The meme crypto market is seeing adverse performances from various meme coins and tokens. While some are showing slow growth and on the verge of downfall, there are coins like BEFE who are performing comparatively well. Besides, experts are predicting that BEFE might reach the $0.01 benchmark. Why? Let’s see.
BEFE’s Growth Factors
Several growth factors are fueling the performance of the BEFE coin in the market. The coin’s ongoing presale event holds the top position in the list. Currently, i.e., on March 31, 2024, BEFE’s presale phase 5 is live with a price of $0.075. Though phase 5 was announced on March 24, 2024, it is taking some time to reach the hard cap value of $50,000. However, as per data from the team on March 29, 2024, BEFE has received 20 SOL tokens for phase 5. This major swap of SOL for the project clearly indicates the coin’s high potential.
Though the major factor is the coin’s ongoing presale event, there are certain hidden elements responsible for BEFE’s substantial growth. When the coin was going through phase 4 on March 23, 2024, the team announced giveaway of tokens and airdrop events for all users. These events sparked curiosity and excitement in the market and helped the coin reach its goal. Apart from that, BEFE’s launch on the SOL chain and listing on three major exchange platforms are also helping the coin maintain its high in the market.
BEFE’s Performance
As of March 31, 2024, BEFE’s value is at $0.0004956, indicating a fall of 1.69% in the past 24 hours. Looking into the coin’s weekly and monthly data, it is showing a weekly fall of 19.70% and a monthly rise of 25.77%. Though the daily and weekly percentage might not be looking good now, experts are hoping that it will change by April 10, 2024, when BEFE will finally be launched on the SOL chain.
Besides, the team has planned to conduct an overall of 20 presale phases, each with the same soft and hard cap values ($10,000 and $50,000 respectively) by the stipulated launch date at different prices. The price of BEFE is increasing at every phase, with price for phase 6 already being decided at $0.085. However, only time will tell whether BEFE will cross the $0.01 mark by the mentioned launch date or take more months to reach it.
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The post The $0.01 Benchmark: Expert Predictions for BEFE Coin’s Price and Performance appeared first on Crypto News Land.
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