Veterans of the last crypto bull cycle are diving head first in the memecoin market this cycle. A lot of these coins have been doing good but none of these have been able to save face from the wrath of volatility including PEPE and BONK. From the second week of March, the price of the majority of cryptocurrencies fell due to the regular negative market circumstances. A lot of memecoins have followed suit. But not every cryptocurrency has been plunging because BEFE price has been skyrocketing during this bear market.The trading volume of BEFE is $1,584,965 in the last 24 hours, representing a 290.10% increase from one day ago and signaling a recent rise in market activity.
How are popular Memecoins like PEPE and Bonk doing?
There’s been a bloodbath for memecoins like PEPE and BONK. Winners of the last cycle, PEPE and BONK are a thing of the past. The trading volume of BONK for the past 24 hours is $124,537,030, which is a -22.90% reduction while the trading volume of PEPE is $597,760,640 in the last 24 hours, representing a -40.10% decrease from one day ago. The ATH for BONK is $0.00004547, recorded on Mar 04, 2024 the current price is 49.88% lower than the all-time high price. On the other hand, PEPE is down 28.80% from its ATH recorded on March 14, 2024.
What are some alternatives to PEPE and BONK?
BEFE, one this cycle’s most hyped up coins has been able to gain significant momentum and solidify its position going toe to toe with PEPE and BONK.The trading volume of BEFE is $1,584,965 in the last 24 hours, representing a 290.10% increase from one day ago signaling strong anticipated upward movement. It is still early in its journey compared to PEPE and BONK and with strong investor sentiment around it the only way it is expected to go is up. It is up 308.52% from its ATL.
Are PEPE and BONK a thing of the past?
Degens are looking to bid adieu to the old memecoins like PEPE and BONK and move on to coins from this new era like BEFE. In search for memecoins early in their journey in this cycle with a good track record over the past few months, BEFE has quickly gained the attention of crypto enthusiasts throwing the old guns PEPE and BONK in the dust. “Ape first, research later” is the mantra followed by most degens, however it’s still advisable to DYOR.
