In the highly volatile world of meme coins, investors have a multitude of options to consider projects based on hype. Among the choices they have currently, it is observed that BEFE (BEFE), Shiba Inu (SHIB), and SLERF (SLERF) have been roaring with interest and a bullish trajectory.
Emerging as a promising meme coin to compete with OG’s like Shiba Inu, BEFE focuses on sustainability and innovation powering the Bitgert ecosystem. On the BRC20 blockchain, the meme coin is designed to reward the users interacting with Bitgert and help them join its governance mechanism. Unlike Shiba Inu and SLERF, BEFE has the potential to be utilized for various decentralized protocols.
Indeed, with a wide range of use cases within the cryptosphere, since the establishment of the meme coin king has witnessed significant growth. As per the reports from CoinMarketCap, within a short period, BEFE price has gained more than 500%.
Moreover, many speculate whether the surge in its price came because of the overall market’s bullish sentiments. However, analysts suggest that while being the first meme coin that has true potential and utility unlike Shiba Inu and SLERF to change the way we deal with crypto today, it has become one of the most suitable options for investors. Hence, most of the investors have begun to hodl BEFE to diversify their portfolios.
Shiba Inu (SHIB) has witnessed tremendous traction over time since it launched as another playful canine in the cryptosphere. Gaining immense popularity with Shiba Inu’s unique branding and community-driven approach, Shiba Inu is also considered the Dogecoin killer.
Despite Shiba Inu’s humorous origins, it has demonstrated considerable potential for being a community-driven project.
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