While other meme coins are experiencing heavy downfall due to the rugpull season, BEFE is still maintaining its value, even in the red zone. Due to this and many more factors, experts are predicting that BEFE will rise above other coins and turn $100 investors into multi-millionaires.
What you'll learn 👉
BEFE’s Influencing Factors
BEFE had its presale event on March 23, 2024, with the aim of launching it on the SOL chain with the presale funds. The news caused investors to run towards the meme coin, which helped it close the first 4 presale phases in the blink of an eye. The presale event came to an end on April 5, 2024, with a promise of rewarding all participants with BEFE coins through an airdrop event.
The team also disclosed the tokenomics of the BEFE coin over X on April 8, 2024. As per the data, it is quite clear that 30% of the value will be kept for presale and OTC, 30% as liquidity in decentralized and centralized exchange platforms, 20% for the team and upcoming airdrop events, and 20% for key opinion leaders (KOLs) and influencers.
Since all the BEFE coins were not sold during the short presale event, the unsold coins will be used for over-the-counter (OTC) deals that will favor its liquidity greatly.
Apart from that, BEFE has also announced two all-new listings in the near future, which will increase its accessibility across the market.
BEFE’s Current Performance
Currently, i.e., on April 8, 2024, BEFE is standing at $0.0003481, indicating a downfall of 7.48% in the past 24 hours. The weekly and monthly stats are also in the red zone, showing a decline of 25.36% and 41.67%, respectively.
However, as per Coincodex data, BEFE’s volatility is at 12.41%, which falls under the “high” category. It means that the coin’s price can change at any moment. Besides, the coin’s fear and greed index is 76, which falls under the “extreme greed” category. The coin’s recent events have influenced the numbers greatly.
Turning $100 Into $1 Million
The real question here is, can BEFE turn a $100 investment into $1 Million? Taking the current value of the coin, investing $100 in BEFE right now will bring forth 287083.888769444 coins. If the coin reaches the $0.1 mark, the number of coins will turn into $28,708.3888! Besides, the launch of BEFE in the SOL chain might affect its growth positively and help it reach the $1 mark as well. If it does, the profit will be unimaginable.
However, it is better to observe the coin’s performance and analyze the market scenario before making any decision.
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Buy on Gate.io – BEFE/USDT
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