{"id":626321,"date":"2024-06-25T13:44:59","date_gmt":"2024-06-25T13:44:59","guid":{"rendered":"https:\/\/wncen.com\/?p=626321"},"modified":"2024-06-25T13:44:59","modified_gmt":"2024-06-25T13:44:59","slug":"brett-surges-almost-20-as-new-base-chain-meme-coin-dawgz-hits-2m-in-ico","status":"publish","type":"post","link":"https:\/\/wncen.com\/all\/brett-surges-almost-20-as-new-base-chain-meme-coin-dawgz-hits-2m-in-ico\/","title":{"rendered":"Brett Surges Almost 20% as New Base Chain Meme Coin DAWGZ Hits $2M in ICO"},"content":{"rendered":"
The Base blockchain continues to grow – with two joke tokens making headlines this week.<\/p>\n
Brett (BRETT), Base\u2019s largest meme coin, has surged almost 20% in the past 24 hours.<\/p>\n
Hot on its tail, newcomer Base Dawgz (DAWGZ) is also causing a stir, having raised over $2 million since its ICO went live at the beginning of the month.<\/p>\n
BRETT is turning heads with its recent price action.<\/p>\n
After a period of uncertainty, BRETT has bounced back, currently trading at $0.155<\/a>.<\/p>\n Earlier today, the token even touched $0.162 before pulling back slightly, showing that it still has the potential to explode.<\/p>\n All of this bullishness came after BRETT rejected the $0.130 support level.<\/p>\n However, despite this rejection, the momentum seems to be slowing \u2013 suggesting that the initial excitement might be cooling off.<\/p>\n <\/p>\n Zooming out, BRETT is still stuck in a range on the higher timeframes.<\/p>\n The 4-hour chart also showcases the token\u2019s indecision, with the price unable to decide whether it wants to stay above or below the 50-period exponential moving average (EMA).<\/p>\n Despite this indecision, there\u2019s no denying traders\u2019 interest.<\/p>\n Spot volumes are up 53% since yesterday, showing that traders are paying more attention to BRETT.<\/p>\n BRETT has even leapfrogged<\/a> Book of Meme (BOME) in the market cap rankings.<\/p>\n It\u2019s not just BRETT making waves on the Base blockchain.<\/p>\n The entire Base meme coin market<\/a> is surging, with its total value rising 10% to over $2 billion in the past day.<\/p>\n Trading volumes are also on the up \u2013 now at $140 million.<\/p>\n While BRETT, DEGEN, and TOSHI continue to dominate the conversation, newcomers are quickly making their mark.<\/p>\n BENJI, for instance, has been rocketing up the charts, proving there\u2019s always room for new players.<\/p>\n <\/p>\n But what\u2019s driving the meme coin mania on Base?<\/p>\n For starters, Base\u2019s layer-2 architecture offers much lower transaction fees than Ethereum\u2019s mainnet.<\/p>\n This makes it an attractive playground for developers and traders looking to capitalize on the demand for meme coins.<\/p>\n Add to that Base\u2019s growing user base \u2013 now at over 500,000 daily active users<\/a> \u2013 and you\u2019ve got a recipe for viral growth.<\/p>\n Base total value locked (TVL) has also rocketed to $1.5 billion<\/a>.<\/p>\n These figures show why Base has become a breeding ground for meme coins in 2024.<\/p>\n Alongside BRETT, another Base meme coin is making headlines this week.<\/p>\n Base Dawgz<\/a> has just sailed past the $2 million milestone in its ICO, showcasing the enormous interest from retail investors.<\/p>\n Importantly, the buzz around Base Dawgz isn\u2019t just because of its ICO success.<\/p>\n Social media platforms are also red-hot with chatter about this meme coin, with the project\u2019s Twitter page<\/a> now at 4,000 followers.<\/p>\n <\/p>\n Most of the excitement is about DAWGZ\u2019s multi-chain capabilities.<\/p>\n Imagine buying DAWGZ tokens on Base, quickly transferring them to Ethereum to take advantage of a new DeFi opportunity, and then zipping over to Solana to trade.<\/p>\n This is what the Base Dawgz developers have in mind.<\/p>\n Adding to the buzz is the project\u2019s Share-to-Earn protocol.<\/p>\n It\u2019s turning meme-making into a lucrative hobby, with community members earning points for creating and sharing DAWGZ-related content.<\/p>\n These points can later be exchanged for DAWGZ tokens \u2013 creating a self-fulfilling hype cycle.<\/p>\n <\/p>\nWhy Are Investors Flocking to Base Meme Coins?<\/h3>\n
Could Base Dawgz be the Next Big Base Meme Coin?<\/h3>\n