New Delhi: It is early days in the bull market and the veterans from the last bull cycle are not wasting any time investing only in the top coins looking for big gains. They are also diving headfirst into memecoins, looking to be the early investors before people find them. Every crypto bull market is characterized by short bear cycles where some projects fall behind permanently. From the second week of March, the price of the majority of cryptocurrencies has fallen due to the regular negative market circumstances. One coin that has been aping contrary to the rest of the market is BEFE.
What is BEFE?
Launched in late 2023, the Blockchain Ecosystem for Everyone Token, or BEFE Coin, had no presale and no taxes attached. Participating early investors in BEFE’s fair debut have experienced an amazing 550% return on their capital. With a strong community behind BEFE, a healthy daily transaction volume, and the right tokenomics supporting it, BEFE is quickly emerging as the hot pick of this cycle leaving behind even winners of the last cycle in the dust.
How is BEFE doing?
Compared to the rest of the market BEFE is doing staggering numbers. The all time low (ATL) for BEFE was $0.0001284, which was recorded on Nov 27, 2023 while the current price is 338.70% higher than the ATL. With a price increase of 45% in the last 7 days, from 26th March, BEFE is outperforming the global cryptocurrency market which is up only 12.80%. BEFE also has a growing transaction volume of $567,729 for a memecoin of its size. BEFE also reached a 24-hour trading volume of $1,584,965 on 23rd March. With good numbers behind BEFE and given its low visibility in the market right now, things are looking really good for BEFE as the alternative to popular memecoins.
Conclusion
Degens are looking to say goodbye to the old memecoins like PEPE and Shiba INU and move on to coins from this new era. BEFE is turning out to be an interesting choice for most investors looking to diversify their portfolio with a memecoin which is still early in its moonshot journey . “Ape first, research later” is the mantra followed by most degens, however it’s still advisable to DYOR before buying any crypto.
To know more about BEFE, Visit https://befetoken.com