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Pepe Investors Shift to New ICO – Could It Surpass Dogecoin?

Joel Frank
Last updated: | 2 min read

As the Pepe (PEPE) price declines sharply amid a broad crypto market sell-off in wake of the latest US jobs figures, its investors are shifting their focus to a new ICO in the meme coin space called Base Dawgz (DAWGZ) that has big potential.

Pepe was last trading just below $0.000013, over 10% down on the day.

The meme coin dipped below its 21DMA for the first time April on Friday. That’s a sign that the bears may now be in control.

That said, PEPE dipped all the way as low as $0.00001120 and has since bounced 14% from session lows.

The 50DMA (at $0.00001050) plus the March/mid-May highs around $0.11 appear to have provided strong support.

As Pepe dips sharply back from recent highs, traders are assessing whether they should shift to this other new ICO instead.
As Pepe dips sharply back from recent highs, traders are assessing whether they should shift to this other new ICO instead. Source: TradingView

It’s probably too soon, then, to call an end to the ongoing Pepe bull market. Pepe is probably still among the best meme coins to buy in June.

That said, it makes sense that, with Pepe still not too far from all-time highs, investors look for alternatives.

Here is why they are shifting their focus to an exciting new ICO called Base Dawgz (DAWGZ).

New ICO Base Dawgz (DAWGZ) – Can This New Multi-Chain Meme Coin Surpass Dogecoin?

A new Base meme coin called Base Dawgz (DAWGZ) has caught the attention of analysts at Cryptonews, who now rank it as one of the 15 best meme coins to buy in June.

Base Dawgz (DAWGZ) is a base jumping Shiba Inu that appears across five blockchains; Base, Ethereum, BNB, Avalanche and Solana.

Its just-launched presale has already been able to take in nearly $500,000 as buzz begins to grow.

And the Base Dawgz X account has already garnered over 500 followers, while the Telegram group already has 128.

Investors are advised not to wait around too long. DAWGZ is currently available at $0.00479, but that price will rise in just over 5 days.

New ICO DAWGZ doesn’t just come packed with cross-chain bridging powers. It is also a potential passive income gem – a staking and airdrop program are soon to be announced.

While gains cannot be guaranteed, DAWGZ is certainly amongst the best Base chain meme coins to buy.

Investors must always remember that all meme coins are very risky. They must do their own due diligence and understand what meme coins are and how they work before investing.

New ICO DAWGZ will probably never surpass Dogecoin, which has a whopping market cap around $23 billion.

But there is no reason why this meme coin couldn’t reach a market cap in the hundreds of millions.

Check Out Base Dawgz Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.