Base Dawgz ($DAWGZ) is preparing to launch on exchanges after raising $3.1 million in its presale.
The exchange launch will mark a pivotal moment in Base Dawgz’s trajectory, as it will be the first time investors can actively buy and sell $DAWGZ on the open market.
Base Dawgz is a Shiba Inu-themed meme coin available to buy on five blockchains: Base, Ethereum, Solana, BSC, and Avalanche.
What to expect after $DAWGZ launches on exchanges
Base Dawgz will launch on decentralized exchanges (DEXs) across all its supported blockchains on 4 September at 5 pm CET.
Per its roadmap, this will later be followed by centralized exchange (CEX) listings.
Presale investors will be able to claim their tokens on that same day, coinciding with the DEX launch.
However, staked tokens will be locked for an additional seven days. After that, 25% of the crypto will be unlocked daily.
This aims to facilitate a healthy initial exchange offering (IEO), where supply and demand dynamics are skewed toward price growth.
A successful IEO would likely attract more buyers, which could enable sustainable growth in the weeks after the launch.
As such, limiting the initial sellable supply may prove a shrewd decision by the $DAWGZ team.
According to the project’s roadmap, the initial DEX launch will be followed by a community airdrop, heightened marketing efforts, and further ecosystem development.
How Base Dawgz stacks up against other meme coins
Base Dawgz adopts the iconic Shiba Inu dog for its meme coin mascot. This follows in the footsteps of joke crypto giants like Dogecoin and Shiba Inu.
However, newer projects like Dogwifhat and Bonk have also seen significant success with the Shiba Inu mascot.
But while Base Dawgz taps into the Shiba Inu spirit, it also brings some fresh innovations to market.
These innovations could make it more appealing than its Shiba Inu-themed peers.
First, it’s the only one available across Base, Ethereum, Solana, BSC, and Avalanche.
This expansive reach is especially important in its early stages before $DAWGZ lists on centralized exchanges. It presents maximal growth potential by opening $DAWGZ to multiple audiences simultaneously.
Staking is another important part of Base Dawgz. We briefly mentioned that staked tokens will be locked for one week after the IEO, so investors will have to decide whether it is worth staking at this point.
However, the scale of rewards cannot be understated. It currently provides a 736% APY.
Like most staking protocols, Base Dawgz’s is based on a variable APY. This means rewards will decrease as more tokens are staked.
However, considering the project is just five days from its exchange launch, rewards of this magnitude are impressive.
For context, it’s approximately 100x higher than what you’d get for staking Ethereum.
Just 5 days left to buy $DAWGZ before IEO
Investors can purchase Base Dawgz at its IEO listing price of $0.008582.
Anything can happen after the presale, but several experts have given bullish predictions.
One of those is ClayBro, who says it is “set to explode.”
The analyst underscored the benefit of Base Dawgz’s huge staking rewards, suggesting it could offset the volatility seen across the crypto market recently.
“If you want to avoid the crazy volatility, go out and make a 700% APY by simply staking your $DAWGZ. Take away the ups and downs – no worries. Go out there and just make your rewards,” he said.
Per its website, 20% of Base Dawgz’s total supply is allocated to staking rewards. This is even with the 20% earmarked for the presale.
Considering the presale has raised over $3.1 million, a lot of crypto is up for grabs via staking rewards.
Powered by the Shiba Inu meme and incorporating multichain tech and staking, Base Dawgz is one of the market’s most exciting new meme coins.
Follow the project on X or join its Telegram for the latest updates. Alternatively, visit its website to buy and stake tokens.
