With the ongoing bull cycle where both Bitcoin and Ethereum are touching all-time highs, altcoins and memecoins are also set to witness impressive pumps in price. $PEPE, $WIF, and $SLERF are amongst the most popular memecoins in the space. But there’s a new player which has made significant waves since its inception.
Despite being an early stage memecoin, BEFE has managed to reach a market capitalization of more than $45 million, with a consistent growth in its daily trading volume.
The next memecoin king?
For an asset launched without any presales and zero taxes, BEFE’s growth has been very impressive. This growth is also reflected in BEFE’s community that has over 50,000 members and counting.
Early investors who participated in BEFE’s fair launch walked away with an impressive 588% return on their investment in just 4 months.
BEFE is carving its niche, leaving behind popular memecoins such as PEPE, WIF and SLERF. But can BEFE leave behind SLERF, WIF and PEPE?
SLERF
SLERF is just a few days old memecoin that made headlines due to its developer burning $10 million.
SLERF still has a long way to go and it needs to establish itself as a legit memecoin. It is among several that have emerged as presales – or fundraising sales before the official introduction – in the past few days following the success of Book of Meme (BOME).
WIF
WIF has been making significant waves since its inception. It is up 8.28% in the last 24 hours.
The trading volume of WIF is $561,572,110 in the last 24 hours, representing a -43.50% decrease from one day ago and signalling a recent fall in market activity. It will be interesting to see if they can keep the hype alive.
PEPE
PEPE is one of the OG memecoins. It was launched in April 2023 as a tribute to the Pepe the Frog internet meme. BEFE is in the same spot that PEPE was undergoing in its early stages, except BEFE is doing that in a bull market. Ergo that marks BEFE for greater price surges and positions it to get there quickly. The reasoning behind this is simple: BEFE is priced low, around $0.0004, with the potential to explode into massive valuations.
Conclusion
BEFE is known as "the people's memecoin" among crypto enthusiasts. Thanks to BEFE’s combination of powerful tokenomics, a concrete use case roadmap, and a committed community, BEFE could surpass its ATH.
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