Meme coins have really changed the world of cryptocurrency in the most surprising way possible. Tokens based on memes have made millionaires in a matter of days and weeks. However, they have also troubled many investors because of their highly unpredictable nature. So, a lot of research is required when it comes to selecting the best meme coins to invest in.
Among many others in the meme coin market currently, the BEFE coin stands out. Unlike popular competitors like the Dogecoin, PEPE, and Shiba Inu, BEFE attracted investors because of a fair launch system with no presales or taxes. This great move, along with the altcoin’s presence on popular networks like Binance Smart Chain (BSC), Ethereum (ETH), and Solana (SOL) was really effective for the coin getting initial attention. Then, the performance was enough to speak for itself.
About the BEFE coin
BEFE’s tokenomics change a little depending on the network. On BSC and ETH, a total supply of 100 billion tokens will be distributed via fair launch. On SOL, the 1 billion token supply is allocated as follows: 20% marketing, 20% team, 30% presale, and 30% OTC deals for liquidity.
BEFE’s current fully diluted valuation stands at $14.65 M. The 24 hour trading volume according to Coin Market Cap was $301,026.67 which was 14% more than the previous day. The meme coin is currently being traded at $0.0001459.
Token holders can buy and sell BEFE on platforms like Pancakeswap, Uniswap, and Raydium. Of course, the token has seen ups and downs, with a record high of $0.001128 on December 27, 2023, and a low of $0.0001284 on November 27, 2023.
Is the BEFE coin Worth the Risk?
According to the market experts, yes, the BEFE coin is worth the risk. Many also believe that the BEFE coin will soon touch the $0.01 mark. This will be a huge milestone in its own journey.
Moreover, the BEFE coin focuses on being of adding value to users’ lives. Investors today are aware that real growth can happen only if the product is adding long term value and BEFE is doing exactly that. This not only shows its approach towards its growth but also the future potential that it has.
Additionally, it has been seen that after the Bitcoin halving, the tokens that have their basics right tend to witness massive growth. So, the BEFE coin is well poised for that too.
All in all, the BEFE coin seems like a good investment option seeing the market conditions right now and you should also not miss out on it.
