BEFE Coin outperforms Shiba Inu and PEPE

Despite the general stagnation among meme currencies, BEFE coin distinguishes itself with substantial growth and utility, outshining competitors like Shiba Inu and PEPE.

The crypto market has been on the rise once again since the beginning of this year. Currencies are adding more and more audiences to their market with different strategies. The meme currencies on the other hand are not able to grow much because of the awareness of lack of utility amongst them. 

But the BEFE coin has created an exception in the market with its numbers. The market only favors the currencies that have the capabilities to cater to the audience and make sure that they are benefited. As compared to other meme currencies like the Shiba Inu and PEPE coin, the BEFE coin is performing well in terms of KPIs and social impact as well. 

Let’s take a look at how the comparison between the three tokens looks.

The go to go-to-market strategy 

A generic method for meme currencies to get the hype needed for investments is to create an impact through the internet and social media. Shiba Inu and PEPE coin had been launched much before the BEFE coin and they have heavily relied on social media promotions to get the audience to engage with the currency and purchase them. 

On the other hand, the market strategy of BEFE coin has been to perform upgrades in such a way that they improve the functionality of the token. Initially, the BEFE coin was also being promoted through marketing but now the partnerships and the approaches make the promotions happen by themselves. Some of the features offered by BEFE coin are enhanced transaction speeds, lower costs for transactions, etc. 

So, it is clear that the BEFE coin here has the advantage of having a longer run in the market as the token provides more usage than the other meme currencies. 

Analyzing the performances 

Shiba Inu was launched in early 2020 and as soon as it launched, the token started to grow rapidly in the market. It captured the meme currency market and grew past billions of dollars as market cap. But then, after the pandemic situation, the market performance of the coin was detrimental. PEPE’s fate is also similar.

However, BEFE has grown over 500% since its launch and this is much higher than that of Shiba Inu or PEPE coin. 

The current KPI scores are also on the side of the BEFE coin as the RSI score sits over 55 and has a positive MACD value as well. The trading volume for BEFE coins is increasing each day as well. Then the volatility percentage and feed & greed ratio of the BEFE coin are also on the positive side.

Conclusion 

Considering the impressive statistics and the practical utilities provided by BEFE coin, it emerges as a preferable option for investors. The dynamic nature of cryptocurrency market statistics suggests that investment decisions should be based on the most recent data. Ultimately, BEFE coin is committed to advancing blockchain technology and its broader adoption.