High meme cash like Dogecoin, Shiba Inu, and PEPE are falling. In the meantime, traders are pouring into Base Dawgz within the ongoing DAWGZ presale.

For now, the meme coin growth led by BONK, PEPE, appears to be over. Merchants are actually bracing for a burst that would erase thousands and thousands.

There are tell-tale indicators that every one will not be nicely.

Please, bro. You gotta promote your meme cash. When the music stops there can be solely 5 chairs bro. We’re gonna crash bro. After which who’s gonna purchase? The place will the opposite 95 chairs come from? Bro, please promote. pic.twitter.com/03OeDic8pb

— Airmass (@The_Airmass) Could 22, 2024

DOGE, PEPE, And High Meme Cash Crashing

The whole market cap for meme cash is $55 billion, down from round $65 billion final week.

Curiously, all the highest 10 meme cash, together with DOGE, SHIB, PEPE, and WIF, have posted double-digit losses within the final week of buying and selling.

(CMC)

To quantify, WIF is down -25% within the final week, whereas FLOKI has shaved -30% over the identical interval.

BOME, DOG, and MEME are additionally down roughly -30% prior to now seven days.

Although DOGE and SHIB are the undisputed kings of meme cash, no less than going by market cap, they haven’t been spared.

Nevertheless, there are different urgent issues in Dogecoin and Shiba Inu.

(SHIBUSDT)

Information from Santiment, a crypto intelligence platform, paints a regarding image for the 2 largest meme cash.

Lively addresses and buying and selling quantity in Dogecoin and Shiba Inu, key indicators of consumer exercise, have been steadily dropping in June.

This means waning curiosity amongst merchants.

However in additional optimistic information, the state of affairs going through meme cash now has some traders questioning if a brand new entrant, Base Dawgz, could be the reply to their prayers.

DISCOVER: The Finest Solana Meme Coin to Purchase in June 2024

Base Dawgz Booming, DAWGZ Presale Raises Over $1 Million

Whereas different meme cash battle, Base Dawgz is booming.

The DAWGZ presale has surpassed its preliminary goal of $600,000 barely days after launching.

On the present presale stage, every DAWGZ, the platform’s native token, is altering palms for $0.00502. Solely 5 days stay earlier than costs rise.

Thus far, over $1 million has been raised, pumped by what the meme coin gives however primarily due to its distinctive options.

For instance, Base Dawgz, in contrast to PEPE, is multi-chain. Accordingly, customers can switch the token throughout a number of blockchains, equivalent to Solana, Ethereum, and even Avalanche.

Apart from the pliability of being multi-chain, the platform will provide staking with enormous enticing rewards, an interesting function for these seeking to earn passive revenue. Based on its tokenomics, 20% of the whole provide has been allotted for this objective.

Base Dawgz’s early traction is simple, and traders who get in early stand to reap enormous rewards.

Analysts, together with YouTube influencers, are satisfied DAWGZ is one other gem that might comply with, even outperform, PEPE or BOME in the long term.

On launch, they count on the meme coin to leap by no less than 100X as Base Dawgz rises up the market cap leaderboard to dethrone established meme coin giants.

BUY BASEDAWGZ HERE

EXPLORE: FLOKI Worth Crashes As Retail Traders Race to Swap For This Different Coin

Disclaimer: Crypto is a high-risk asset class. This text is supplied for informational functions and doesn’t represent funding recommendation. You possibly can lose your whole capital.