.

For a restricted time, presale buyers can stake their $DAWGZ and fill their baggage with 1,336% APY rewards. Plus, buyers who join their X accounts to the presale and share content material from the Base Dawgz X account can qualify for a $DAWGZ airdrop earlier than the token launches.

The following $DAWGZ price enhance is simply 3 days away, so don’t miss this opportunity to affix the Base Dawgz presale on the lowest potential price.

Go to Base Dawgz Presale