The meme coin rollercoaster on Coinbaseâs Base chain just took another turn.
Brett (BRETT) has tumbled over 10% in the past 24 hours, leaving traders scratching their heads.
But while BRETT investors are feeling the blues, another contender continues to perform well â Base Dawgz (DAWGZ).
BRETT, the biggest meme coin on the Base chain, has taken a hit in the past day.
Itâs now trading at $0.141, a drop of over 10% from yesterdayâs high.
BRETTâs drop was even steeper earlier, reaching a 13% decline before a slight recovery.
Trading activity has also cooled.
Spot trading volumes are down 23% to $49.1 million.
This has been triggered by rejecting the $0.158 resistance level, which formed a bearish double-top pattern on the one-hour chart.
However, zooming out paints a different picture.
The daily chart suggests a bull flag may be forming, hinting that BRETTâs dip might be temporary.
This conflicting technical analysis has left traders and analysts divided on the tokenâs prospects.
As with all meme coins, volatility like this is par for the course.
While some investors are feeling the heat, others are viewing it as a potential buying opportunity before the next leg up.
Despite BRETTâs stumble, the Base chain has been on a tear in 2024.
Coinbaseâs layer-2 solution has become a hotbed for crypto activity, with its Total Value Locked (TVL) rocketing to $7.2 billion.
That makes it the second-largest layer-2 network in the world.
But itâs not just about the money thatâs locked in.
Base processes transactions at a breakneck speed, leaving even Ethereum in the dust.
Weâre talking over 50 million monthly transactions compared to Ethereumâs 37.9 million.
And with Daily Active Users (DAU) consistently topping 500,000, itâs clear that Base isnât just a flash in the pan.
This explosive growth hasnât gone unnoticed by meme coin creators.
With its Coinbase pedigree, lightning-fast transactions, and low fees, Base has become the go-to for the next wave of joke tokens.
The success of tokens like BRETT has only fueled further interest and activity on the Base chain.
In fact, at the time of writing, the total market cap of all Base chain meme coins has passed $1.9 billion.
Although BRETT is by far the largest, the conditions are there for another meme coin to reach similar heights.
While BRETTâs taking a breather, another dog-themed token is doing well.
Enter Base Dawgz â a new Base meme coin thatâs got investors buzzing.
Despite BRETTâs tumble, investors are still piling into Base Dawgzâs presale, which has already fetched $1.9 million in just a few weeks.
So, whatâs got everyone so excited about this project?
For starters, DAWGZ isnât just another no-utility meme coin.
Itâs got some serious multi-chain ambitions.
Imagine youâre a DAWGZ holder, but you spot an opportunity to earn a yield on Solana.
That wouldnât be a problem â with Base Dawgzâs multi-chain architecture, you can bridge from Base to Solana in seconds.
But thatâs not all.
Base Dawgzâs team has a clear focus on community, as evidenced by the âShare-to-Earnâ program, which rewards people who create and post DAWGZ memes on social media.
Thereâs even a presale referral scheme that offers a 10% commission (paid in USDT).
And for long-term holders, thereâs a staking protocol in the works, promising regular passive income.
However, Base Dawgz is still in its presale phase, so these features arenât yet accessible.
DAWGZ tokens are available for just $0.00527 each, and purchases are accepted in ETH, SOL, BNB, AVAX, and USDT.
Combine that low price with the growing buzz in the projectâs Telegram channel, and thereâs a case to be made that DAWGZ could be the next big Base meme coin.
Visit Base Dawgz Presale
Disclaimer: The above article is sponsored content; itâs written by a third party. CryptoPotato doesnât endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatoâs full disclaimer.
The post BRETT Falls Over 10% as Some Traders Switch to New Base Meme Coin DAWGZ appeared first on CryptoPotato.
Brett (BRETT) has tumbled over 10% in the past 24 hours, leaving traders scratching their heads.
But while BRETT investors are feeling the blues, another contender continues to perform well â Base Dawgz (DAWGZ).
BRETT Token Dips, But Is It a Buying Opportunity?
BRETT, the biggest meme coin on the Base chain, has taken a hit in the past day.
Itâs now trading at $0.141, a drop of over 10% from yesterdayâs high.
BRETTâs drop was even steeper earlier, reaching a 13% decline before a slight recovery.
Trading activity has also cooled.
Spot trading volumes are down 23% to $49.1 million.
This has been triggered by rejecting the $0.158 resistance level, which formed a bearish double-top pattern on the one-hour chart.
However, zooming out paints a different picture.
The daily chart suggests a bull flag may be forming, hinting that BRETTâs dip might be temporary.
This conflicting technical analysis has left traders and analysts divided on the tokenâs prospects.
As with all meme coins, volatility like this is par for the course.
While some investors are feeling the heat, others are viewing it as a potential buying opportunity before the next leg up.
Base Chain Meme Coin Mania Shows No Signs of Slowing
Despite BRETTâs stumble, the Base chain has been on a tear in 2024.
Coinbaseâs layer-2 solution has become a hotbed for crypto activity, with its Total Value Locked (TVL) rocketing to $7.2 billion.
That makes it the second-largest layer-2 network in the world.
But itâs not just about the money thatâs locked in.
Base processes transactions at a breakneck speed, leaving even Ethereum in the dust.
Weâre talking over 50 million monthly transactions compared to Ethereumâs 37.9 million.
And with Daily Active Users (DAU) consistently topping 500,000, itâs clear that Base isnât just a flash in the pan.
This explosive growth hasnât gone unnoticed by meme coin creators.
With its Coinbase pedigree, lightning-fast transactions, and low fees, Base has become the go-to for the next wave of joke tokens.
The success of tokens like BRETT has only fueled further interest and activity on the Base chain.
In fact, at the time of writing, the total market cap of all Base chain meme coins has passed $1.9 billion.
Although BRETT is by far the largest, the conditions are there for another meme coin to reach similar heights.
Base Dawgz Presale Heats Up â Next Big Meme Coin on the Base Chain?
While BRETTâs taking a breather, another dog-themed token is doing well.
Enter Base Dawgz â a new Base meme coin thatâs got investors buzzing.
Despite BRETTâs tumble, investors are still piling into Base Dawgzâs presale, which has already fetched $1.9 million in just a few weeks.
So, whatâs got everyone so excited about this project?
For starters, DAWGZ isnât just another no-utility meme coin.
Itâs got some serious multi-chain ambitions.
Imagine youâre a DAWGZ holder, but you spot an opportunity to earn a yield on Solana.
That wouldnât be a problem â with Base Dawgzâs multi-chain architecture, you can bridge from Base to Solana in seconds.
But thatâs not all.
Base Dawgzâs team has a clear focus on community, as evidenced by the âShare-to-Earnâ program, which rewards people who create and post DAWGZ memes on social media.
Thereâs even a presale referral scheme that offers a 10% commission (paid in USDT).
And for long-term holders, thereâs a staking protocol in the works, promising regular passive income.
However, Base Dawgz is still in its presale phase, so these features arenât yet accessible.
DAWGZ tokens are available for just $0.00527 each, and purchases are accepted in ETH, SOL, BNB, AVAX, and USDT.
Combine that low price with the growing buzz in the projectâs Telegram channel, and thereâs a case to be made that DAWGZ could be the next big Base meme coin.
Visit Base Dawgz Presale
Disclaimer: The above article is sponsored content; itâs written by a third party. CryptoPotato doesnât endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatoâs full disclaimer.
The post BRETT Falls Over 10% as Some Traders Switch to New Base Meme Coin DAWGZ appeared first on CryptoPotato.
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