The last few weeks have been interesting for the crypto market. Altcoins seemed to have tanked due to the dip in Bitcoin thanks to the upcoming halving. This has allowed for some great buys in the market. Let’s take a look at the Crypto of the Week, BEFE which seems to be the coin to buy according to experts.
What is the Crypto of This Week?
While the market has been declining with Bitcoin trading below the $70,000 mark. Altcoins took a hard retreat with WIF dipping by over 11%. BEFE has a market cap of under $50M which according to to experts is extremely undervalued. The coin is expected to grow in its market cap soon thanks to the expansion by the team onto various exchanges. This in return is expected to create more volume which can prove to be great for upcoming bull markets following the Bitcoin halving earning it the title of the Crypto of The Week.
What’s BEFE’s Price Action?
BEFE is currently trading at $0.0003249, up over 500% since its launch less than six months ago. BEFE has been able to amass over 50K followers on their X and has thus generated some great hype. This community is a great indicator of the overall project with active members shilling and communicating with the team with some great ideas. Experts believe BEFE will rebound at $0.00032 and move sideways below the $0.00044 resistance before gearing up for a significant surge after the Bitcoin halving event. Considering the current price of BEFE is around the value it is expected to rebound at, the coin seems to be a great buy now for the Bitcoin halving.
Where to Buy?
The BEFE coin is available on the BNB Smart Chain (BSC) via Pancakeswap and Ethereum chain via Uniswap. Moreover, the coin is available on Gate.io and the MEXC centralized exchanges.
Conclusion
The recent dip in crypto markets has traders and investors on the lookout for a great investment opportunity in meme coins. This meme coin trend seems to be strong and BEFE seems to be the one to watch. BEFE is fairly new and had a fair launch with no pre-sale or tax. BEFE’s market cap is extremely undervalued at about $32M and experts believe the coin to be the one to benefit from the upcoming halving thanks to the fame BEFE has been able to amass with great partnerships and community.
To know more about BEFE, Visit https://befetoken.com
Buy BEFE coin from the below exchanges now!
Buy on Gate.io – BEFE/USDT
Buy on MEXC – BEFE/USDT
Buy on Pancakeswap