Michi on Solana and Toshi on Base are two gems on a heavy discount right now, and the BaseDawgz presale continues to fly toward $2 million.
The market is in a dip right now, with Bitcoin plunging below $65,000. Although it has since reclaimed the key level, the overall market is bleeding as a result, with meme coins being hit especially hard.
As a result, several great projects are at a heavy discount, namely Michi on Solana and Toshi on Base. On the presale front, BaseDawgz continues to reach new targets, with the launch imminent.
Michi Processing Insane Volume Even With The Market Dump
Michi is down nearly -16% over the past 24 hours, which is impressive considering many meme coins are currently down over -20%.
The 24-hour volume for the Infinity meme cat is $7.9 million—a crazy feat considering there is a lot of blood in the market. The holder count is also up. There are currently 24,000 holders, an increase of nearly 6,000 over the past month.
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Michi is a frontrunner in becoming the first billion-dollar cat meme coin in crypto.
There are already a multitude of billion-dollar dog memes: Bonk, Floki, Dogwifhat, Shiba Inu, and Doge all have market caps comfortably over $1 billion.
Solana continues to be the central hub for meme coins for this market cycle and prove to be a key factor in Michi’s continued success. Its market cap is currently $79 million, meaning a 12,000% run will be required to reach the coveted $1 billion market cap.
GMICHI
Day 57 of buying 0.1 sol of MICHI everyday till we hit 1 billion market cap
Michi price: 0.1484
don’t get scared now https://t.co/ZC9MoXhFs5 pic.twitter.com/PLylNyDfU3
— davedaviddavide (@dave2024sol) June 18, 2024
Toshi Is Still a Favourite To Become The Face Of Base
Toshi is another cat meme coin holding strong comparatively during this market downturn. It is down less than -5% in the past 24 hours and currently has a market cap of $120 million.
Toshi ticks all of the boxes to succeed as a top meme coin for this cycle. It is named after Coinbase CEO Brian Armstrong’s cat. Brian named his cat after the founder of Bitcoin, Satoshi Nakamoto.
Jesse Pollak, the creator of the Base chain, has also shown support for Toshi in the past, with rumors circulating that it could be listed on Coinbase in the near future. Toshi is a wholesome project focusing solely on bringing new investors on-chain.
The community constantly creates organic, fun content, making them an ever-present presence on social media. There are over 187,000 Toshi holders and nearly 50,000 followers on its official X account.
I started working with a personal trainer and learned that he loves memes
came to our last session and he shared how he brought two friends onchain over the weekend by sending them @Toshi_base
billions of people we need to onboard and it's going to be a massive team effort
— Jesse Pollak (jesse.xyz) 🛡️ (@jessepollak) April 25, 2024
BaseDawgz Gunning For Number 1 Spot On Base
The BaseDawgz presale has just surpassed $1.75 million raised in less than two weeks with investors betting on it to perform extremely well once the token goes live.
Its home will be on Base but BaseDawgz is unique as it will be a multi-chain meme coin. You will be able to trade it seamlessly across Ethereum, Solana, BSC, and Avalanche post-launch.
The team has also announced an airdrop campaign in which individuals will be rewarded with points for creativity and engagement across social media.
Once BaseDawgz goes live, participants can trade their points for DAWGZ tokens. Users will also be able to stake their tokens, another stand-out feature for BaseDawgz that offers utility to its investors.
There is less than a week until the next price increase for the presale, so secure your bag here before prices go up!
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.