First Multi-Chain-Coin Base DawGZ starts the trade successfully
First Multi-Chain-Coin Base DawGZ starts the trade successfully
Today was the first multi-chain coin on the base chain, base dawgz ($ dawgz) , inserted to decentralized crypto bans. The trade started today at 6:00 p.m. CET and showed optimistic signals right from the start. Base DawGZ was able to collect impressive 3,358,012 USD in prizes, which significantly increased the enthusiasm for listing.
However,did not fail to take any profit from which the course burdened. A negative market trend, particularly noticeable in volatile memoins, led some investors to dissolve their positions. Nevertheless, there is still hope for the $ DAWGZ coin that maintains its stability despite the initial decline.
The exciting development of multi-chain technology
The $ DAWGZ coin shows innovative approaches with two separate smart contracts-one that is based on the base blockchain and the other on Solana. This enables investors to choose between two liquidity pools, which ensures great flexibility. In the first few minutes after the introduction, the coin rose to $ 0.009741, which corresponds to an increase of about 14 % compared to the last advance price of $ 0.008582
Thanks to the multi-chain functionality that the technologies Wormhole and Portal Bridge uses, the coin can be traded on platforms such as Ethereum, Solana, Avalanche and BNB Smart Chain. This strategic design increases the range and thus the likelihood of further stabilization and potential course increases.
Another remarkable feature is the investor's interest: 39.9 % of the coins acquired in advance were paid into a staking pool, which not only generates passive income, but also reduces sales pressure on the first trading day. This process protects the coins for a period of seven days after the list.
The Base Chain itself, introduced by the CryptoBörse Coinbase in August 2023, strives to solve the scaling problems of conventional blockchains for smart contracts. The market has shown remarkable reactions to this innovation, with the base chain now has a TVL (Total Value Locked) of USD 1.468 billion, which brings it into a strong position. In addition, the Base Chain was able to increase the trading volume to over 16.7 billion USD, which positions it very advantageously compared to its competitors.
opportunities for investors
In a volatile market environment, the $ DAWGZ coin can offer valuable opportunities. Currently, the coin could be stable by $ 0.001534, which is an attractive chance risk ratio for many investors to secure early entry-level prices. This favorable assessment could fuel potential returns, especially if you look at the historical success of comparable coins such as board, which has reached a market capitalization of $ 701.9 million, even though it has fallen strongly.
The increasing influx of users on the Base Chain, supported by the more than 100 million registered Coinbase users, indicates high growth potential. Investors who are willing to invest in investments that have been able to prove in the past that they tend to the next bull market could be correct here in the current market situation.
The development and potential of $ DawGZ as the leading Memecoin of the Base Chain are undisputed. Its combination of added value and technological innovations canceled it from other tokens available on the market and could become an indispensable component in the cryptom market. Investors should observe this exciting development carefully.
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