The world of meme currencies was once dominated by players like Shiba Inu and the PEPE coin. But now, the new world order has arrived and the BEFE coin is taking over the reins from the previous currencies. BEFE coin is not just another meme coin that takes over the world of meme coins but has multiple utility cases that make it a choice that nobody would regret. The market performance of the BEFE coin has also been amazing for the investors and the currency made an incredible profit for them.
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The BEFE coin is not just taking advantage of hype created by parody but is actually working towards increasing the adoption of blockchain technology in the real world and improving blockchain transactions. So, let’s see how much potential does BEFE coin has and if it can take over the Shiba Inu and PEPE coins.
BEFE Coin Rising In the Market
Shiba Inu and Pepe Coin’s stories are well-documented. Both began as lighthearted jokes, fueled by internet virality and community enthusiasm. Their meteoric rises – Shiba Inu spiking a mind-blowing 46,000,000% at one point – captured the imagination of investors worldwide.
The BEFE coin had a start that is a little bit similar to what the other two currencies experienced. In November 2023, the BEFE coin was introduced to the market. This token was introduced without any pre-sales but had still gotten a lot of trade orders. Initially, the token was promoted as a parody coin and joke, but then the utilities of the coin kept on increasing. In the last few months, the BEFE coin has already crossed 6000% as a price hike and is still increasing its grasp over the market. In some ways, the market growth of the BEFE coin is much more than the Shiba Inu and PEPE coins.
The Market Beyond A Hype
The hype for the currency is great only until the first few weeks of the market entrance. Post this, the hype only works if the currency has any potential and can add some value to the buyer’s life. When Shiba Inu and PEPE coin entered the market, the pandemic era had kept people at home and they needed something to steer their minds clear. The parody and social media influence of these coins worked at that time because of this scenario.
Currently, the BEFE coin has to prove to the market why it is suitable for investment and growth. The BEFE coin has chosen the path of utility enhancement and since the launch, the BEFE coin has kept on adding more use cases to the token. The Bitgert chain backs up BEFE coin which helps in improving the speed of transactions. Then the recent announcements clearly suggested that the Solana chain is also backing the BEFE coin. The BEFE coin is already built upon the Ethereum chain.
All these advantages over the Shiba Inu and PEPE coin make the BEFE coin the choice for today and people thus intend to invest more in the BEFE coin.
Conclusion
The above discussion clearly suggests that the BEFE coin is superlative to the Shiba Inu and PEPE coin. KPI scores like RSI over 55, MACD and moving average as positive numbers and the increasing trading volume are all indications that the BEFE coin is all set to become huge. The market is already preparing for the jump in the price of BEFE coin. If you want to be a part of all this, then there is still time to invest in the BEFE coin.
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