Historically the broader crypto market follows the Bitcoin price action. This bull cycle has been no different. The correlation between the rest of the crypto market and Bitcoin has been deniable. The Bitcoin halving event is just around the corner and the lead-up that has been promising. Bitcoin reached an all time high (ATH) at $73000 and the rest of the market has shown upward price action. Chasing big gains, veterans from the last cycle are diving headfirst into memecoins and this time a lot of attention has been going to BEFE, touted to be the next 100x gem.

What is BEFE?

The Blockchain Ecosystem for Everyone Token, or BEFE Coin is a frog based memecoin launched in late 2023. BEFE launched with no presales and has no taxes attached to it. Participating early investors in BEFE’s fair debut have experienced an amazing 550% return on their capital.  One can also earn BEFE by staking $BRISE, the native Bitgert token. This integration with the Bitgert ecosystem adds increased interest among users. Over a short amount of time it has been to garner a strong community to rally behind it. Anyone interested in buying  BEFE can do so through several exchanges like Bitgert, PancakeSwap, etc.

Can BEFE do a moonshot?

BEFE is still early in its journey but its healthy numbers make it a uncovered gem set to 100x soon. With the Bitcoin halving event happening in under a month and all the hype around the BEFE it is ready to blow up. With a price increase of 45% in the last 7 days, from 27th March, BEFE  is outperforming the global cryptocurrency market which is up only 12.80%. With a fully diluted valuation (FDV) $48,957,639 BEFE reached a 24-hour trading volume of $1,584,965 on 23rd March, an astounding number for a memecoin of its size.

Conclusion

Degens want to move on to coins from this new period, like BEFE, and bid adieu to outdated meme coins like PEPE and SHIBA INU. They are chasing  100x gain options with a keen interest in memecoins. With a strong track record over the last several months and Bitcoin halving set to happen in 24 days, BEFE looks all set to be that option. It’s really hard to invest in a meme coin before it takes off. Buying the coin early requires you to do so at a lesser price before demand picks up and the price increases. This is a perfect opportunity to get some exposure to BEFE. Most degens live by the maxim “Ape first, research later,” yet it’s still wise to DYOR.

• To know more about BEFE, Visit https://befetoken.com