Bitcoin is up by 2% today after the event of Hong Kong spot ETFs launch. The Hong Kong spot ETF trading has the potential to heighten interest and inclusion of cryptocurrencies in mainstream investment portfolios. Traditional crypto tokens like Ethereum, Solana, and Bitcoin will eventually generate large gains. However, memecoins have the potential to make handsomely in quite a shorter duration.
But it may be challenging to identify a single memecoin with a track record of notable increases and the potential for more rallies shortly from the hundreds of memecoins available on the market when the focus remains only on well-known tokens like Pepe and Shiba Inu.
BEFE is a new player in the memecoin pack, which has seen a significant increase in the cryptocurrency market and is now expected to reach the $0.01 mark in the near future, outpacing the earnings of its predecessors like PEPE and Shiba Inu. Because of this noteworthy development, investors are now considering BEFE Coin to be the next profit-making coin in the cryptocurrency market.
Let’s discuss how BEFE can outperform PEPE and SHIBA INU in the future!
Reasons behind BEFE’s Triumph over PEPE and SHIBA INU
BEFE is a better memecoin than many other well-known currencies because of its qualities, in addition to its quick development driven by usability. BEFE offers lower costs and better transaction execution times because of its connection to the fastest-emerging Bitgert network.
There were neither taxes nor presales at the time when BEFE was originally made available. The community for BEFE’s support, which currently numbers over 50,000, reflects the growth of BEFE. PEPE and SHIBA INU had presales.
BEFE is currently developing its native ecosystem. PEPE was forced to relocate its official Telegram channel due to a security issue, while SHIBA INU has been in the memecoin sector for too long to present investors with a multimillion-dollar opportunity. BEFE is presently creating its ecosystem and application cases for native tokens.
As a token, BEFE is younger than SHIBA INU and PEPE. But in less than a year, BEFE has given its investors a return of more than 550%. In terms of pricing performance and growth, BEFE performs better than both PEPE and SHIBA INU. In the past seven days, PEPE has dropped by 16% and SHIBA Inu has decreased by 19%. Whereas, BEFE had a 13% decrease in the same time frame.
BEFE tokens are deflationary and come in a limited quantity. BEFE uses a price burn mechanism, which raises prices, to sustain supply decrease in response to increased demand.
Memecoins rely heavily on their ability to become viral as well as community support. BEFE, PEPE, and SHIBA INU are the three tokens that have all three. There will only be one memecoin with the best growth potential and long-term rewards. BEFE’s network of alliances and partnerships makes it an ideal candidate to be the next memecoin with the highest profits.