Latest News

Newest Meme Coin on Base Chain, Base Dawgz Crypto Presale Raises $200k in Minutes

Published

4 months ago

June 5, 2024

NEW YORK, June 5, 2024 /PRNewswire/ — The Base Dawgz ($DAWGZ) meme coin has landed, and in minutes more than $200,000 was contributed to its crypto presale.

$DAWGZ is the newest addition to the roster of meme coins launching on the powerful Base chain. It will seek to leverage the popularity of the Shiba Inu dog breed theme – seven of the top 10 meme coins have a doggie persona.

In addition, Base Dawgz offers share-to-earn utility and will be introducing staking rewards at a later date.

Although a relatively new chain, Base meme coin market capitalization is over $2 billion.

Base Dawgz token’s primary home is on the Base chain, but as its website states, $DAWGZ is inspired by the ‘spirit of base jumping’ and is interoperable across multiple chains.

Alongside Base, Base Dawgz token also resides on Ethereum, Solana, BNB Chain and Avalanche.

With $DAWGZ, users can base jump across blockchains, opening up the Coinbase-invented Layer 2 blockchain to traders and users of multiple chains, thereby widening its appeal.

Currently priced at just $0.00479 in Stage 1 of its presale, $DAWGZ can be bought with ETH, SOL, BNB, AVAX and USDT.

According to the website’s countdown, there are only six days before the presale price rises. The presale price increases by 5% in each successive price stage, so it pays to buy early.

https://x.com/BaseDawgz/status/1798020060893913476

Base Dawgz meme coin super-charging the cultural phenomenon that is Shiba Inu with share-to-earn and multi-chain agility

Community members are at the center of Base Dawgz’s marketing strategy, thanks to its share-to-earn system that pays out point rewards for sharing $DAWGZ-centric content on social media.

Simply click on the ‘refer and earn’ button on the homepage and connect your wallet to generate your referral link. All those referring will receive 5% of the amount contributed by the referee.

All created and shared content earns points that are redeemable for $DAWGZ tokens.

To start earning rewards, participants will need to link their X account to verify shared content, claim the XP rewards points, and redeem them for $DAWGZ.

Base Dawgz is a virtuous circle that rewards community creativity, which, in turn, helps to grow the $DAWGZ community and the value of the token.

Fifteen percent of the total token supply of 8,453,000,000 is set aside for $DAWGZ rewards. Meanwhile 20% of the token supply will be available for purchase in the presale, 20% each for staking and liquidity, 15% earmarked to marketing and 10% listings.

The Base Dawgz smart contract is audited by blockchain security company Solid Proof, which indicates the project’s professionalism and security.

Furthermore, the contract is not upgradeable and is fully renounced, which means the supply cannot be changed or backdoors introduced into the code with dishonest intent. Suffice it to say that the Base Dawgz smart contract cannot burn or mint tokens.

Base chain is catching up fast on Solana – and Base Dawgz is set to lead the running

Solana came from nowhere to become the dominant chain for launching meme coins, but could Base be the next launchpad of choice for cute, funny viral meme coins?

Unlike Solana which is a Layer 1 blockchain, Base is a Layer 2 for Ethereum. Ethereum Layer 2 protocols like Base exist to make Ethereum more scalable, making transactions faster and cheaper.

Although Base was only launched in August last year, it has already achieved transactions per second of as much as 400, which matches Solana. The devs promise yet more improvement to come.

Solana has claimed real-time transactions per second (tps) of up to 1,000, but the majority of those are actually failed transactions. The high ratio of failed transactions has been criticized as a factor that undermines Solana’s hopes of becoming a reliable enterprise-ready rail for firms looking to adopt decentralized networks.

Base Dawgz can benefit from cheap fees and more robust security on Base

When it comes to gas fees, because Base is a Layer 2 it has a separate execution fee that is much cheaper than the security fee. The security fee is only paid when bundles of transactions are written to the Ethereum chain.

Although Solana’s proof-of-history protocol means fees might be cheaper, Base has the upside of using the more decentralized, and therefore more secure, Ethereum blockchain.

On other fundamentals, there are important differences that further support the future expansion potential of Base.

While Solana might still, for now, trump Base when it comes to on-chain 24-hour transactions levels, by a very wide margin (4.5 million to 53 million), it is a different story on the fiat value of transfers-in from unique active wallets interacting with decentralized applications (dApps). Here Base pulls in $1.76 billion, ranking it in fifth place among all chains, against $1.1 billion for Solana, according to dappradar data.

The unique active wallets metric reflects Base’s ability to tap into the rapidly growing user base of Coinbase’s, which, according to information last reported by the company in 2022, stood at 110 million users globally.

