Can the newcomer overtake the experienced coins?
In routine situations, the answer would be different, but when it comes to the top two meme coins, i.e., Shiba Inu and BEFE, the answer seems to be a bit clearer than anything else. The newcomer is going to overshadow the prominence of experienced coins and set a benchmark of achieving the $1 mark before Shiba does.
This has not happened once and even Shiba has managed to surpass the gains of DogeCoin. Thus, the possibility of BEFE surpassing Shiba is no longer a mystery. Let’s understand why this statement holds power, and in the ultimate showdown of Shiba V/s BEFE, BEFE is the supreme winner.
Shiba is an experienced coin that has faced its own share of ups and downs to be claimed as the “Doge Killer.”. While investors, in the beginning, were quite fond of Shiba’s glorious returns, the glitter was badly ripped off as Shiba couldn’t handle the market’s volatility.
The poor market conditions, along with Shiba’s failure to make technological enhancements, became the reason for its downfall. That’s when a strong meteoric force hit the market. Yes, the force is none other than BEFE. In the initial days of BEFE’s launch, it failed to garner much attention due to its no presale policy.
However, the situation quickly changed at the beginning of 2024, as BEFE gave its initial investors a whopping return of 400% within the first four months of its launch. This attracted a lot of attention from not just minimal investors but also crypto whales. BEFE became even stronger when it launched its pre-sale and analysts started predicting it to reach the $1 mark before Shiba does.
There’s no doubt about the fact that Shiba changed the narrative of the meme coin community and revitalized the sector with its exceptional gains. However, its lack of enhancements, volatile nature, less utility and mere influencer hype are the reasons why it couldn’t handle the forces from newcomers and was set aside by investors.
During this time, BEFE played its magic by establishing strong fundamentals, the ability to change with the changing environment, contracts with major blockchains, and smart contracts. While BEFE managed to grow more than 600% owing to these features and a fantastic ongoing pre-sale, Shiba was sidelined because of its extremely speculative nature. Hence, BEFE becomes the next meme coin king that investors have been eyeing!
With strong community support and impeccable returns, BEFE is sure to be a lucrative opportunity. But doing your research before investing can save you from the avoidable adverse circumstances of the crypto market.
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