The content and materials featured on this page are for educational purposes only. Memecoins are starting to gain attention in the cryptosphere, with BEFE Coin being a recent addition.
This digital currency is part of a larger trend in the market, aiming to issue meme-inspired cryptocurrencies influenced by enthusiasts and skeptical fans. Let’s evaluate how BEFE Coin resonates within this niche yet expansive domain.
BEFE Coin supports multiple blockchain networks like Binance Smart Chain (BSC), Ethereum, and Solana, providing conducive and flexible trading environments. As a meme coin, it aims to engage with internet culture and digital trends used in different memes, resembling other meme coins like Dogecoin and Shiba Inu.
The total supply of BEFE Coin on the Ethereum and BSC networks combined is fixed at 100 billion tokens, with 1 billion set for Solana, distributed under marketing, team, presale, and liquidity. In the last 24 hours, BEFE had a trading volume of $284,406, showing an 11% decrease over the past day.
The approximate fully diluted valuation of BEFE amounts to $15.9 million, indicating speculative interest and an ever-changing number of investors who have enthusiasm for the project. Fluctuating investor interest and market dynamics affect BEFE’s sustenance in the competitive meme coin sector.
BEFE Coin hit the peak price of $0.00051868 on March 27, 2024, from where it has dropped considerably, marking the lowest point for the evaluated month at $0.00016116 on April 26, 2024, indicating a decrease of about 68.93%. The trading volumes have also varied, with the highest recorded on March 30, 2024, at $497,063, and the lowest noted on April 2, 2024, at $225,126, reflecting a fall of about 54.72%.
Opening at around $0.00049637, BEFE closed at about $0.00016116 by the end of the period in analysis, showing a sharp downward trend of almost 67.52% from April 1, 2024. For investors wishing to retain BEFE in their portfolio, practicing caution, conducting consistent market vets, and understanding personal risk appetite are strongly recommended.
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