The crypto market is trying hard to recover after facing an acute pullback in the past few days. Bitcoin’s price is hovering close to $69,000 bringing every investor on its toes as to what’s going to happen next. Among them, there are some memecoin that are displaying acute strength and may go along with a minor change in the market dynamics within the space.
The Week’s Ultimate Hottest Crypto Unveiled
As the cryptocurrency market eyes the next hottest meme coin, BEFE is currently trading at just $0.000324 with a market cap of $32M. BEFE distinguishes itself by being a true meme coin which was launched with no presales and no taxes whatsoever. With well planned tokenomics and a limited supply of 100 billion BEFE tokens, BEFE is strategically positioned for substantial upside due to its scarcity.
The BEFE price has been displaying massive strength since the previous trading month and after undergoing a huge upswing, it is facing a minor pullback. Since its launch in November 2023, it has always been on an uptrend. Despite a pullback, the BEFE meme coin until last week was still up by 500%.
The levels at $0.000320 marks a key support and BEFE is forming a bullish reversal pattern from here. Previously, BEFE took support at the same level and gave a return of 70% in the next 24 hours. A very similar breakout is expected in the next few hours as the bulls are trying out a similar trade.
Besides, the RSI is close to undergoing a bullish crossover which substantiates the bullish claim
Therefore, with a bullish close, the BEFE price is believed to trigger a healthy upswing and reach $0.00050 first and then $0.00070 if everything plays out as expected.
BEFE Emerges as the Week’s Hottest Crypto
With the Bitcoin halving scheduled on 20th April, the market is expected to become bullish in the coming days due to the supply shock and perceived scarcity of Bitcoin leading to an increase in price. Among meme coins, BEFE is showcasing extremely bullish signs for a strong upside and its partnership with BItgert blockchain sets it apart. It’s challenging the dominance of all cats and dogs meme coins. With its innovative blend of utility features and being a true meme coin, BEFE captures the essence of meme coin culture ready to become the hottest meme coin this week.
To know more about BEFE, Visit https://befetoken.com
Buy BEFE coin from the below exchanges now!
Buy on Gate.io – BEFE/USDT
Buy on MEXC – BEFE/USDT
Buy on Pancakeswap
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