WIF Crashes: Dogwifhat Investors Eye New Crypto ICO for Potential 1,897% Windfall
As the dogwifhat (WIF) price crashes on Friday amid a bloodbath to end the week being witnessed across the crypto markets, investors are eyeing an exciting new crypto ICO called Base Dawgz (DAWGZ) as they hunt for a 20x or 1,897% windfall.
The WIF price tanked 6% to hit new two-month lows under $2.25, dropping 45% from its May highs.
Bears are very much in control of the Solana meme coin, as it found strong resistance at its 21 and 50DMAs earlier this month, a major sell signal.
A retest of March/April lows around $2.0 now seems very likely as the broader crypto market struggles.
Given bearish conditions, it’s no surprise that WIF investors are eyeing up alternative investment opportunities.
Base Dawgz is a new crypto ICO they should check out, and the team at Cryptonews.com is big on it.
The new Base meme coin is launching with exciting multi-chain bridging, or base jumping, capabilities.
Here’s why this new ICO could be one of summer’s best meme coin plays.
New Crypto ICO Base Dawgz (DAWGZ) Attracting Attention – Here’s Why
The analysts at Cryptonews now rank Base Dawgz as one of the 15 best meme coins to buy in June.
DAWGZ is a base-jumping Shiba Inu that appears across five blockchains: Base, Ethereum, BNB, Avalanche, and Solana.
Despite only launching a few weeks ago, eager investors have already invested over $1.3 million in DAWGZ. Demand is hot.
We've passed 1.3 million raised! Well done🍾
But let's get a show of hands for everyone that has read the $DAWGZ whitepaper🙋
— Base Dawgz (@BaseDawgz) June 14, 2024
And the Base Dawgz X account is also exploding, having already reached over 3,200 followers.
DAWGZ is currently available at $0.00502, but that price will rise in just over 3 days.
Defi degens are also flocking to DAWGZ since the token is also a passive income gem.
20% of the DAWGZ supply has been allocated to staking rewards, while an airdrop program will soon be announced.
The risk-reward for DAWGZ seems to be very good, ranking it amongst the best Base chain meme coins to buy.
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.
