Memecoins made millionaires left right and centre in the last bull run. With this bull run just getting started, which memecoin could get you the most impressive returns?
Memecoins’ primary significance is rooted in their association with meme culture, rather than possessing inherent value or a specific purpose. These coins like Shiba Inu and PEPE coin are notably prone to price fluctuations and have experienced a substantial increase in popularity in recent times, primarily driven by their alignment with viral internet memes and influential figures like Elon Musk, whose tweets consistently impact their market capitalization.
There is one memecoin apart from Shiba Inu and PEPE coin which has been the talk of the town.
BEFE which was launched with no presale and has zero taxes is deemed to be the next memecoin king.
Will BEFE surpass Shiba Inu and PEPE coin?
BEFE has seen a pump of 496.26% in its price since its inception. It is currently outperforming Shiba Inu and PEPE coin.
PEPE coin has been down 19% in the last 7 days while Shiba Inu has been down 21% in the last 7 days.
Shiba Inu was created in August 2020 under the pseudonym “Ryoshi” as an Ethereum-based alternative to Dogecoin. Shiba Inu claims to be “an experiment in decentralized spontaneous community building” and has a total supply of one quadrillion tokens. Shiba Inu’s value has displayed remarkable volatility, with the primary usage revolving around speculative trading rather than acting as a payment method.
PEPE coin is an ERC-20 token that runs on the Ethereum network. It has a total supply of 420.69 trillion tokens. PEPE coin boasts a circulating supply of 420 trillion tokens, with more than 90% securely locked in liquidity pools. While investing in meme coins entails considerable risk, PEPE Coin as a token has garnered substantial popularity.
BEFE seems to be in the same spot that PEPE coin and Shiba Inu were undergoing in their early stages, except it is doing that in a bull market. Ergo that marks BEFE for greater price surges and positions it to get there quickly. The current BEFE price today is $0.000432 USD.
Conclusion
In less than four months, BEFE, which is backed by Bitgert, has carved a niche within the competitive memecoin space amongst major players like Shiba Inu and PEPE coin.
PEPE Coin and Shiba Inu have surely had a loyal community, but BEFE is not far behind.
So out of Shiba Inu, PEPE coin and BEFE, which memecoin are you willing to bet on?
Don’t forget to DYOR!
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