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$3,890.63 1.23786
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$605.40 1.02046
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Solana
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$170.57 5.5622
Solana price
XRP
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$0.5340010 1.16479
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Shiba Inu
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$0.0000256 5.63853
Shiba Inu price
Pepe
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$0.0000166 3.42142
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Bonk
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$0.0000383 11.58043
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Bitcoin
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$69,678.00 1.60005
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$3,890.63 1.23786
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BNB
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$605.40 1.02046
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Solana
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$170.57 5.5622
Solana price
XRP
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$0.5340010 1.16479
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Shiba Inu
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$0.0000256 5.63853
Shiba Inu price
Pepe
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$0.0000166 3.42142
Pepe price
Bonk
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$0.0000383 11.58043
Bonk price
Bitcoin
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$69,678.00 1.60005
Bitcoin price
Ethereum
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$3,890.63 1.23786
Ethereum price
BNB
BNB (BNB)
$605.40 1.02046
BNB price
Solana
Solana (SOL)
$170.57 5.5622
Solana price
XRP
XRP (XRP)
$0.5340010 1.16479
XRP price
Shiba Inu
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$0.0000256 5.63853
Shiba Inu price
Pepe
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$0.0000166 3.42142
Pepe price
Bonk
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$0.0000383 11.58043
Bonk price
SirWin
SirWin
SirWin

BEFE’s momentum hints at $1 before Shiba Inu

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BEFE’s momentum hints at $1 before Shiba Inu

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Defying early skepticism, BEFE coin is poised to surpass the $1 mark, challenging the dominance of established meme coins like Shiba Inu. This turnaround is driven by strategic supply management, shifting market dynamics, and a growing supporter base.

Factors driving BEFE closer to $1

Though analysts are pretty confident about BEFE’s upcoming performance, there are certain factors that serve as the catalyst for the meme coin’s growth. Some of these factors include moderate circulating supply, Bitcoin’s rise, and a growing community. 

Moderate circulating supply

Unlike other meme crypto coins, BEFE has a moderate circulating supply of 100 billion coins, which makes it unique in the crypto community.

It is estimated that since the supply is less, the demand for BEFE increases, thus enhancing its value and pushing it towards the $1 mark.

SHIB’s poor performance

As compared to BEFE, Shiba Inu is performing quite poorly. While BEFE is positioned at $0.0004546, SHIB is at $0.00003138, as recorded on March 12, 2024. 

Besides, DOGE and SHIB had their days in the spotlight, and their current performance indicates that these coins might rise again but only after a major driving factor is present.

Bitcoin’s meteoric rise

Bitcoin is experiencing new heights at the moment, the effects of which can be seen in the entire crypto market. BTC recorded a new ATH of $72,953.72, at the time of writing, and by the looks of it, the value will change soon.

Since BTC is back in action, all cryptocurrencies, including meme coins, are in the bullish market. 

The rise of BEFE is directly proportional to BTC, and since the latter is on a high, the time when the coin will reach $1 may not be far away.

Growing community

With over 43k followers on X and 33k on Telegram, and numbers increasing rapidly, BEFE is expected to attract more people from different industries.

Additionally, BEFE sets itself apart from traditional meme coins by offering more than just entertainment. Its unique value proposition has attracted an increasing number of investors.

To learn more about BEFE, visit the project’s website.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.