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Home»Business»Crypto
Crypto

New Base Crypto Presale Raises $450,000, Leading to 3x Rise in Base Chain Ecosystem’s Total Value Locked

April 10, 2024No Comments2 Mins Read
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The Ethereum layer-2 scaling blockchain Base, launched by Coinbase last year, is experiencing significant growth in its ecosystem in 2024. The value locked (TVL) in Base smart contracts has tripled to $1.775 billion from $518.53 million at the end of 2023. This surge is attributed to the explosive growth in Base meme coins such as Brett (BRETT) and Degen (DEGEN), with market caps of nearly $700 million and just under $500 million, respectively. Additionally, trading activity on Base has increased dramatically, with daily volumes reaching hundreds of millions of dollars. Investors are now exploring new Base crypto presales, including Dogeverse, which has raised over $450,000.

Dogeverse is a new crypto presale generating buzz leading up to Doge Day on April 20th. The project stands out for its multi-chain capabilities, launching on the six most used blockchains, excluding Bitcoin, with plans to expand to Solana, Avalanche, and Base. Dogeverse aims to be the go-to destination for meme coin launches, offering a unique multi-bridge utility that sets it apart from other meme coins. This expansion is a significant development in the meme coin space, highlighting the increasing opportunities for projects to leverage multiple chains for their launches.

The multi-chain approach of Dogeverse is unprecedented in the meme coin sector, positioning itself as a pioneer in the field. By being present on various chains, Dogeverse aims to maximize its reach and appeal to a broader audience of users and investors. The project’s ambition to create an interconnected network of meme coins across different blockchains is a bold move that could potentially revolutionize the meme coin landscape. Investors and users are closely following Dogeverse’s progress and eagerly anticipating its official launch on additional chains.

Investors should be aware that investing in crypto assets, including meme coins, carries high risks. While Dogeverse and other meme coin projects may offer lucrative opportunities, the volatile nature of the crypto market means that investors could potentially lose all of their capital. It’s essential to conduct thorough research and exercise caution when investing in crypto assets. Interested individuals can stay informed about Dogeverse’s developments through their social media channels such as Twitter and Telegram. As the meme coin craze continues to unfold, it’s crucial for investors to stay informed and make informed decisions to navigate this rapidly evolving sector.

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