• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Market Update: BEFE Coin's Unprecedented Takeover of PEPE and SHIBA INU

user avatar

by Giorgi Kostiuk

2 years ago


The market has been witnessing the rise of BEFE coin in recent weeks, surpassing other meme coins in terms of popularity and price speculation. Despite not experiencing a major bull run, BEFE has managed to outperform many meme coins. This coin has been gaining traction rapidly and is now even overshadowing well-known meme coins like PEPE and SHIBA INU.

PEPE coin is a direct meme coin associated with the famous frog-face internet meme, while SHIBA INU gained immense popularity between 2020 and 2023 for its potential utility. However, both PEPE and SHIBA INU encountered challenges, such as declining hype and significant losses for investors. On the other hand, BEFE coin has emerged as a strong contender in the meme coin market, showing promising signs of fulfilling the expectations that the older meme coins could not meet.

One of the key factors contributing to BEFE's success is its community engagement and sustainability plan, which surpass those of PEPE and SHIBA INU. BEFE's community comprises various crypto traders and investors actively participating in discussions and promotions without relying heavily on paid social media influencers.

In essence, BEFE coin's organic growth and community-driven approach have set it apart from other meme coins, positioning it as a potential leader in the market.

Source: The Bit Times

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Solana Ecosystem Dominates High-Volatility Narrative

chest

The Solana ecosystem remained the epicenter of high-volatility assets, attracting significant capital flows.

user avatarKenji Takahashi

Market Sentiment on HTX Surges Amid High-Volatility Assets

chest

Market sentiment on HTX surged from December 1 to December 7, driven by macro volatility and renewed risk appetite, with high-beta assets like Solana and BSC-based AI meme coins leading the gains.

user avatarGustavo Mendoza

Bipartisan Cooperation on Crypto Legislation Begins to Emerge

chest

Bipartisan cooperation on crypto legislation is emerging as both parties begin to accept key elements of each other's proposals, marking a significant shift in the legislative process.

user avatarMiguel Rodriguez

Senate's Crypto Market Structure Bill Faces Major Setbacks

chest

The Senate's efforts to finalize a bipartisan crypto market structure bill are faltering due to party disagreements and White House resistance.

user avatarRajesh Kumar

Tom Lee Declares Ethereum Has Bottomed as Bitmine Doubles Down

chest

Tom Lee, founder of Fundstrat, asserts that Ethereum has reached its lowest point, backed by Bitmine's increased purchases.

user avatarLuis Flores

Ostium Raises $20 Million in Series A Funding to Enhance Trading Protocol.

chest

Ostium Labs has raised $20 million in Series A funding to enhance its decentralized trading infrastructure and expand its offerings.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.