One of the most exciting meme coins of 2024 is coming closer and closer to its listing dates. However, before that happens, investors who missed out on the presale of Base Dawgz ($DAWGZ) still have one last chance to get involved at the listings price before the inevitable pump that we think is going to happen.

The presale ran for two months and raised over $3.2 million. It is now giving investors a small window to purchase the newest addition to the Base chain meme coin collection. We think Base Dawgz could replicate the success of Brett (BRETT) which has been one of the best-performing meme coins of 2024 and is also available on Base.

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Base Dawgz- Its exciting presale bodes well for its future on the market 

The meme coin market has become incredibly competitive in 2024. Long gone are the days when a cute or funny meme would guarantee your success with investors. The amount of meme coins launched in 2024 far dwarfs all the previous years combined and a study released in June by Binance found that meme coins had risen in value by nearly 600% for the year to date.

This is great for investors but the market is a bit over-saturated now. In a period from the start of April to May, over 1 million meme coins were launched. This is over saturation so we need to look more carefully for the coins that are actually going to succeed. This is why the Base Dawgz presale stood out to us.

First of all, you have the design of the site. This won us over straight away. When you log into the site you will be met with the image of the pup at the center of the ecosystem floating in the sky. He has just base-jumped and acrobatically floats with you down the presale page as you explore everything that the meme coin has to offer.

Then there were the great presale promotions that the project ran. The share-to-earn campaign was a great way for investors to fatten up their store of $DAWGZ tokens before the listings started. Investors could share memes and other content related to Base Dawgz on their social channels and they would earn points. The points were then redeemed for tokens once the presale ended.

There was also a referral bonus scheme that every investor had a chance to take advantage of. When you bought $DAWGZ tokens, you would have also been given a referral code at checkout. You would then receive a 5% bonus for every person who signed up using your link. These are all great initiatives that help Base Dawgz stand out from the crowd.

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Is this the dog token that the Base chain has needed to surpass Solana?

We touched on the growth in the meme coin market already but another fascinating consequence of this has been a shake in the popularity of networks. Ethereum had been on top for so long and Solana, as recently as 2023, had been described as a failed experiment. However, it was saved by meme coins on its network and actually passed Ethereum in popularity.

Then came Base, a token launched by Coin Base. Its layer 2 features means it too can host other tokens through its launchpad base.fun. Base has suddenly become very popular with meme coin investors too and has rocketed up the standings in the popularity stakes mostly thanks to Brett (BRETT).

Now, the only issue is of Base's market value of $1.1 billion, BRETT takes up $813 million of that. The nine other meme coins on the chain are not pulling their weight. The only other pup meme, Besenji ($BENJI), has a modest market cap of $19.9 million. This is where Base Dawgz can come in and carry some weight.

The great thing either way is that Base Dawgz is a multi-chain token. So although its home is on Base, it also gets all the benefits of being traded on ETH, SOL, BSC, and AVAX. So, it has the strong points of all these chains and covers all the bases necessary to be successful.

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Last chance to buy before the inevitable bull run 

It looks like at the moment that a bull run could be imminent in September. A lot of this will come down to the Federal Reserve which will meet later this month to discuss whether or not to cut interest rates. The rates have not been cut in so long now that it is likely a reduction would cause a bull run. Early rumblings suggest that is how things will go.

If that's the case, we believe Base Dawgz will be part of this so make sure you do not miss out! 1 DAWGZ = 0.008582 USD and that's how it will remain until the official launch in two days. Make sure you are also ready to dive into gains with this dare-devil pup.

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Conclusion 

That brings us to the end of our Base DAwgz review. As you can see we are very high on this meme coin and think it can be the pup meme that Base has desperately needed to take off. The fun presale initiatives suggest that the ecosystem isn’t finished and more cool features will continue to pop up in the future.