Cryptocurrency
Base Dawgz Unleashes Staking Rewards as Cross-Chain Meme Coin Raises $2.3M in Presale

A new dog-themed meme coin is muscling into the crypto scene.
Base Dawgz (DAWGZ) just rolled out its staking rewards, giving early investors a path to generate passive income.
And with the presale raising over $2.3 million already, things are getting exciting for DAWGZ holders.
Base Dawgz Launches Staking Rewards for Early DAWGZ Investors
Base Dawgz’s team is looking to make their mark on the meme coin space.
As of today, DAWGZ holders can stake their tokens and watch the rewards roll in.
It’s like getting paid to HODL.
Here’s the setup: The team has earmarked 20% of the total supply (1.69 billion DAWGZ) just for staking rewards.
And these rewards are dished out every hour for an entire year.
But there’s more.
Base Dawgz’s presale phase has also caught fire, blasting through funding milestones every few days.
The presale has already raised over $2.3 million since it kicked off.
Right now, interested investors can buy DAWGZ tokens for just $0.00581 each.
This price will rise in future presale stages, so those who invest as soon as possible will receive the highest discount.
Combining a presale discount and staking incentives makes DAWGZ one of the more attractive dog coins currently on the market.
With the presale continuing to ramp up, many believe now is the perfect time to get in before the project’s official launch.
Share-to-Earn System & Details Roadmap Fuel DAWGZ Hype
There’s more to Base Dawgz than just staking.
The team is also rolling out a Share-to-Earn system that’s got investors buzzing.
It’s simple: Produce some hilarious memes, share them on Twitter, and rack up points.
Once the presale ends, participants can redeem those points for more DAWGZ tokens.
Ultimately, it’s a win-win for the developers and community members.
Adding to Base Dawgz’s appeal is its tokenomics setup, which allocates large amounts of DAWGZ for marketing, liquidity, and the presale.
There’s even a 10% chunk earmarked for mysterious “DAWGZ rewards.”
And for those wondering about the road ahead, Base Dawgz’s whitepaper outlines an ambitious plan.
This plan includes audits, community growth, exchange listings, and “future development.”
It’s like the team has its hands full with exciting plans to keep the hype rolling.
With such a clear roadmap, Base Dawgz is shaping up to be a real breakout contender in the latter half of 2024.
Investors Buzz About Base Dawgz’s Multi-Chain Flexibility
Now, let’s talk about Base Dawgz’s flagship feature – its multi-chain foundation.
This isn’t just another meme coin hosted on a single blockchain.
Instead, Base Dawgz is ultra-flexible and can operate on Ethereum, Solana, Base, Avalanche, Binance Smart Chain, and more.
Base Dawgz’s team has pulled this off using two advanced protocols – Wormhole and Portal Bridge.
This multi-chain approach isn’t just for show.
It opens up a world of possibilities for DAWGZ holders: more exchanges, more liquidity, and more DeFi opportunities.
It’s like having a pass to every party in crypto.
However, despite the excitement around Base Dawgz, the meme coin market as a whole has been pretty bearish recently.
Top coins like PEPE and WIF have sunk this week as traders take profits.
The good news is that Base Dawgz is still smashing through presale milestones despite this bearishness.
That’s a promising sign suggesting traders still have plenty of confidence in this newcomer.
YouTube star ClayBro, who has over 130,000 subscribers, even suggested DAWGZ “will make millionaires.”
Taking everything into consideration, things are looking positive for this coin.
With staking rewards now live and an ambitious multi-chain roadmap underway, Base Dawgz could make some serious moves.
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Cryptocurrency
Forget 1%, 3%, or 5%: Financial Advisor Recommends Up to 40% Bitcoin Allocation

