BEFE Coin’s Price Leaps by +20% – Is This the Next 1000x Gem in the Making?
In Brief
BEFE has been one of the top crypto gainers in the last week when Bitcoin hits $73000. It holds a place among the top crypto surges of this month and has shown price growth of more than 40%. Not only this has risen 20% in just a day, leaving retail investors in surprise
The recent BEFE coin’s 20% price surge makes the cryptocurrency community interested in coin potential. The speculation is on the higher side of its future trajectory. This leap has sparked discussions on whether it will continue to give similar price trends and establish new benchmarks in its valuation. Not only has pump 20% in the day, but it has shown consistent price movement. BEFE has gained more than 40% this week.
Is this just the beginning of BEFE coin’s journey to 1000x gem coin?
BEFE Coin
BEFE is the new meme coin in the cryptocurrency market. Since its launch in November 2023, it has made its investors happy with its tremendous growth of more than 580% in one year. As per the website, “The funniest and most meme-worthy crypto ever! The doggy & frog coins had their moment, but now it’s BEFE’s turn to shine and become the ultimate meme king.”
Market Position And Partnerships
This meme coin is making its waves in the market with its price trajectory and growth. BEFE is placed at the right spot at the right time. In comparison to meme coin top meme coins such as Dogecoin, Shiba Inu, and Pepe, BEFE is rapidly showing its growth. It has tokenomics and it is a partnership with the Bitgert ecosystem. Bitgert coin holders can stake their coins and earn BEFE as a staking reward. This is an additional passive income other than the coin price increase.
Price Movement
BEFE has been one of the top crypto gainers in the last week when Bitcoin hits $73000. It holds a place among the top crypto surges of this month and has shown price growth of more than 40%. Not only this has risen 20% in just a day, leaving retail investors in surprise.
The coin is currently trading at $0.0005647 on the crypto exchanges like Gate.io, MECX, and Pancakeswap.
Look at the technicals of the BEFE coin – with RSI at 52, which is close to natural territory, MACD signalling a strong uptrend on the horizon. The support and resistance also show the possibility of BEFE coin retesting its current $0004050 support again and again with ease.
Is This The Next 1000x Gem in the Making?
To be honest, guessing which coin can turn into gem coins is difficult. But investor’s sentiments, adoption, buying the hype, and FOMO make any coin promising. BEFE coins could give 1000X growth if meme coin picks up in this bull cycle. And this can very well be possible as per the history of meme coins.
To know more about BEFE, Visit https://befetoken.com
Disclaimer
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articlesGregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.