The biggest meme coin on The Open Network (TON), $DOGS, experienced a 21% rally after news broke that Telegram CEO and Toncoin creator Pavel Durov was released on bail by French authorities. Durov is facing charges related to criminal content and activity on the Telegram messenger app, including child pornography, trafficking, money laundering, and organized crimes. Despite his arrest, $DOGS continues to maintain its position as the biggest meme coin on TON, with a market cap of $737 million.
The Open Network (TON) was originally a Telegram project but spun out in 2020 following regulatory issues with the US SEC. Despite this, TON and Telegram maintain a close affiliation. Durov’s pet dog Scotty served as inspiration for the $DOGS meme coin, which saw a price spike of over 30% shortly after its launch. Currently, $DOGS is trading at $0.001423, experiencing a slight pullback of over 8.5% in the last 24 hours. In comparison, Bitcoin ($BTC) saw a 1.7% increase in value overnight.
As meme coins continue to gain popularity, investors are exploring new opportunities in multichain meme coins like Base Dawgz ($DAWGZ). This new meme coin offers staking and share-to-earn capabilities across multiple chains like Ethereum, Solana, BNB Chain, Avalanche, and Polygon. With a pre-sale launch that raised over $3.2 million, Base Dawgz is attracting investors looking for new meme coin opportunities and enticing rewards.
Base Dawgz’s unique marketing strategy involves a share-to-earn system where community members are rewarded for sharing $DAWGZ-centric content on social media. This approach fosters a more engaged and loyal meme coin community compared to other meme coins like $DOGS. With staking rewards of up to 736%, Base Dawgz offers investors the potential for significant returns in a rapidly evolving meme coin market.
Investors looking to get in on the Base Dawgz action can purchase the token at a fixed pre-launch price of $0.008582. Various purchase options, including popular stablecoins like USDT and USDC, are available to ensure a simple and secure buying process. With only six days left to purchase the token before it increases to the next fixed pre-sale price, investors are encouraged to act quickly to capitalize on the potential growth of this promising meme coin.
In conclusion, the world of meme coins is rapidly expanding, with new opportunities like Base Dawgz offering investors a chance to explore multichain meme coins with unique features and high potential rewards. As the market continues to evolve, savvy investors are looking beyond traditional cryptocurrencies like Bitcoin and embracing the exciting possibilities offered by meme coins on platforms like TON and Ethereum. With innovative marketing strategies and attractive staking rewards, meme coins like Base Dawgz are reshaping the landscape of the crypto market and attracting a new wave of investors seeking to capitalize on this emerging trend.
