BEFE, BRISE, and CENX show resilience amid crypto market downturn

Amid a general downturn, three coins — BEFE, BRISE, and CENX — are catching attention due to their potential for high returns.

In any financial market, investors always look for opportunities for the next big thing. They aim for better returns on their investments. In the cryptocurrency market, due to the downturn, investors are searching for similar opportunities. In the current market conditions, the three coins showing potential are BEFE, BRISE, and CENX. Why these coins? The BEFE, BRISE, and CENX are low in valuations, and people are talking about them. 

BEFE

BEFE is popular as a meme coin that launched in November 2023. BEFE coin has improved with its price performance since its launch in the cryptocurrency market. It has raised almost 520% from its initial position before the market dump. Recently the BEFE coin was in the news due to the BEFE presale launch on Solana blockchain. It was BEFE’s presale phase five.

Solana is a popular chain and well-known crypto in the industry, its name and community could help BEFE coin go further. Moreover, BEFE announced this presale on Solana as BEFE was launched with no presale and zero tax.

BRISE

BRISE is a native coin for the Bitgert project. Bitgert has been in the crypto market for quite some time with its unique products. As per the BRISE team, Bitgert’s BRC20 blockchain has a speed of up to 100,000 TPS (transactions per second), much faster than the leading blockchain Ethereum. Although not all coins can become as big as Ethereum this quickly, BRISE seems inventive in its technology which can help in the long run.

Before the market dump, BRISE was showing positive momentum but currently, BRISE’s price is about 40% down in a month.

CENX

Centex is a scaling solution for blockchains such as Bitgert, BNB Chain, and Ethereum. They are in the development and scaling of decentralized applications (dApps) in the crypto industry. In the past, CENX has shown good results but for a long time, it’s been negative for the investors. 

This coin has potential and it can likely repeat a bull session. However, the sudden market fall brought the price down by 15% in a month.

Conclusion

The sudden broader crypto market fall triggered a major price drop in cryptocurrencies. This brought a short bearish sentiment which would not last long as the Bitcoin halving event is just 4 days from here. However, investors must research before investing money in any asset.