Crypto Gloom

Shiba Inu Takes a Backseat: BEFE and PEPE Emerge as Prospects for Investors

Making the most of this bull market could be as easy as choosing the right meme coin. These assets can rapidly increase user value, leaving the gains accumulated by the top coins in the market to dust. Those who have been paying attention to Shiba Inu (SHIB) as it rose to fame and rose to the top of the meme coin charts already know this. Its journey to all-time highs in 2021 has provided returns like no other, creating a frenzy in the meme coin sector and turning even small investments into thousands of dollars.

Those who invested larger amounts saw SHIB multiply their investment multiples, delivering millions of dollars in profits. Nevertheless, experts believe that the golden age is over. As meme coin enthusiasts have turned to a variety of other options and the Shiba Inu hype has already saturated, others have taken its place. They have the potential to recreate the magic by delivering the same level of returns that SHIB has done in the past, and this has already been proven by PEPE and others.

BEFE – A Worthy Shiba Inu Competitor

BEFE is an emerging meme coin that is expected to occupy a spot among the top three meme coins in the coming months, with its current performance outpacing the price action of its parent assets. This new meme coin has achieved this thanks to its emphasis on virality and utility. That buzz is generated by taking a unique approach to entering the meme coin market, moving away from the dog-themed coins popularized by tokens like DOGE and SHIB. Both tokens coincidentally use the dog breed Shiba Inu as their logo, which overcrowds the market.

The adorable new face has made this token a fan favorite. Its usefulness transforms this expression into an undeniable desirability. Users of the token ecosystem can utilize the staking application to ensure continuous staking rewards. With this, meme coins are seeing adoption in droves and are growing in value tremendously, even outperforming the likes of Shiba Inu and PEPE. Accordingly, prices are expected to increase 20 times by the end of March and 100 times by the end of 2024.

PEPE — Top Performers of 2023

PEPE dominated the bear market in 2023 and came out on top, while the rest of the cryptocurrency tokens suffered as their value fell significantly. While these tokens began to decline significantly, PEPE maintained its position and witnessed massive price increases, growing to become one of the top five in the meme coin category.

PEPE brings us the famous cartoon character Pepe, who has already become the subject of many memes online. Naturally, users flocked to get their hands on the fast-growing Pepe-themed coin. Thanks to its outstanding performance, many of PEPE’s early investors made enormous fortunes before losing some ground and stagnating.

However, with a bull market blessing all, all is not lost as PEPE’s value is expected to peak this year, well beyond last year’s outstanding performance.

conclusion

Shiba Inu (SHIB) is no longer the top gainer in the meme coin category. Two competitors are gearing up to take that spot, and we’re seeing huge price swings like never before. One of them, PEPE, has been in the industry for the past year and is expected to see explosive growth that will eclipse the returns offered by other top altcoins. BEFE, on the other hand, can deliver up to 20x returns within the next month. So choose wisely.

Learn more here:

Website: befetoken.com

Telegram: t.me/befetoken

Twitter: twitter.com/befetoken