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Cryptocurrency News Articles

BEFE: The New Memecoin Backed by the Bitgert Blockchain Promises Resounding Success

May 22, 2024 at 11:47 pm

After the Bitcoin ETFs led Bitcoin to a victory run toward a new ATH in January 2024, it is likely time for Ethereum to repeat the same feat.

BEFE: The New Memecoin Backed by the Bitgert Blockchain Promises Resounding Success

After the Bitcoin ETFs led Bitcoin to a victory run toward a new ATH in January 2024, it is likely time for Ethereum to repeat the same feat. The crypto market is almost certain the Ethereum ETFs will be approved this week.

This has worked in favor of Ethereum already, with its market cap jumping by a green candle equivalent to the entire market cap of the entire Solana ecosystem. Being the alma mater of all altcoins, memecoins are no anomalies.

Memecoins had their stints in the January-March bull cycle, and this time looks no different, with different memecoin communities gearing up to promote and shill their coins to the larger market. While the veteran memecoins are doing relatively well, investors always look for a relatively new memecoin whose meme is fresh, and yet hit the peak in terms of the virality factor and price performance. However, one thing that every investor should care about past price performance.

One such token that has been doing exceedingly well is BEFE, the memecoin backed by the Bitgert blockchain. Bitgert is popularly known as a zero-gas-fee chain with a speed of 100K TPS. BEFE was recently listed on Coinmarketcap and soon after joined the ranks of the top 100 memecoins on Coinmarketcap.

You can find BEFE listed on Coingecko, too. BEFE doesn’t claim to be anything other than a memecoin yet it stands out for the freshness of approach the team has taken to promote the token with a constant flurry of memes to keep the community engaged.

On the other hand, the BEFE team is heavily invested in building an ecosystem around the token and adding use cases. It has entered into partnerships with The Gari network, Plantos, and Sealwifhat to forward the same.

BEFE is up by 7.5% in the past 24 hours and 5.3% in a week. BEFE started on its uptrend since a fortnight, even before Bitcoin started looking up. Technical indicators point to a sound rally lying in the wake of renewed investor interest and increased buying pressure. With the market Fear and Greed index again pointing towards Greed, the investors are ready to take risks for that bounty from their memecoin investment.

Experts predict that BEFE will see resounding success in the coming days, and a $200 investment made in the token would yield a $200,000 fortune. Making the case further stronger for BEFE – BEFE gave a whopping 550% returns to its investors soon after the launch. And given its solid features – no presale or crypto tax, deflationary tokenomics, and limited supply – BEFE stands the test of a robust token beyond hype and memes.

Invest in BEFE today and secure maximum gains this bull season.

To know more about BEFE, Visit https://befetoken.com.

The post BEFE Memecoin Surges 7.5% in 24 Hours: A $200 Investment Could Yield a $200,000 Fortune appeared first on Analytics Insight.

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