As the crypto market remains favorable and Bitcoin reaches new heights, altcoins and memecoins are also gaining popularity. In this situation, investors are always opting for fresh chances and possible treasures that might provide larger profits. PEPE and SHIBA INU, two major memecoins that have drawn interest from traders, are gradually falling. In the middle of the chaos, one new currency is popping up: BEFE.
BEFE is a strong choice for investors looking for high-growth prospects in the cryptocurrency market; analysts estimate that its growth potential can break records for all the existing memecoins.
Now, let’s look at the reasons for the drop in SHIBA INU and PEPE and the potential for big profits from BEFE!
Befe’s Growth Potential Over PEPE and SHIBA INU
Recently, PEPE and SHIBA INU have both experienced a decline due to issues that have impacted their pricing and the state of the market. In the past seven days, PEPE has decreased by 16% and SHIBA Inu by 19%. Conversely, BEFE had a 13% decrease in the same time frame.
BEFE is quite a new player in the game. Since its launch, it has garnered a price upsurge of 550%. BEFE has a strong possibility of outperforming these two coins in terms of growth and pricing performance.
BEFE coins have a deflationary character and are restricted in production. BEFE uses a price burn mechanism to raise prices in response to increasing demand by continuing to reduce supply.
BEFE possesses better features and growth. Recently, PEPE removed its Telegram channel, suspecting a security breach, and SHIBA INU is still working to implement cutting-edge encryption, keeping user protection front and center. BEFE is still developing its native token use cases and ecosystem.
BEFE’s link to the Bitgert network allows users to trade at a reduced cost and enables faster transaction execution times. There is no presale and no crypto tax attached to BEFE, unlike PEPE and SHIBA INU.
Pull Behind PEPE and SHIBA INU
PEPE, based on the well-known internet meme Pepe the Frog, has seen a sharp decline in value. Despite PEPE’s initial attraction, investors are starting to lose trust in its long-term viability since it has failed to gain traction in the competitive market.
Similarly, SHIBA INU, which is frequently referred to as the ‘Dogecoin killer,’ has faced several issues of its own, including regulatory scrutiny, market volatility, and rivalry with other meme coins. SHIB initially gained popularity because of its vibrant community and meme-inspired branding, but the platform has struggled to keep up its pace in the face of mounting skepticism and uncertainty. Because of this, SHIB’s stock has been fighting to recover throughout a lengthy decline.
Conclusion
BEFE has entered the scene as SHIB and PEPE are losing ground. With Bitgert’s help, BEFE can defeat the PEPE coin and Shiba Inu in the next bull run. If PEPE Coin and SHIBA INU had strong community support, BEFE would not be far behind. BEFE has a lot of collaborations and alliances, which makes it a good bet to be the next memecoin with the most earnings.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of LiveBitcoinNews. LiveBitcoinNews does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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- Source: https://www.livebitcoinnews.com/befe-coins-momentum-unleashed-taking-over-pepe-and-shiba-inu/