Bitcoin’s evolution has been quite spectacular, especially in terms of global adoption. Recall that the asset was mostly ignored by legacy investors for its initial years, then became the laughing stock of many, before it finally started to capture the attention of previous doubters.
As prominent names like Paul Tudor Jones III, Kevin O’Leary, or even former critic Ray Dalio started to enter the ecosystem, their general advice was that people should look to invest no more than 5% in the cryptocurrency. However, the adoption curve has completed a 180-degree turn, and some financial advisors are now recommending bigger percentages. A lot bigger.
40% in BTC?
As reported by CNBC, Ric Edelman, head of Digital Assets Council of Financial Advisors, noted that a lot has changed since his initial take on the matter, which was four years ago. At the time, he advised investors, especially the more conservative ones, to allocate around 1% of their portfolios to BTC.
“Today I am saying 40%, that’s astonishing. No one has ever said such a thing,” he said now.
The reason for this monumental increase in his recommendation is the global status of Bitcoin (and some other cryptocurrencies). Most were ridiculed several years ago when it was unknown whether countries, such as China, or even the US, might move to ban them in some form. Now, the situation is entirely different as the US and a few others have presented plans on how to accumulate BTC as a reserve asset.
Old-School 60/40 Doesn’t Work
One of the most popular theories for investing is allocating 60% of a portfolio into stocks and 40% into bonds. While this classic split may have worked in the past, the landscape is different now, and it requires more risk and a greater exposure to stocks, according to Edelman.
“If you’re a financial advisor and you had a 30-year-old client who was saving for their long-term future, you would tell them to put 100% of their money in stocks, because they have 50 years to go. Today’s 60-year-old is kind of like yesterday’s 30-year-old. You need to get better returns than you can get from bonds, and you need to hold equities longer than ever before.”
Instead of such solid exposure to stocks, though, he said people should diversify with crypto and BTC in particular, which is a “wonderful way to improve modern portfolio theory statistics.”
“The crypto asset class offers the opportunity for higher returns than you’re likely to get in virtually any other asset class,” Edelman concluded.
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Cryptocurrency
Israel Will Buy BTC and ETH and Give it to a Gambling Offender

Israel will buy 19.15 BTC and 83 ETH, collectively worth over $2.2 million. But if you think that this is a step toward adopting crypto or that the country is planning to establish an alternative currency reserve – well, think again.
Shai Siboni – a popular Israeli footballer, who’s also a known gambling offender – had his crypto wallet “lost” while he was detained in police custody over two years ago.
Speaking on the matter was a police official, who said:
This is a serious oversight and it is still unclear how the wallet disappeared.
So, to make up for the “oversight,” the state of Israel will purchase a brand new digital wallet, fund it with 19.15 BTC and 83 ETH, and, well, give it back to Siboni.
Siboni Turned into “an Extremely Wealthy Man”
Commenting on the matter was also a senior official, who said that “this wallet was worth about a million shekels about seven years ago. Since then, currency prices have risen dramatically, and the state will pay dearly for the negligence of an elite police unit.”
This is one of the most serious failures we’ve had, and the saddest thing – no one is taking responsibility.”
Siboni, who is a convicted gambling offender has been turned into an “extremely wealthy man,” concluded the official.
A Gambling Offender
To provide a bit of context on the profile of Siboni – he’s considered a major target when it comes to illegal gambling as part of the Lahav 433 Unit’s investiagtions.
During the two World Cups – the one in 2014 in Brazil and the one in 2018 in Russia – Siboni operated illegal betting lines for thousands of gamblers.
Suspicions place his profits to the tune of more than 100 million shekels. These were used to purchase luxury cars, apartments and other assets. The hard truth, however, is that the state had difficulty proving that the money came from criminal activity, so the majority of his property (including the crypto wallet) was returned to him.
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Cryptocurrency
Calm Before the Storm? Bitcoin Consolidates Around $107,000: Weekend Watch

The broader cryptocurrency market remains relatively calm and for the past 24 hours there haven’t been any major movements.
Bitcoin continues trading in a more or less narrow range between $106,000 and $108,000, begging the question if this is the calm before the storm and if a major move is just around the corner.
Bitcoin Price Consolidates at $107K
Bitcoin’s price didn’t go through any major moves during the past day and continues consolidating at around $107,000.
The absence of volatility is also seen in the level of liquidations, which has declined by 4% on the daily, currently standing at around $200 million, according to Coinglass. The majority of them are short positions, meaning that the bulls are defending this area successfully, at least so far.
As seen in the chart below, the price has managed to recover from the losses endured last weekend following the US strike of strategic Iranian nuclear bases.
That said, as CryptoPotato reported, the number of larger wallets, holding 10 BTC or more, hit 152,280, which is the highest since March. This signals that deep-pocketed investors show a lot of confidence and might be positioning themselves for an incoming rally.
Altcoins Trend Flat but Leaning Bullish
The majority of large-cap altcoins are trading in the green. They are not charting any significant gains, but the heatmap is obviously leaning bullish.
Notably, Ripple’s XRP is charting gains of more than 4% on the day, being the best-performing altcoin from the top 10 by means of total market capitalization.
Bitcoin’s market dominance is down by around 0.5% in the past 24 hours, which shows that the altcoins are attempting to capitalize on its flat trend. It’s interesting to see if this will continue.
The best performer today is Quant (QNT), which is up 6.5%, followed by SPX6900 and Jupiter (JUP), both of which are up by 5.3% and 4.8%, respectively.
On the other hand, Aptos, Pi Network, and SEI are today’s worst performers, down by 7.7%, 3.8%, and 3.6%.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
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