Base’s First Multichain Token Base Dawgz (DAWGZ) Launches on DEXs
Base’s first multichain token Base Dawgz ($DAWGZ) launched on decentralized exchanges today.
$DAWGZ debuted on DEX at 18:00 CET and in its first few minutes on the open market has shown its bullish intent, although succumbed to profit-taking.
The base-jumping coin launches with independent token contracts for the Base and Solana chains, providing traders with a choice of two liquidity pools.
$DAWGZ’s price on the main Base ETH pair reached $0.005610 within the first minutes of trading. The SOL pair can be found over at Dexscreener.
After the initial sell-off, an emphatic buyback is expected to kick in. All presale buyers received their tokens via an airdrop to their EVM or SOL wallet, depending on which version of $DAWGZ they bought.
Presale buyers may be looking to average-down their initial purchase price, while new entrants are likely to be attracted by the prospect of a solid rebound from current prices around the $0.0023 mark.
After raising $3,358,012 in its presale, the launch has been highly anticipated because of its unique interoperability features.
Get prepped for the $DAWGZ launch:
Solana:
If you joined via Solana your tokens will be airdropped to your wallet on the Solana chain.
EVM chains:
If you joined via Ethereum, Base, BSC or AVAX your tokens will be airdropped on the Base chain. This means you need to:
➡️ Add Base… pic.twitter.com/4AFAPrqW23
Meanwhile, helping to dampen any emerging selling pressure at launch is the 39.9% of tokens sold at presale that have been staked. In order to earn rewards stakers must not move or trade their tokens during the seven-day lock period.
Presale buyers were able to stake on both the Base and Solana chains, but post-launch staking is only available on Base.
Aside from the two
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