Shiba Inu Takes a Back Seat: BEFE and PEPE Emerge as the Hot Pick for Investors
The post Shiba Inu Takes a Back Seat: BEFE and PEPE Emerge as the Hot Pick for Investors appeared first on Coinpedia Fintech News
Making the most of this bull run can be as easy as picking the right meme coin. These assets can rapidly grow user value, leaving the gains accumulated by the top coins in the market in the dust. Those who turned to Shiba Inu [SHIB] during its rise to prominence and the top of the meme coin charts already know this. Its journey to its all-time high in 2021 saw it offer returns like no other, causing a frenzy in the meme coin segment and taking even minuscule investments to thousands of dollars.
Those who invested more significant amounts saw SHIB multiply the investments multiple times over and offer gains in the millions. Nevertheless, experts think the golden days for it are over. With meme coin enthusiasts turning to various other options and the Shiba Inu hype already saturated, others take its place. They hold the potential to replicate its magic, providing the same level of returns SHIB did back in the day, which is already proven by the likes of PEPE.
BEFE – A Worthy Shiba Inu ContenderBEFE is an emerging meme coin that is heading to take a spot in the top three meme coins in the coming months, with its present performance outshining the price action of top assets. This new meme coin accomplished this thanks to its emphasis on virality and utility. Its virality is generated from it taking a unique approach to enter the meme coin market, moving away from the dog-themed coins popularized by tokens like DOGE and SHIB both of which incidentally have the dog breed Shiba Inu as their logo, overcrowding the market.
An adorable new face makes this token a fan favourite. Its utility transforms this presentation into undeniable desirability. Users in the token’s ecosystem can harness guaranteed constant staking rewards by indulging in its staking application. With that, the meme coin is witnessing adoption in droves, increasing its value immensely to surpass the performance of the likes of Shiba Inu and PEPE. As a result, its price is set to multiply by 20x by the end of March and by 100x by the end of 2024.
PEPE — Best Performer of 2023PEPE took over 2023’s bear market, making it to the top, while the rest of the crypto tokens suffered to stay afloat as their values dropped significantly. While these tokens began dipping massively, PEPE held its ground and witnessed massive price increments to grow and become one of the top five in the meme coin category.
PEPE brought a well-established comic-book character, Pepe, who was already the subject of many memes online. Naturally, users were flocking to get their hands on this swiftly growing Pepe-themed coin. Thanks to its outstanding performance, many early investors in PEPE made a huge fortune before it lost some ground and plateaued.
But everything isn’t lost as the value of PEPE is expected to peak this year, far beyond its excellent performance last year, as the bull market blesses everything it touches.
ConclusionShiba Inu [SHIB] is no longer the top gainer in the meme coin segment – two rivals brace themselves to take its spot, witnessing tremendous price actions like never before. One of them, PEPE, has been in the industry for the past year and looks to offer explosive growth that masks the returns provided by other top altcoins. BEFE, on the other hand, can provide up to 20x returns within the next month. So, choose wisely.
Find Out More Here:
Website: befetoken.com
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Twitter: twitter.com/befetoken