BEFE Coin’s Ascendancy: Following in the Footsteps of SHIBA INU and PEPE COIN?

With the ongoing bull cycle where both Bitcoin and Ethereum are touching all-time highs, altcoins and memecoins like PEPE coin and Shiba Inu are also set to witness impressive pumps in price.  

Memecoins are notoriously volatile but have managed to remain a crowd favourite. Shiba Inu and PEPE coin are amongst the most popular memecoins in the space. But there’s a new player which has made significant waves since its inception. 

Early investors who participated in BEFE’s fair launch walked away with an impressive 550% return on their investment in just 4 months. It is in the same spot that PEPE coin and Shiba Inu were undergoing in their early stages, except it is doing that in a bull market. 

The new memecoin king?

Introduced in August 2020 as a direct rival to Dogecoin, Shiba Inu (SHIB) is a crypto operating on the Ethereum blockchain. Shiba Inu coin was quickly adopted by a large community of investors who were drawn by the cute charm of Shiba Inu. Shiba Inu reached an ATH of $0.00008845 on October 29th 2021 with a market capitalization of $52.1 billion.

Shiba Inu does not have a burning or redistribution mechanism, but it relies on its community to create demand and value for the token.

PEPE coin was launched in April 2023 as a tribute to the Pepe the Frog internet meme. PEPE coin appeals to the cryptocurrency community by instituting a no-tax policy, a redistributive system rewarding long-term stakers, and a burning mechanism to maintain scarcity of the PEPE coin.

PEPE coin reached an ATH of $0.000004354 on May 5th 2023 with a market capitalization of $1.6 billion. While investing in meme coins entails considerable risk, Pepe Coin stands out as a token that has garnered substantial popularity.

Within this competitive memecoin space where players like Shiba Inu and PEPE coin dominate, BEFE, which is backed by Bitgert, has carved a niche for itself in less than four months of its inception. Thanks to its combination of powerful tokenomics, a concrete use case roadmap, and a committed community, BEFE could surpass its ATH. 

Conclusion

PEPE coin has been down 19% in the last 7 days while Shiba Inu has been down 21% in the last 7 days. 

BEFE on the other hand is outperforming Shiba Inu and PEPE coin currently. There has been a pump of 0.54% in the last 24 hours. 

Memecoins like PEPE coin, Shiba Inu and BEFE are considerably susceptible to fluctuations based on sentiment and hype so don’t forget to DYOR.

To know more about BEFE, Visit https://befetoken.com


Buy BEFE coin from the below exchanges now!

Buy on Gate.io – BEFE/USDT
Buy on MEXC – BEFE/USDT


Buy on Pancakeswap

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