For crazy, viral meme coins, Shiba Inu and Pepe Coin have been the biggest names in the game. Shiba Inu currently has a market cap of over $15.19 billion, while Pepe Coin sits at $3.7 billion.
But bold newcomer BEFE Coin is making waves that have Pepe Coin and the Shiba Inu community on notice.
BEFE’s Skyrocketing Value Mirrors Shiba Inu and Pepe Coin Mania
If you got in early on Shiba Inu or Pepe Coin, you know that knee-weakening feeling of riding a crypto moon rocket. Shiba Inu spiked an unbelievable 46,000,000% at one point in 2021. Pepe Coin surged 7,000% in just two weeks during its craziest stretch.
Well, BEFE’s showing those same telltale signs. The price of BEFE climbed by 4.23% in the previous 24 hours, indicating increased trading activity and interest. There has been phenomenal growth at BEFE from the start, and a staggering 509% in one year!
BEFE is currently trading at only $0.0004409. Steal deal, much?
Among this meteoric rise of BEFE, chat groups are bursting with memes and GIFs spreading BEFE’s charisma far and wide. Feels familiar, doesn’t it?
More Than Just a Meme Coin?
But here’s where BEFE might have an edge: Unlike Shiba Inu and Pepe Coin, which started as straight-up joke coins, BEFE claims to pack real utility under the hood.
It can supposedly handle over 100,000 TPS with the Bitgert integration and for basically no fee. BEFE’s roadmap also maps out plans for DeFi lending, NFT marketplaces, crypto gaming, and more.
Because if it can deliver on both hype AND substance, it could rapidly outpace Shiba Inu and Pepe Coin as the memecoin world’s true go-to token.
Deja Vu All Over Again
Seasoned memecoin investors have heard all the BEFE hype before and pumping the coin’s ability to leave slow cryptos “in the dust.” This same wild talk fueled Shiba Inu and Pepe Coin’s spikes.
Now BEFE’s backers are shouting the exact same rhetoric about the coin toppling Shiba Inu and Pepe Coin, and of course slow networks. We’ve seen this movie before… but never with a token boasting tons of such utility to pair with its hype factor.
Love it or hate it, BEFE is unquestionably the buzziest memecoin probably after Shiba Inu and Pepe Coin and is posing a challenge to Shiba Inu and Pepe Coin’s thrones.
But, but, but – as with any investment, do your homework before investing in this market.
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The post BEFE Coin’s Trajectory: A Threat to the Dominance of SHIBA INU and PEPE COIN? appeared first on Crypto News Land.
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