BEFE Coin: Could it emulate the success of PEPE, WIF, SLERF?
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BEFE, a new meme coin on the block is gaining serious attention from investors.Â
The search for the most impressive returns in crypto is never ending and meme coins have been a crowd favourite since forever. This market has a rich history of maintaining astronomic rallies, transforming small investments into millions. The lower barrier to entry has facilitated such feats for memecoins.
The memecoin craze has resurfaced and this is the time for you to bet on the right memecoin.
BEFE was launched in late 2023. BEFE has managed to capture the attention of investors with its blend of community engagement and strong social media presence. BEFE has managed to give an impressive 588% return to its early investors.
Features like token distribution via fair launch and zero transaction taxes have made BEFE the people’s meme coin. The ongoing presale, which has been launched on the Solana blockchain, has been structured in a way to reward BEFE’s early investors. Â
The team behind BEFE aims to finish 20 presale phases by April 10, 2024. If this goal is achieved before the specified date, they will introduce BEFE on the SOL chain. However, if not, they will proceed with launching BEFE on the SOL chain using the raised amount for LP.
So out of PEPE, SLERF, WIF and BEFE, which memecoin are you bullish on?
PEPE
PEPE coin was launched in April 2023 as a tribute to the Pepe the Frog internet meme. It has instituted a no-tax policy, a redistributive system rewarding long-term stakers, and a burning mechanism to maintain the scarcity of the asset.
Investors believe that PEPE’s reign is over and it’s time for new age memecoins like BEFE to take over.
SLERF
SLERF saw a fairly successful launch after its creator mistakenly burned over $10 million worth of funds from investors during the March 18 presale. The team bounced back quickly but the hype and the price aren’t growing at the same rate.
SLERF still has a long way to go. There isn’t enough information which can help us build trust in SLERF.Â
WIF
WIF has already reached the $4 mark. It has seen an insane increase of 94.71% in the last 7 days.
But the question is, how long will the hype stay alive? The trading volume of WIF has seen a 43.50 % decrease from one day ago, signalling a recent decrease in market activity.
Despite being relatively new to the crypto space, crypto analysts and investors continue to prefer BEFE for various reasons. Are you bullish on BEFE? Projections always look so bright so never forget to DYOR!
To learn more about this project, visit the BEFE presale website
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