• 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

Hyperliquid Continues to Dominate the Perpetual Futures DEX Market

chest

Hyperliquid remains the leader in the decentralized perpetual futures market, outperforming competitors in key metrics, while new challengers emerge.

user avatarZainab Kamara

Lighter DEX Sees Rapid Growth and Funding Success

chest

Lighter DEX has made significant strides in the decentralized perpetual futures market, recently raising $68 million in a funding round led by Peter Thiel's Founders Fund and Ribbit Capital.

user avatarSon Min-ho

Aster DEX Emerges as a Strong Competitor in the Perpetual Futures Market

chest

Aster DEX has seen a significant increase in trading volume and is emerging as a competitor to Hyperliquid in the decentralized perpetual futures market.

user avatarJacob Williams

US Stock Indices Surge as Oracle and Nvidia Lead AI Investment Rally

chest

US stock indices saw a notable increase on December 19, driven by a 53% surge in Oracle's shares and a 15% gain in Nvidia's stock, reflecting growing optimism in AI investments.

user avatarAyman Ben Youssef

Ripple Gains Conditional Approval to Launch National Trust Bank

chest

Ripple has received conditional approval from the OCC to launch Ripple National Trust Bank, enhancing regulatory credibility and institutional trust.

user avatarTando Nkube

Dormant Ethereum Wallets Reactivated After Years of Inactivity

chest

Dormant Ethereum wallets have been reactivated after years of inactivity, with significant amounts of ETH being transferred and staked.

user avatarKofi Adjeman

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.