The prices of most top cryptos have been whipsawing. But such volatility is to be expected before the Bitcoin halving event.
Experts are looking forward to the upcoming price surge and investors are looking for new assets to diversify their portfolios. As has been the case in the last bull runs, memecoins continue to spark interest amongst crypto veterans and newcomers alike.
The memecoin mania continues in this cycle too with one new age memecoin making news everywhere. BEFE is just beginning its crypto journey and holds the chance to multiply investments multifold or so experts believe.
More than a simple memecoin
BEFE focuses on more than hype. The team has been determined to provide value and impressive returns to its investors since its launch.
BEFE, like most coins right now, is undergoing a correction due to the BTC price drop. But that doesn’t mean the community behind this project is losing its trust in this memecoin’s potential.
The growing interest and continued support of the community in the coin is reflected in the 15.80% spike in the volume in the last 24 hours. The increased adoption of this asset coupled with the increase in market activity is possibly due to the consistent developments being made by the team. The trading volume of BEFE is $280,948 in the last 24 hours and the market cap is at $51M.
BEFE has been listed on CITEX and Tapbit recently. While BEFE is already present on the major chains – BSC and Ethereum, the team has recently launched SBEFE on SOL.
The asset has impressive tokenomics with a burn mechanism to avoid the problems faced by most memecoins. With a capped supply of 100B, BEFE stands apart from the memecoins with an uncapped supply which fall as fast as they rise.
The most popular exchange to buy and trade BEFE currently is Pancakeswap V3 (BSC), where the most active trading pair BEFE/WBNB has a trading volume of $7,446.54 in the last 24 hours.
Conclusion
Despite being just a few months old, BEFE has managed to make impressive progress in this competitive space.
If you’re willing to eat the dip, you stand a chance to be one of BEFE’s early adopters. If there’s a memecoin you want to bet on right now, BEFE might present a lucrative opportunity for you.
Memecoins are volatile assets so don’t forget to DYOR before making long term investments!
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