While memecoins have not always been the first choice for investments in the past, new-age investors do not shy away from putting their investments in memecoins, and BEFE has made strides towards massive success. The meme-based cryptocurrency is making the rounds on the internet not just for its market craze but also because it has caught the eye of investors due to its offerings. BEFE token, a reward-based token of Bitgert, made its initial appearance on social media in 2021, where it became successful in drawing attention to its now one million community support. Due to BEFE tokens widespread acceptance, it has reached the top spot for investors looking to maximize their profits.
BEFE’s method of rewarding holders and penalizing sellers through automated liquidity limitations and token burning encourages more people to hang onto it. BEFE’s strategy of deviation from the fundamental deflationary model that underpins most cryptocurrencies to a more inflationary model is geared towards encouraging spending and fostering more network participation.
The BEFE token rose approximately 350% in its first month of launch. BEFE price has a 24-hour high of $0.0005764 captured at 11:06 AM UTC, and its 24-hour low so far is $0.0005146 captured at 05:30 AM UTC. The substantial growth of the BEFE token is also the direct impact of its big brother Bitgert’s crypto community involvement and 24-hour trading volume of $538,018.32 as of March 12th. Based on the current exchange rate, 1 USD would allow investors to acquire 1,917.81 BEFE. However, if investors want to make a profit, it is recommended they hold onto their tokens for a minimum of three months before selling them.
Many of BEFE’s holders are also expecting that the token could be