Breaking Ground: The New Meme Coin That’s Dominating the Hype!
In Brief
Achieving new milestones as a meme coin, BEFE has garnered the attention of the crypto world. Indeed, as enthusiasts began to dig deep into it, it was found that BEFE is a utility token in the guise of a meme coin
Many digital assets have skyrocketed since the beginning of this bullish cycle, and meme coins are not behind. Particularly looking at the growth of meme coins, we observed that BEFE has stood up as the meme coin king with its tremendous price hikes. Achieving new milestones as a meme coin, BEFE has garnered the attention of the crypto world. Indeed, as enthusiasts began to dig deep into it, it was found that BEFE is a utility token in the guise of a meme coin.
Buy BEFE cheap before all the hype
The meme coin market is full of speculations, as it surges only with the support of its community. With more popular figures taking the name of the tokens, the price surges significantly in the meme market. According to the data from CoinMarketCap, if we look at the price of BEFE it has surged by 3%+ in the past 24 hours. Notably, since its fair launch, the investors who trusted the token have witnessed a gain of more than 550%.
Technical Indicators are Bullish on BEFE
Looking at the price trends of BEFE more than 10 technical indicators are bullish on the upcoming trajectory. Notably, the 9-day MA is currently at $0.0004532 which is currently trading above the MA, which can be interpreted as a bullish sign.
The RSI of BEFE is currently at 50.91, which is considered neutral territory. A neutral RSI suggests that the token is neither overbought nor oversold in the short term. Notably, the Bollinger Band also suggests that as BEFE price trajectory is going to be more volatile but in the shorter term it will witness some bullish momentum as the volatility is neutral currently.
On the other hand, The VWMA (Volume Weighted Moving Average) on the chart suggests that the price of BEFE might be in an uptrend. The 20-period indicates that the average price weighted by volume over the last 20 days is lower than the current price.
Based on the classical pivot point, BEFE has a support level of $0.000391 and the strongest at $0.000339. Similarly, the BEFE resistance level is at $0.000602 in the short term. However, looking at the overall market conditions and the utility that BEFE brings being a meme coin, analysts predict that this token might surge about 50% in the next 7 days.
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
Buy on Uniswap
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.About The Author
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 articles
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.