Also, looking at the total value locked (TVL) as one way of measuring the value of a chain, Base’s TVL has been trending higher since March this year and now stands at $1.7 billion.

The most significant jump was between mid-March and April when TVL more than doubled from $670 to $1.58 billion, according to data compiled by DefiLama. Solana’s TVL is $4.8 billion.

Moreover, the value of daily transaction volumes on Base is $320 million, which is admittedly less than half of Solana’s, on $733 million, but is nevertheless an impressive number for a chain barely a year old.

Base can eclipse Solana and that might be good news for Base Dawgz

Again, these data points can all translate into big pluses for Base Dawgz.

Taken together, the chain fundamentals outlined above are encouraging signs that Base could be the next up-and-coming chain for all things meme coins.

And, as a by-product, the mushrooming in meme coin transactions on the chain could spur wider adoption of Base by proving its general robustness.

A fast-growing chain increasing in popularity with meme coin enthusiasts, share-to-earn functionality, future plans for staking and lastly the predominance of the Shiba Inu phenomenon in the top rankings of meme coins, means all the stars could be aligning for an explosive $DAWGZ launch.

Don’t miss out on key developments and news from the project – join the Base Dawgz community on X and Telegram.

Photo: https://mma.prnewswire.com/media/2430959/Base_Dawgz_Coinbase_Infographic.jpg

View original content:https://www.prnewswire.co.uk/news-releases/newest-meme-coin-on-base-chain-base-dawgz-crypto-presale-raises-200k-in-minutes-302164898.html

Latest News

COCA Celebrates Q2 2024 with Record-Breaking Milestones and New Launches

Published

1 month ago

August 7, 2024

CISION (PR Newswire)

HONG KONG, Aug. 7, 2024 /PRNewswire/ — COCA, a pioneering force in the crypto wallet and financial services industry, has achieved several remarkable milestones in Q2 2024. Thanks to the steadfast support of its user community, COCA has launched new features, expanded its partnerships, and garnered prestigious accolades, further solidifying its position as a leader in the crypto space.

Launch of Physical Cards

COCA has introduced its highly anticipated physical cards, which are now available globally and compatible with Apple Pay and Google Pay. These cards allow users to make transactions with ease, earning cashback rewards on their purchases. This significant launch marks a step forward in integrating crypto with everyday financial activities, enhancing user convenience and financial flexibility.

Wallet Growth Milestone

The company has reached a significant milestone with 510,000 active wallets, reflecting a 102% growth quarter-on-quarter. This surge in active wallets highlights the increasing trust and adoption of COCA’s platform, as more users join the COCA community to manage their crypto assets securely and efficiently.

Transaction Volume Surge

In Q2 2024, COCA processed over USD 450,000 in transactions through its platform, demonstrating the robust usage and popularity of its financial services. This impressive transaction volume underscores COCA’s commitment to providing smooth and efficient crypto payment solutions.

Integration with Revolut

COCA has made it easier for users to fund their wallets by integrating with Revolut. This new feature allows seamless loading of crypto assets, enhancing the overall user experience and accessibility of COCA’s services.

Award Recognition

COCA has been honoured with the “Best Startup” award in the Financial Revolution category at CONF3RENCE & BLOCKCHANCE 2024. This award is a testament to COCA’s innovative approach and significant impact on the future of finance, recognizing its efforts in driving forward the digital financial ecosystem.

New Strategic Partnerships

COCA has formed strategic partnerships with industry leaders such as Wirex Pay and GoMining. These collaborations aim to provide users with enhanced rewards and a superior overall experience. The partnerships signify COCA’s dedication to expanding its ecosystem and delivering greater value to its users.

Welcoming Pavel Matveev

COCA is excited to announce the addition of Pavel Matveev, Founder of Wirex, to its team as a Strategy and Product Advisor. Pavel’s extensive experience and visionary approach are expected to drive COCA’s strategic initiatives and product development, contributing to the company’s continued growth and innovation.

Season 2 Point System Launch

Season 2 of COCA’s popular point system has launched, offering users the opportunity to earn points through various activities, including trades, referrals, holding assets, and spending with COCA cards. With a prize pool of USDT 3500 and 5 Wirex Pay Nodes, this season promises exciting rewards and increased user engagement. The season ends on August 9th, so users are encouraged to participate actively.

NFT Giveaway

In a special giveaway, COCA distributed 1000 GoMining NFTs to lucky users. These NFTs provide unique benefits, including enhanced mining capabilities and exclusive digital collectibles, adding significant value to the user experience.

For further details on COCA’s Q2 achievements and upcoming initiatives, visit the company’s blog.

