Considering the consistent growth BEFE has achieved over the past couple of months, its 20% jump in the last 24 hours was likely anticipated by crypto enthusiasts. However, is there a particular reason behind the jump, or is the market bluffing with investors? Let’s find out.
BEFE: The Meme King
Initially, BEFE came out as a funny meme coin in late 2023. However, it has proven to be different from its counterparts over time. The meme coin charges zero gas fee and processes transactions at a record speed, adding convenience to its investors. Also, BEFE follows a utility-focused approach, which keeps the experts optimistic about its growth.
Even though BEFE was launched without presales or taxes, it generated astronomical returns for its investors. Thanks to the highly engaged community and creative marketing efforts led by the team.
Potential Reasons Behind the Surge
BEFE, the meme king, is listed on Uniswap, AscendEX, Biconomy, Gate, io, MEXC, and PancakeSwap. If this was not good enough, BEFE’s makers are launching the meme coin on the Solana blockchain. They have planned to do this in 20 presale phases and aim to get it done by April 10th.
Team BEFE has successfully rolled out four presale phases, all of which were devoured by optimistic investors. With phase 5 of the presale ongoing at 0.0075, there’s a high possibility that the price will shoot further up as the phase ends.
But why are investors going crazy? Well, BEFE is presently on the BSC (Binance Smart Chain). When all 20 presale phases conclude, the meme coin will be on Solana’s blockchain network. Solana’s blockchain network is better than the BSC in multiple regards, including transaction speed and fee. Plus, BEFE can benefit from Solana’s huge user base, increasing its visibility and adoption rate.
Should Investors Brace for an Explosion
Those watching from the sidelines must be experiencing FOMO. And why shouldn’t they? A 20% jump in 7 days and a massive 580%+ uproar in a couple of months would motivate anyone to invest in BEFE for massive returns.
Even predictions from Coincodex say the coin is predicted to offer 227% returns in the coming month, and it is a good time to buy. However, while the market sentiments are in favor of BEFE, it’s always better to research on your own before investing in a digital asset, especially a meme coin.
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