WIF Crashes: Dogwifhat Investors Eye New ICO for Potential 1,897% Windfall
WIF Crashes: Dogwifhat Investors Eye New ICO for Potential 1,897% Windfall / Source: Cryptonews
As the dogwifhat (WIF) price crashes on Friday amid a bloodbath to end the week being witnessed across the crypto markets, investors are eyeing an exciting new ICO called Base Dawgz (DAWGZ) as they hunt for a 20x or 1,897% windfall.
WIF tanked 6% on Friday to hit new two-month lows under $2.25, having now corrected 45% from its May highs.
Bears are very much in control of the Solana meme coin. It found strong resistance at its 21 and 50DMAs earlier this month, a major sell signal.
A retest of March/April lows around $2.0 now seems very likely, as the broader crypto market struggles.
As the dogwifhat (WIF) threatens a retest of MarchéApril lows around $2, a new ICO is attracting attention. Source:
TradingView
Given bearish conditions, it’s no surprise that WIF investors are eyeing up alternative investment opportunities.
One new ICO they should check out, and that the team at Cryptonews.com are big fans of, is Base Dawgz .
Base Dawgz is a new Base meme coin , but that is launching with exciting multi-chain bridging, or base jumping, capabilities.
Here’s why this new ICO could be one of summer’s best meme coin plays .
New ICO Base Dawgz (DAWGZ) Attracting Attention – Here’s Why
A new Base meme coin called Base Dawgz (DAWGZ) has caught the attention of analysts at Cryptonews, who now rank it as one of the 15 best meme coins to buy in June .
Base Dawgz (DAWGZ) is a base jumping Shiba Inu that appears across five blockchains; Base, Ethereum , BNB , Avalanche and Solana .
Despite having only launched a few weeks ago, eager investors have already piled over $1.3 million into DAWGZ. Demand is hot.
And the Base Dawgz X account is also exploding, having already garnered over 3,200 followers.
Investors are advised not to wait around too long. DAWGZ is currently available at $0.00502, but that price will rise in just over 3 days.
DeFi degens are also flocking to DAWGZ, with the token also a passive income gem.
20% of the DAWGZ supply has been allocated to staking rewards, while an airdrop program is soon to be announced.
Gains cannot be guaranteed, as is the case with any crypto. It’s tough to predict which coin is going to catch the market zeitgeist.
But the risk-reward for DAWGZ is very good, ranking it amongst the best Base chain meme coins to buy .
Of course, investors must always remember that all meme coins are very risky.
They must do their own due diligence and understand what meme coins are and how they work before investing. And they must never risk more than they can afford to lose.
Check Out Base Dawgz Here
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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