Hottest Triumph: BEFE Coin’s Stellar Performance as the Crypto of the Week

April 12th, 2024 at 9:48 am UTC · 3 min read

Hottest Triumph: BEFE Coin's Stellar Performance as the Crypto of the Week

/BEFE/ – Why is BEFE the current talk of the town? How is the meme coin performing while the whole market is going through massive rugpull events? How has BEFE been performing this week? A thorough technical analysis is going to answer all of the above questions.

BEFE’s Weekly Performance

The coin’s current weekly performance shows a 38.10% downfall. However, BEFE was in the green zone at the beginning of the week. On April 5, 2024, the coin reached the weekly peak value of $0.0005333, after which it experienced a slow downfall.

Hottest Triumph: BEFE Coin's Stellar Performance as the Crypto of the Week

After the presale event ended on April 5, 2024, the BEFE team displayed the entire tokenomics of the coin, as per which, 20% will be kept for the team and airdrop events, 20% for KOLs, and influencers, 30% for DEX and CEX liquidity, and remaining 30% for presale and OTC deals.

Hottest Triumph: BEFE Coin's Stellar Performance as the Crypto of the Week

Coming to BEFE’s performance in March’s last week, it was exceptional. In fact, it reached the peak value of $0.0006553 on March 25, 2024. Though it had a slow decline after April 5, 2024, it is currently, i.e. on April 11, 2024, showing signs of growth again.

Hottest Triumph: BEFE Coin's Stellar Performance as the Crypto of the Week

Currently, BEFE stands at $0.0003223, which indicates a decline of 3.32% in the past 24 hours. However, the trading volume of the coin has been quite good in these 24 hours, showing a hike of 8.25% as of now. On the other hand its market cap is standing still at $33.12 Million, which might increase based on the upcoming scenarios.

Will BEFE Rise?

Looking into BEFE’s current performance, there are chances of the coin surging brilliantly in the near future. The coin’s upcoming launch in the SOL chain and recent listings in major exchange platforms like Raydium Protocol and CITEX are also going to help BEFE rise again.

Moreover, the Bitcoin halving event is also around the corner, which will positively affect the coin’s growth. Why? It is well-known that BEFE’s growth is directly affected by BTC’s position in the market, so an increase in BTC’s value will impact the coin’s position as well. On top of that, investors are looking for stable meme coins to invest in before the halving event starts. With the rugpull season on high, BEFE is one of the few coins that traders and analysts can trust. Due to this, this particular meme coin is one of the top choices of various traders.

However, when it comes to investing, meme coins are extremely volatile, and BEFE is no exception. It has a volatile rate of 15.36%, making it extremely risky. Due to this, it is better to observe, understand, and then make a wise decision.

Buy BEFE coin from the below exchanges now!

Buy on Gate.io – BEFE/USDT

Buy on MEXC – BEFE/USDT

Buy on Pancakeswap

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