BRETT Falls Over 10% as Some Traders Switch to New Base Meme Coin DAWGZ

The meme train game on Coinbase's main chain has taken another turn.

Britt (BRETT) stock has fallen more than 10% in the past 24 hours, leaving traders scratching their heads.

But while Brit investors are grieving, another competitor continues to perform well – Peace Dogs (DAWGZ).

BRETT Token Drops, but Is This a Buying Opportunity?

BRETT, the largest meme coin on the main chain, took a hit last day.

Trading now At $0.141A decrease of more than 10% from the highest level recorded yesterday.

BRETT's decline was steeper earlier, reaching a 13% decline before a slight rebound.

Trading activity also slowed.

Spot trading volumes fell by 23% to $49.1 million.

This was triggered by a rejection of the $0.158 resistance level, which formed a bearish double top pattern on the 1-hour chart.

However, miniaturization paints a different picture.

The daily chart indicates that a bullish flag may be forming, indicating that the BRETT decline may be temporary.

This conflicting technical analysis has left traders and analysts divided on the token's prospects.

As with all meme currencies, fluctuations like this are par for the course.

While some investors are nervous, others are viewing it as a potential buying opportunity before the next leg higher.

The Meme Coin base craze shows no signs of slowing down

Although Brett stumbled, the core series was on a tear in 2024.

Coinbase's Layer 2 solution has become a hotbed of cryptocurrency activity, with Total Value Locked (TVL) Reaching $7.2 billion.

This makes it the second largest layer 2 network in the world.

But it's not just about the reserved funds.

The base processes transactions at breakneck speed, leaving even Ethereum in the dust.

We're talking about over 50 million monthly transactions compared to Ethereum's 37.9 million transactions.

And with daily active users (DAU) Consistently tops 500,000it's clear that Base isn't just a flash in the pan.

This massive growth has not gone unnoticed by meme creators.

Thanks to Coinbase's pedigree, extremely fast transactions, and low fees, Base has become the premier destination for the next wave of joke tokens.

The success of tokens like BRETT has only increased interest and activity on the main chain.

In fact, at the time of writing, the total market cap is for everyone Basic Series Mimi Coins It has exceeded $1.9 billion.

Although BRETT is the largest ever, conditions exist for another meme coin to reach similar heights.

Base Dawgz Presale Heats Up – The Next Big Meme Coin on the Basic Chain?

While Brett is taking his breath, there is another dog-shaped token that works well.

Enters Dawgs base – A new basic meme coin that has sparked investor interest.

Despite BRETT's stumble, investors are still rallying in the Base Dawgz presale, which has already generated $1.9 million in just a few weeks.

So, what got everyone excited about this project?

For starters, DAWGZ is not just another useless meme coin.

It's got some serious multi-series ambitions.

Imagine you are a DAWGZ holder, but you find an opportunity to earn a return on Solana.

That won't be a problem – with Base Dawgz's multi-threaded architecture, you can cross over from Base to Solana in seconds.

but this is not all.

The Base Dawgz team has a clear focus on community, as evidenced by their “Share-to-Earn” program, which rewards people who create and post DAWGZ memes on social media.

There is also a pre-sale referral system that offers a 10% commission (paid in USDT).

For long-term holders, a staking protocol is in the works, promising regular passive income.

However, Base Dawgz is still in pre-sale, so these features are not accessible yet.

DAWGZ tokens are available for just $0.00527 each, and purchases are accepted in ETH, SOL, BNB, AVAX, and USDT.

Combine this low price with the growing buzz in the project Telegram channeland there is an argument that DAWGZ could be the next big altcoin.

Visit Base Dawgz Presale

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