BEFE Coin vs. Shiba Inu: Analyzing the Coin Clash for Investors

Diversify your holdings with meme coins. BEFE is breaking ground with contemporary ethics and a roadmap to be remarked on. But is it enough to dethrone Shiba Inu, the old king? In this article, we compare BEFE vs. Shiba Inu to inform you of your best investment.

BEFE – The SHIB Killer!

Cementing its place as a dominant force in the meme coin market, BEFE is looking to outdo the popularity seen by earlier animal-themed cryptocurrencies through its energetic launch and pioneering no-presale, tax-free approach. BEFE brings the meme coin back by giving a chance to earn by the staking of BRISE and being a coin-of-the-masses approach. Its memes are compelling and a community-driven approach. BEFE is available on trade with PancakeSwap and Uniswap platforms for easy accessibility to fans within the BSC and ETH networks. They see some minor pullback in BEFE's trading volume and price from its all-time high, with underlying values and strong community support of BEFE pointing to a rebound and further growth, reinstating its commitment to fair distribution and active meme coin scene.

Market Analysis (1 Month)

In the last month, BEFE showcased its resilience and potential amidst the volatile crypto landscape. Thus, it navigated through a range of prices, with the most notable highs of $0.00065322 on March 25 and the following lows of $0.00034655 on April 8, therefore pointing at its strategic market adaptation. The same surged to a notable high on March 24, 2010, at $1,722,236, pointing toward very acute investor interest. The fact that BEFE was able to return to that level and continue to hold the interest of investors even after it experienced a slight drop in price only serves to say a lot about just how incredibly resilient and attractive BEFE is. The trends of development and increasing community engagement could signal a bright future, one that suggests BEFE's ascension in the meme cryptocurrency space.

Can BEFE dethrone Shibe?

What started more or less as a joke, Shiba Inu evolved into an essential part of the cryptocurrency ecosystem. This has become mostly known because Shiba Inu has its decentralized exchange and its second-layer blockchain. The value soared by a dizzying 150,000% in eight months, peaking at $0.00008616. Donations from Vitalik Buterin to COVID-19 and further gathering support and investments led by the community gave SHIB the respect it has today. Now, SHIB holds its position on the market with a $16.35 billion market cap and $665.7 million of trading volume daily. Over the last two weeks, SHIB has indicated market capitalization changes floating between $15.57 billion and $18.86 billion, having already hit a peak of daily volumes at $1.65 billion—all indicative of a market with activity. 

Conclusion

That said, while SHIB continues to be a great performer, the innovative approach by BEFE and its community, very proactive and zealous, might be the actual reason the coin is on the rise. As always, we would recommend performing individual critical research on BEFE's market stands before you decide on final buy-in.

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