JasmyCoin Surges 80% Amidst Partnership Rumours, While Base Dawgz, a New Meme Coin on the Base Chain, Is Predicted to Rally Significantly Due to Its Strong Presale and Innovative Approach

JasmyCoin (JASMY), a crypto project from a Tokyo-based Internet of Things company, has seen a notable surge in price recently.

Amidst the dynamic cryptocurrency market, two altcoins have garnered substantial attention: JasmyCoin (JASMY) and Base Dawgz (DAWGZ). While JASMY has experienced a notable price surge, DAWGZ is rapidly emerging as a promising new meme coin on the Base chain.

As of June 17, JASMY has witnessed a 4.65% increase in value over the past 24 hours, boasting a trading volume of $250,706,771. This marks a significant surge of 136.90% from the previous day.

This uptick has propelled JasmyCoin to the 52nd position among cryptocurrencies by market cap, with a valuation of $1.76 billion. The bullish momentum is largely attributed to speculation regarding a potential partnership with Nvidia, a leading global corporation in AI technology.

This rumor has piqued the interest of investors, driving up trading volumes and market activity to new highs. Technical indicators suggest that JasmyCoin could continue this upward trend, with projections of reaching $1 by the end of June 2024.

On the other hand, another altcoin is making waves in the crypto community with its rapid presale success and innovative approach. Built on the Base chain, Base Dawgz has raised over $1.5 million in presale within just a week.

This fundraising success underscores the strong interest in Base layer-2 tokens, which offer faster and cheaper transactions compared to traditional Layer 1 blockchains like Ethereum.

Base Dawgz leverages a multi-chain design, operating across various blockchain networks, including Ethereum, Solana, Binance Smart Chain, and Avalanche. This interoperability is facilitated by bridging protocols such as Portal Bridge and Wormhole, enhancing the token's usability and accessibility.

The multi-chain presence is expected to boost its visibility and adoption, potentially driving significant price increases post-launch. Prominent crypto YouTubers and analysts have highlighted Base Dawgz’s potential.

Jacob Bury, a well-known crypto YouTuber, and Matthew Perry have both spoken about the project's strong fundamentals and growth prospects. ClayBro, another respected analyst, believes that $DAWGZ could mint millionaires by following the trajectory of successful meme coins like Dogecoin and Shiba Inu.

Base Dawgz stands out not only for its innovative design but also for its proactive community engagement. The project's refer-to-earn mechanism incentivises community members to attract new investors by offering a 10% commission in USDT for successful referrals.

This strategy has significantly boosted community participation and investment interest. Moreover, Base Dawgz plans to introduce staking rewards, with 20% of the total token supply allocated for this purpose.

Staking helps stabilise the token's price by encouraging investors to lock up their tokens, reducing market supply while generating passive income. The project's smart contract has been audited by Solid Proof, ensuring its security and boosting investor confidence.

Base Dawgz also capitalises on the Base chain's rapid adoption and growing user base. The Base chain, a Layer-2 solution for Ethereum, addresses scalability issues by offering faster and cheaper transactions.

This efficiency is attracting a growing number of users and projects, making it a formidable competitor to established blockchains like Solana. Base Dawgz is well-positioned to benefit from this growing ecosystem.

The project's social media presence is strong, with over 11K followers on X (formerly Twitter) and 10K members in its Telegram group. This robust community support, combined with the innovative share-to-earn concept, enhances its market potential.

The share-to-earn mechanism rewards users for sharing DAWGZ-related content on social media, promoting community engagement and boosting the token's value.

News source：https://www.kdj.com/cryptocurrencies-news/articles/jasmycoin-surges-amidst-partnership-rumours-base-dawgz-meme-coin-base-chain-predicted-rally-strong-presale-innovative-approach.html

The above is the detailed content of JasmyCoin Surges 80% Amidst Partnership Rumours, While Base Dawgz, a New Meme Coin on the Base Chain, Is Predicted to Rally Significantly Due to Its Strong Presale and Innovative Approach. For more information, please follow other related articles on the PHP Chinese website!