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Bitcoin Crashes, but Base Dawgz (DAWGZ) and Pepe Unchained (PEPU) Emerge as Potential Low-Cap Altcoin Winners

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2024-08-09 12:09:27376browse

Bitcoin has recently experienced one of its most significant price drops since 2022, with its value plummeting over 10% on Monday morning.

Bitcoin Crashes, but Base Dawgz (DAWGZ) and Pepe Unchained (PEPU) Emerge as Potential Low-Cap Altcoin Winners

Bitcoin price crashed to levels unseen since early 2022 in the last 24 hours, but some meme coins are still managing to perform well despite the downturn.

Freshly launched meme coin Base Dawgz (DAWGZ) is nearing $3 million in presale.]

Among them are Base Dawgz (DAWGZ) and Pepe Unchained (PEPU), both of which are generating buzz despite the broader market decline.

Base Dawgz (presale link) is a multi-chain token that primarily resides on the Base chain, a rarity in the crypto market. It also boasts a staking protocol and a Share-to-Earn mechanism.

As highlighted by crypto analyst ClayBro in a recent YouTube video, DAWGZ offers "more rewards than the rest." This statement aligns with investor sentiment, as evident in the over 7,800 active members in Base Dawgz's Telegram channel.

To ensure investor confidence in the token's security, Base Dawgz's smart contracts have been audited by Coinsult.

Despite the broader market struggles, Base Dawgz's multi-chain features, growing community and analyst backing give it a fighting chance to buck the trend. Investors are participating in the presale to capitalise on the token's potential for growth once the market rebounds.

Another meme coin generating buzz despite the bearish market is Pepe Unchained (PEPU). The project has raised nearly $7.5 million in its presale, leading investors to speculate on its potential to explode once it hits the open market later this year.

However, Pepe Unchained aims to be more than just a meme coin. The developers are building their own Layer-2 blockchain on Ethereum, designed to make transactions faster and cheaper.

The goal is to enable near-instant confirmations and reduce fees to a fraction of a cent, compared to the typical $10 Ethereum transaction fee that can take minutes to process.

According to Pepe Unchained's whitepaper, the network will be 100 times quicker than Ethereum. Staking PEPU tokens is expected to yield an annual return of 263%, which is considered above average for token holders.

This combination of fast transactions, low fees and attractive staking has garnered significant interest in the project.

Its Telegram channel boasts over 4,600 members and PEPU is currently ranked second on CoinSniper's list of upcoming crypto launches to watch.

Despite the bearish sentiment in the meme coin market, Pepe Unchained is thriving, drawing attention from investors to participate in its presale.

Currently, investors can purchase PEPU tokens for $0.0089105 each, with the team accepting ETH, BNB, USDT and credit card payments.

However, the price is expected to increase as the presale progresses through different stages. Once the presale concludes, PEPU will be listed on a decentralised exchange (DEX) and the Pepe Unchained Layer-2 network will go live.

Analyst Endorsements and Community Support

Pepe Unchained's approach has caught the attention of popular analysts and YouTubers in the crypto world.

Notable figures like Oscar Ramos and Crypto Gains have praised PEPU's innovative features, while Austin Hilton, a well-respected figure in the crypto community, took to Twitter to call the PEPU presale "huge."

In addition to analyst support, Pepe Unchained taps into the popular Pepe the Frog meme, a strategy that has worked well for other tokens.

A recent example is Book of Meme (BOME), which saw an 80% increase in July. PEPU aims to replicate or surpass that price action by offering real utility with its Layer-2 solution.

Pepe Unchained's combination of advanced technology and strong community support positions it as a potential standout in the meme coin space, despite the current market conditions.

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