• 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

Dutch Finance Minister to Revise Tax Overhaul

chest

The Dutch Finance Minister announced plans to amend the controversial tax bill on unrealized gains following criticism from lawmakers and investors.

user avatarRajesh Kumar

India's Gold ETF Inflows Hit Record 250 Billion Rupees

chest

Gold ETF inflows in India have reached a record 250 billion rupees, surpassing equity mutual fund inflows for the first time.

user avatarLucas Weissmann

Potential Surge in Coinbase's USDC Revenue with Increased Adoption

chest

Bloomberg analysts estimate that Coinbase's USDC-related revenue could grow significantly with broader adoption and regulatory clarity.

user avatarFilippo Romano

Ethereum Faces Increased Selling Pressure Amid Market Caution

chest

Ethereum is experiencing significant selling pressure as market sentiment shifts towards caution, with a notable increase in user deposits to exchanges.

user avatarEmily Carter

Attempted Murder Charges Filed in Crypto Investment Dispute

chest

A man in his thirties has been charged with attempted murder after allegedly poisoning his business partner over a dispute related to failed crypto investments.

user avatarTomas Novak

XRP Faces Resistance and Support Levels

chest

XRP price is currently trading above key support levels but faces resistance near 1460 and 150.

user avatarKaterina Papadopoulou

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.