The meme coin market has turned green once again.
Brett (BRETT), the largest meme coin on Base, has surged to the top of CoinMarketCap’s trending list.
Meanwhile, newcomer Base Dawgz (DAWGZ) is making its own headlines – and recently passed the $2.7 million milestone in its ICO.
Brett Meme Coin Surges 23% & Nears Key Resistance Level
Brett is experiencing a sharp rebound.
In the past 24 hours, the token has seen its price surge to $0.142, an 11% gain.
However, this rally isn’t just a flash in the pan – BRETT is now up 23% from last Thursday’s low.
The buzz around BRETT has been so intense that it briefly claimed the top spot on CoinMarketCap’s trending list.
And BRETT remains one of the top-performing meme coins over the past 24 hours.
Only Book of Meme (BOME) has posted higher gains.
As traders eye the charts, the next key level to watch out for is around $0.150.
BRETT hasn’t traded above this level since July 3 and has been rejected from it several times.
Breaking through the $0.150 barrier could prompt an even more aggressive rally.
As such, meme coin investors will be keeping a close eye on BRETT this week to see if it can maintain its bullish momentum.
Base Dawgz ICO Raises $2.7M & Offers High Staking Yields
Alongside BRETT, another meme coin is going viral in its ICO.
Base Dawgz has blown past the $2.7 million mark, drawing attention from the crypto community.
Currently, investors can snap up DAWGZ tokens for just $0.006725 each.
But they’ll need to act fast since the price is set to increase in less than 24 hours when the next stage of the ICO kicks off.
This tiered approach is creating a sense of FOMO among potential buyers.
Adding to the FOMO is Base Dawgz’s staking feature.
ICO investors can immediately stake their newly acquired tokens, with a current APY of 1,078% on offer.
This kind of return is extremely rare in the crypto space.
Naturally, the quoted APY will decrease as investors stake more DAWGZ tokens.
Yet it’s still acting as a magnet, pulling in investors who are eager to get in early and score some (potentially) enormous returns.
A massive 20% of the total DAWGZ supply has been set aside to fund these staking rewards.
And another 15% will be used for marketing to ensure Base Dawgz reaches a wider audience.
Base Dawgz’s Team Aims for Viral Growth with Multi-Chain Ambitions & Shar-to-Earn Protocol
While the ICO’s success and the staking feature are undoubtedly exciting, Base Dawgz’s main selling point is its multi-chain approach.
By operating across Base, Solana, Ethereum, Avalanche, and the BNB Chain, DAWGZ is broadly accessible.
Not only that, but it’ll also mean lower costs for meme coin traders.
Here’s how it might work in practice: Imagine you’re holding DAWGZ on the Base chain, but you want to take advantage of a DeFi opportunity on Solana.
Instead of having to sell your DAWGZ tokens and rebuy on another chain, you could simply transfer them directly to Solana.
This makes DAWGZ much more flexible than most meme coins.
On top of that, Base Dawgz’s team is also big on community engagement.
Their Share-to-Earn feature will reward users with DAWGZ tokens for creating and sharing viral content about the project.
This feature could turn every holder into a potential marketer – driving organic growth.
There’s even a referral program during the ICO phase.
ICO investors can earn a percentage of any referred purchase in bonus DAWGZ tokens, which is a win-win for both the developers and the community.
All of this makes Base Dawgz a meme coin with real substance.
So, as the ICO gains traction, investors are eager to see how these features pan out and how they could impact DAWGZ’s price potential.