Ron Conway Breaks Away from Cryptocurrency Super PACs, the Crypto Sector Is Divided, but the New Meme Coin Base Dawgz (DAWGZ) Is Bringing Optimism

Recently, a top Democratic megadonor Ron Conway decided to break away from a network of cryptocurrency’s most powerful super PACs (Political Action Committees).

A top Democratic megadonor has decided to break away from a network of cryptocurrency’s most powerful super PACs, over their recent decision to spend $12 million to unseat Sen. Sherrod Brown (D-Ohio) without informing him.

Conway, a tech billionaire, donated $500,000 to one of the PACs last December. But he now believes the group’s recent decisions are misguided and will undermine efforts to pass crypto-friendly legislation in Congress.

As the U.S. crypto community has worked hard to get more Democratic policymakers to accept and support digital assets, the group's new plan could undermine such efforts. Conway also wrote that not one person bothered to give him a heads-up about doing it.

“I’m the one using my 25+ year old personal relationships to help this movement the most significantly and not one person bothered to inform me. Sadly, I’m even a donor to Fair Shake,” he said.

The PACs move, combined with the fact that the election campaigns in the US are heavily focused on who will win the support of the crypto industry, and the fact that Kamala Harris is being pressured to remove Gary Gensler from his position at the SEC, is all contributing to further division and insecurity regarding the future of the crypto sector in the country.

Despite this, many in the crypto world are still optimistic, which is why they have been investing in new opportunities, such as one of the hottest new meme coins right now — Base Dawgz (DAWGZ).

Base Dawgz is a multi-chain dog-based meme coin created on the Base blockchain, as its name suggests. However, its multi-chain nature will allow it to launch its native cryptocurrency, the DAWGZ token, on more than one chain. In fact, DAWGZ will go live simultaneously on five chains at the same time.

According to the project, its token will go live at the same time on Base, Ethereum, Solana, Avalanche, and BSC. On top of that, it will use Wormhole and Portal Bridge technologies to allow users to easily move their tokens between different chains, accessing new opportunities of each blockchain whenever they choose.

Because of this, users will be able to quickly and easily move their money around, with no need to convert it, use stablecoins, or depend on wrapped versions of various cryptos. Instead, they will have a token that can achieve true interoperability, which is what attracted major attention to its ICO.

The project managed to raise over $2.98 million as of August 20, while selling DAWGZ for $0.009173 per token. Moving forward, the project will see several more price increases during presale, so buying DAWGZ early, before that happens, will be beneficial for investors. You can buy the token with USDT, USDC, ETH, BNB, BUSD, AVAX, and SOL.

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