As the Pepe (PEPE) price declines sharply amid a broad crypto market sell-off in wake of the latest US jobs figures, its investors are shifting their focus to a new ICO in the meme coin space called Base Dawgz (DAWGZ) that has big potential.
Pepe was last trading just below $0.000013, over 10% down on the day.
The meme coin dipped below its 21DMA for the first time April on Friday. That’s a sign that the bears may now be in control.
That said, PEPE dipped all the way as low as $0.00001120 and has since bounced 14% from session lows.
The 50DMA (at $0.00001050) plus the March/mid-May highs around $0.11 appear to have provided strong support.
It’s probably too soon, then, to call an end to the ongoing Pepe bull market. Pepe is probably still among the best meme coins to buy in June.
That said, it makes sense that, with Pepe still not too far from all-time highs, investors look for alternatives.
Here is why they are shifting their focus to an exciting new ICO called Base Dawgz (DAWGZ).
A new Base meme coin called Base Dawgz (DAWGZ) has caught the attention of analysts at Cryptonews, who now rank it as one of the 15 best meme coins to buy in June.
Base Dawgz (DAWGZ) is a base jumping Shiba Inu that appears across five blockchains; Base, Ethereum, BNB, Avalanche and Solana.
Its just-launched presale has already been able to take in nearly $500,000 as buzz begins to grow.
https://twitter.com/BaseDawgz/status/1799025286627106915
And the Base Dawgz X account has already garnered over 500 followers, while the Telegram group already has 128.
Investors are advised not to wait around too long. DAWGZ is currently available at $0.00479, but that price will rise in just over 5 days.
New ICO DAWGZ doesn’t just come packed with cross-chain bridging
Read more on cryptonews.com