BEFE, Shiba Inu, and PEPE leading meme coin charts

Meme coins combine humor, culture, and investment in a rare way. The meme coin market cap reached over $48 billion recently, driven by February’s bull run. While Dogecoin has rallied nearly 100% this month, several new meme tokens have also been posting sharp gains.

So far in 2024, BEFE Token, Shiba Inu, and PEPE Coin, are among the top performers. Each of these coins bring a unique blend of innovation, community support, and market potential to the table.

BEFE Token is rising

BEFE token is rallying. It boasts of a strong community and innovative dual blockchain model.

Since its launch, BEFE has gained nearly 500%, outpacing other meme coins like Dogecoin and Shiba Inu.

BEFE token is currently trading at $0.000329. It might slightly contract to $0.000312 by March 8.

The market’s sentiment is bearish, despite the Fear & Greed Index indicating “Extreme Greed” at a level of 83.

Moreover, the token is moderately volatile at 12.77%.

Additionally, the 14-day Relative Strength Index (RSI) stands at 50.86, suggesting a neutral market momentum, neither overbought nor oversold. 

Shiba Inu is resilient

Shiba Inu has been volatile.

Analyst forecast gains toward $0.00003, with a bearish scenario possibly lowering its value to $0.000017.

This is the second highest peak SHIB has ever touched.

Over the past week, SHIB roared by 129.06%, adding 40.71% in the last 24 hours alone.

At this pace, analysts are targeting $0.000035 by 2025.

So far, there are 589 trillion SHIB as total supply, commanding a market cap of over $13 billion.

Key indicators, such as the Awesome Oscillator and On-Balance Volume, reflect the market’s fluctuating dynamics, indicating shifts in buying momentum and market participation.

PEPE Coin is in focus

PEPE coin, branded as the “meme takeover”, aims to redefine the meme coin landscape dominated by dog-themed coins like Dogecoin.

Its market potential is bolstered by listings on major exchanges such as Binance, with prospects of further gains via more high-profile exchange listings.

The upcoming Bitcoin Halving in April 2024 could also catalyze a bull market, possibly lifting PEPE to new levels.

Even so, for sustained growth, PEPE’s future utility developments are critical.

Analysts predict PEPE to reach $0.003 if the current momentum continues.

However, more conservative forecasts predict an average price of $0.00000559 and $0.00000425 by the end of 2024.

Conclusion

BEFE Token, Shiba Inu, and Pepe Coin are soaring, thus far in 2024. If the bull market remains, these meme coins might extend gains in the days ahead.

Find out more here:

Website: befetoken.com

Telegram: t.me/befetoken

Twitter: twitter.com/befetoken