The dogwifhat (WIF) price has taken a nosedive, plummeting 6% to hit new two-month lows under $2.25, a staggering 45% drop from its May highs. As the broader crypto market struggles, investors are scrambling to find a new haven, and their eyes are fixed on Base Dawgz (DAWGZ), a new crypto ICO that promises a potential 1,897% windfall.

The WIF price has been in free fall, with bears firmly in control, as it found strong resistance at its 21 and 50-day moving averages earlier this month, a major sell signal. A retest of March/April lows around $2.0 now seems increasingly likely.

Given the bearish conditions, it's no surprise that WIF investors are seeking alternative investment opportunities. Base Dawgz, a new crypto ICO, is attracting attention, and the team at Cryptonews.com is bullish on it.

Base Dawgz is a new meme coin that launches with exciting multi-chain bridging, or base jumping, capabilities. The coin appears across five blockchains: Base, Ethereum, BNB, Avalanche, and Solana. Despite only launching a few weeks ago, eager investors have already invested over $1.3 million in DAWGZ, with demand hot.

The analysts at Cryptonews now rank Base Dawgz as one of the 15 best meme coins to buy in June. With its unique features and growing popularity, Base Dawgz is poised to be one of summer's best meme coin plays.