The crypto market is rebounding after the crash, with Bitcoin up 5.09% over the last 24 hours, crossing the $60,000 mark again at $60,452.68 per BTC. The meme coin market is following suit, growing significantly as the space hopes for another bull run.
The biggest pumps are felt in Base blockchain meme coins, with the likes of Pepe(PEPE) and dogwifhat (WIF) trailing close behind.
Brett And Mog Coin Lead The Charge Pumping Double Digits
Brett (BRETT) is the mascot of the Base blockchain, one of the fastest-growing blockchains in the world. This success has led BRETT to a 10.44% pump over the last 24 hours, nearing the 10-cent mark trading at $0.09996 each.
However, looking at longer timeframes shows the token still has some losses to recoup. BRETT is still down 16.00% over the last 7 days, and down 20.55% over the last month.
Social media is predicting another breakout for Brett, seeing its current movement as consolidation before the price skyrockets. This is further supported by growing investor interest, as Brett’s daily trading volume is up 12.43% to $50,908,411.
$BRETT consolidating to a key area
Bouncing in the purple box and holding a large bullflag
Max accum zone as market recovers, the breakout is guna be real pic.twitter.com/7EkI3TdlQ0
— Hami Bennett Ballers (44.4%) (@BennettHamiora) August 8, 2024
Another Base meme coin- Mog Coin (MOG) is also seeing significant growth, with the “first culture meme coin” pumping 13.28% over the last 24 hours. Trading at $0.000001479 per token, MOG is seeing a large influx of investor interest, with its daily trading volume up a massive 36.46% all the way to $49,432,771.
MOG might have even more potential than BRETT in the short term, the token is only down 8.55% over the week and has completely recouped its losses at a monthly timeframe, growing 0.34% over the past 30 days.
PEPE And WIF Making Strides Rallying Back Nearing Pre-Crash Prices
The world’s third biggest meme coin- Pepe, is up 8.55% over the last 24 hours, trading at $0.000008541 each. Even more impressively, its daily trading volume surged 32.08% up to over $1 billion at $1,167,026,609.
While PEPE’s weekly and monthly performance isn’t anything to brag about, down 15.85% and 6.97% respectively, its strong community remains bullish on the token. With growing investor interest, we could see the coin regain its losses, and possibly break out further.
jesus everything looks go freaking bullish.$PEPE swing failure going to rip a lot soon pic.twitter.com/1Vj7yFO991
— Overhead Supply (@OverheadSupply) August 8, 2024
Dogwifhat (WIF)- the 4th largest meme coin by market cap is also pumping significantly, up 4.93% over the last 24 hours. Trading at $1.83, WIF is in an uncertain position with its daily trading volume dipping slightly by 8.12% to $695,734,854.
However, WIF does have the support of massive personalities on X (Twitter,) such as Bluntz, an influencer with over 260,000 followers stating it’s still a great time to buy into the token.
when $wif gets going, it goes hard.
despite being up 80% in a week,if i wasnt already positioned i would absolutely still be buying this.
limited amount of time left before the train leaves the station imo pic.twitter.com/xAwfQoMBuO
— Bluntz (@Bluntz_Capital) August 8, 2024
Looking at longer timeframes, we see WIF is only down 4.56% over the last week, and it’s actually up 8.26% over the month, signaling the potential for growth.
Base Dawgz Enters the Fray Raising Over $2.8M in ICO
Base Dawgz (DAWGZ) is a brand new meme coin on the Base blockchain turning heads with its massive staking rewards and innovative refer-to-earn (R2E) model.
The token has already raised $2.8 million selling at just $0.007414 per token, showing strong investor interest.
DAWGZ’s R2E model revolves around rewarding users who create content about the token on X (Twitter,) helping it stay in the public eye. With 15% of the total token supply set aside for this goal, there are significant gains to be made.
The DAWGZ presale follows a dynamic pricing model, rewarding early investors by slowly raising prices each week or when a funding goal is met. One of DAWGZ’s biggest selling points is its staking rewards, providing a 921% APY. This lets stakers almost 10x their token holdings over a year.
The token has already caught the attention of experts. The likes of ClayBro, a YouTuber with over 130,000 subscribers praised the token’s staking rewards and came out with a bold prediction of 50x returns on DAWGZ.
Base Dawgz Price Predictions Show 50x Gains Ahead! Do Not Miss Out!
While only time will tell if DAWGZ will be successful, being built on the fastest-growing blockchain with an innovative earning model & marketing strategy is definitely a step in the right direction.