• 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

The PASS: New Utility NFTs to Empower Web3 Creators

chest

The PASS has been introduced as a framework for Web3 creator economies, offering Utility NFTs that enable community creation and governance.

user avatarRajesh Kumar

DAOBase Launches to Streamline DAO Data Access

chest

DAOBase has been launched to aggregate data from over 140,000 DAOs into a single search engine, providing insights into governance and treasury activities.

user avatarMiguel Rodriguez

Crypto Market Cap Recovers After Recent Decline

chest

The total crypto market cap has climbed to $2.34 trillion after a 5.68% gain in the past day, despite cautious market sentiment.

user avatarLuis Flores

Vietnam Introduces New Tax on Cryptocurrency Transactions

chest

The Ministry of Finance in Vietnam has proposed a new tax on cryptocurrency trades and transfers, treating them similarly to stock trades.

user avatarArif Mukhtar

Vietnam's Crypto Market Faces Stricter Regulations and Taxation

chest

Vietnam's government is implementing stricter regulations and tax measures for cryptocurrency exchanges, requiring a minimum capital of VND 10 trillion and imposing a 20% corporate tax on domestic trading profits.

user avatarDavid Robinson

Bithumb Addresses Overpayment Error Amid Price Volatility

chest

Bithumb clarifies an internal error that led to the accidental transfer of 2,000 BTC to user wallets instead of the intended 2,000 KRW.

user avatarMaria Gutierrez

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.