Shiba Inu’s Dominance Fades as Multichain Meme Coin ‘Base Dawgz’ Presale Enters Final Hours

On Sep 4, 2024

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The market downturn has led to Bitcoin hitting its lowest point in a month, with other significant cryptocurrencies also experiencing declines. Bitcoin’s sideways movement has affected altcoins and meme coins, causing them to lag behind.

Shiba Inu has been underperforming, and with blue-chip cryptocurrencies experiencing declines, it’s expected that mid and small-cap tokens, such as $SHIB, are facing challenges. This article will explore Shiba Inu’s price forecast and highlight Base Dawgz, a new meme coin with high-return potential, as its presale concludes in just a few hours.

$SHIB Meme Coin Price Prediction

As of now, Shiba Inu is priced at $0.0000133, with a 24-hour trading volume of $183.06 million and a market capitalization of $7.87 billion. Over the past 24 hours, $SHIB has risen by 0.27%. Currently, Shiba Inu’s price is more than 85% below its peak of $0.000088, reached three years ago.

Shiba Inu recently lost a critical support level at $0.0000180 and continues to decline. Historical patterns suggest that the token might revisit past lows before any significant bounce. If it reaches around $0.0000090, it could be an opportune entry point.

Despite recent downturns, there’s optimism that $SHIB could reach new highs in the future, potentially achieving a 7x return from its current level if market conditions improve. For now, buying during this dip could lower average entry prices and set the stage for future gains.

For a comprehensive analysis of Shiba Inu price predictions, check out the video above and follow his YouTube channel. Additionally, join the Jacob Crypto Bury Discord channel for trading tips and insights on upcoming crypto presales.

Base Dawgz Set to Launch with Over $3.3M Raised – Final Opportunity to Purchase DAWGZ Tokens

Analysts anticipate that the market could see a turnaround towards the end of the year, with hopes pinned on October and the following months for a potential rebound. Meanwhile, investors are flocking to join the Base Dawgz presale before it concludes.

Although the initial presale closed on August 28th, the team has reopened a brief opportunity for late participants to purchase $DAWGZ tokens at the listing price of $0.008582. This limited-time chance is available for just a few more hours.

After this window closes, on September 4th at 5 PM CET, the DAWGZ token will officially launch on a decentralized exchange (DEX). The Base Dawgz presale has already made waves, raising over $3.3 million, marking a significant achievement for a meme coin.

Base Dawgz stands out with its innovative multi-chain approach, allowing $DAWGZ to be traded across five major networks—Base, Ethereum, Solana, Binance Smart Chain, and Avalanche—due to its integration with Wormhole and Portal Bridge technology.

🚀 Base Dawgz Launch
Overview:
We’re launching on both Base & Solana chains, each with its own token contract and liquidity pool.
Here’s the full breakdown:
🔹 Launch Details:
• Two token contracts: Base chain & Solana chain
• Independent liquidity pools for each chain
🔹…
— Base Dawgz (@BaseDawgz) September 4, 2024

This gives $DAWGZ holders exceptional flexibility within the meme coin market. Additionally, Base Dawgz offers a staking program with an impressive annual percentage yield (APY) of 697%.

The project is also running a ‘Be Social for Airdrop’ campaign to boost community engagement, rewarding users for sharing $DAWGZ-related content on social media. Participants can earn points that can be exchanged for free tokens once the presale concludes.

This campaign offers an engaging way for users to interact with Base Dawgz before the coin’s official launch. Investors can feel confident in their investments as the Base Dawgz smart contract has been thoroughly audited by SolidProof with no major issues found.

For updates on the Base Dawgz listing, follow their X page or join their Telegram channel. To take part in the $DAWGZ token presale visit basedawgz.com.

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