Expert Analysis: BEFE Coin’s Overtaking of PEPE and SHIBA INU Unstoppable
In Brief
The community can gain maximum from BEFE’s price gains as there’s no crypto tax involved. Besides, BEFE has deflationary price mechanics and a limited supply, making it valuable in the long term. BEFE is forging partnerships and collaborations with industry leaders to add better use cases for the tokens and to expand the ecosystem further
Traders and investors who are aware of how crypt markets work realize the opportunity in memecoin investments. Popular coins like DOGE, PEPE, and SHIBA INU have rewarded investors with bountiful in their glory. Hundreds of new memecoins are launched daily, and another hundred die untimely.
The bull market is taking a break. Most of the coins are in red, and the market capitalization is down 5% over the day. These dull times are the best to think over your investment and trading strategy and look for unexplored tokens that have the potential to chart rallies and score price gains.
Among the top gainers in memecoins, one coin that has caught the fancy of traders and investors alike is BEFE. In terms of price performance and gains, BEFE has been putting tough competition on popular memecoins like PEPE and SHIBA INU. Let’s consider BEFE dynamics against PEPE and SHIBA INU and why it is poised to overtake the top memecoins in the months to come.
BEFE’s price trajectory
Despite being a relatively new memecoin, BEFE has presented a formidable price trajectory and rewarded investors with returns up to 550%. The whole market is currently lying low, and memecoins have been the worst affected. PEPE has declined by 17% over the week, while SHIBA INU has seen a 20% decline in value. BEFE, on the other hand, experienced a considerably low decline of 13% over the same period.
PEPE had at one time given 15,000% returns to the traders. However, its returns have shrunk by half. SHIBA INU looks priced in as the ecosystem is well developed and there are barely any developments or new features that could trigger rallies for the memecoin.
Regarding BEFE’s price action, the returns have been fairly good until March. BEFE’s movements reflect Bitcoin’s price trajectory, and as Bitcoin sets itself on the recovery path, experts suggest BEFE might remove one or two zeroes from its price figure.
BEFE’s Strong Fundamentals
BEFE was launched without a presale or crypto tax. Traders can buy BFE tokens without the fear of a rug pull or a scam, as the entire supply of the tokens is vested in the hands of the community.
The community can gain maximum from BEFE’s price gains as there’s no crypto tax involved. Besides, BEFE has deflationary price mechanics and a limited supply, making it valuable in the long term. BEFE is forging partnerships and collaborations with industry leaders to add better use cases for the tokens and to expand the ecosystem further.
BEFE is based on the BItgert blockchain and is compatible with Ethereum, BSC, and Polygon. It can be traded on several exchanges, including Uniswap, Pancakeswap, gate-io, etc.
BEFE token presents a bundle of opportunities for traders to explore as the positive price action kicks in and the market gets into recovery mode. Invest in BEFE today to secure a fortune in the coming months.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