Website: coca.xyz

COCA continues to redefine the crypto experience with its innovative solutions, seamless integrations, and user-focused approach. The company’s recent milestones and future plans highlight its commitment to leading the way in the digital financial landscape.

About COCA

COCA is a next-generation crypto super app designed to simplify and secure the crypto experience for users worldwide. With innovations in security, usability, and integration, COCA is at the forefront of the digital asset revolution. For more information, visit coca.xyz.

Photo – https://mma.prnewswire.com/media/2477245/COCA_Q2_2024.jpg
Logo – https://mma.prnewswire.com/media/2338075/4848605/COCA_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/coca-celebrates-q2-2024-with-record-breaking-milestones-and-new-launches-302216619.html

Latest News

Stake and Earn with KuCoin’s Innovative GemPool Platform

Published

1 month ago

August 7, 2024

CISION (PR Newswire)

VICTORIA, Seychelles, Aug. 7, 2024 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to announce the launch of GemPool, its innovative new platform that allows users to acquire token airdrops as a reward for staking their crypto assets. This unique product is designed to provide early access to emerging crypto projects while offering rewards for their existing holdings at zero cost. By staking respective tokens in separate pools, users can farm new tokens and gain a foothold in the latest developments within the cryptocurrency market.

GemPool also offers flexible staking terms, allowing users to stake and un-stake their assets anytime within the designated period without lock-up restrictions. This flexibility ensures that users can manage their assets according to their preferences and market conditions. Additionally, GemPool provides zero-cost rewards, enabling users to earn tokens while holding their existing cryptocurrencies. By staking their tokens, users contribute to the growth of promising new projects, supporting innovation and development within the crypto space. With completion of tasks offered, users are eligible to earn multiplier bonus and receive more rewards.

Users can participate by staking KCS, USDT, or other specified assets in designated pools. The rewards are earned according to the respective yields of the pools, ensuring a fair and exciting experience for all users.

For more information on how to participate and the benefits of GemPool, please visit the KuCoin GemPool page.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

Logo – https://mma.prnewswire.com/media/2356857/KuCoin_Horizontal_Green_LOGO_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/stake-and-earn-with-kucoins-innovative-gempool-platform-302216471.html

Latest News

Trust Wallet Launches Gamified Education Platform and Loyalty Program to Enhance and Reward Web3 Learning

Published

1 month ago

August 7, 2024

CISION (PR Newswire)

DUBAI, UAE, Aug. 7, 2024 /PRNewswire/ — Trust Wallet, the world’s leading self-custody Web3 wallet and Web3 gateway trusted by over 130 million users, has launched Trust Wallet Quests, a gamified education platform within the Trust Wallet mobile app which encourages users to earn points while exploring and learning about Web3.

Users can engage in task-based challenges ranging from quizzes to complex problem-solving scenarios composed of various DeFi and Web3 activities, all designed to deepen their understanding of blockchain technology and decentralized applications (dApps), and expose them to exciting opportunities within Web3. As an incentive, users will earn Trust Points, a loyalty-based points system designed to reward user activity within the Trust Wallet mobile app. With Trust Points, users can earn rewards upon the completion of specific tasks, making Web3 more rewarding and fun.

In the future, Trust Points will offer additional gamification features, such as unlocking achievements, badges, and levels. This interactive approach not only boosts individual learning but also contributes to broader community education and adoption of decentralized technologies, making Trust Wallet Quests a dynamic and exciting way to reward loyal users and engage with communities in Web3.

On the motive for launching Trust Wallet Quests, Eowyn Chen, CEO of Trust Wallet, stated: “The complex technology and fast-paced industry can be intimidating for both new and seasoned users. The introduction of Quests on Trust Wallet further solidifies our commitment to making it easier for millions to navigate Web3, aligning perfectly with our mission to build a seamless Web3 hub and open ecosystem for all.”

Nate Zou, Head of Product at Trust Wallet, highlighted what to expect from Trust Points and Trust Wallet Quests: “Trust Points and Quests are just the first iteration of a much-needed reward system for our community. Within 2024, we have plans to build on this, combining rewards with many of our other web3 product offerings. Overall, we envision this points system not only changing how users engage with Trust Wallet, but also encouraging more collaboration between Trust Wallet, our users and other web3 ecosystem players.”

Trust Wallet Quests and Trust Points are now available on both Android and iOS versions of Trust Wallet’s mobile app. Download here: https://short.trustwallet.com/TrustWalletQuests

About Trust Wallet

Trust Wallet is the self-custody, multi-chain Web3 wallet and Web3 gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around the world to experience Web3, access dApps securely, store and manage their crypto and NFTs, buy, sell, and stake crypto to earn rewards, all in one place and without limits.