Shiba Inu Whale Notable Purchase in BEFE coin

The post Shiba Inu Whale Notable Purchase in BEFE coin appeared first on Coinpedia Fintech News

After a rough past few weeks due to fluctuations in the price of coins such as Shiba Inu, the crypto community has been shifting their focus to the new meme coins taking the lead. As the bullish conditions in the market continue, the crypto community is all set to maximize their returns on investments. 

While the community was already fascinated by the high returns and price of Shiba Inu. And with new crypto projects that are ready to serve the 2024 crypto market & its ATH price growth.

Downhill of Shiba Inu’s Price

Shiba Inu, a prominent token in the crypto sector, has enjoyed the long-drawn advantage of being the focal point of the crypto industry. While Shiba Inu is shifting sideways, the new players are taking center stage with their impressive Shiba Inu prices and strategic advantages. 

There has been a shift in the whales, from earlier preferring Shiba Inu to now switching to other meme coins in the market. The reason behind this shift is driven by a lot of factors, including the stagnation in the price and returns offered by Shiba Inu, technical downhills, and token burns. It is also seen that Shiba Inu has witnessed a harsh decline of 28.27% in the last year. All these reasons have compelled investors to think beyond their traditional options and look for alternatives.

Rise of new meme coins

As already discussed above, the downhill of Shiba Inu and its price has sparked a lot of talk about new meme coins entering the market with their lower price. However, with the 40% increase in its price the last week itself, BEFE coins are all the rage in themselves. They entered the market right when the market needed a boost from the Shiba Inu meme coin, positioning themselves as a “coin for the people.”. With no tax implications, a lower price, and a zero pre-sale, this meme coin reignited the market again. Based on the recent statistics and impressive prices, it is safe to say that BEFE coins have garnered all the attention of investors and are all set to shift the focus from Shiba Inu and other strong players such as PEPE Coin. 

While Shiba Inu, PEPE coins, and other such players have the time of their lives, their craze is now slowing down. The prices also favour BEFE coins, as the price has shot up from $0.00005734 to $0.001127, marking a significant increase of 1744%.

Whales are no longer looking for prominent players such as Shiba Inu and have already shifted their focus to more strategic investments with lower prices, such as BEFE coins. If you are also among those investors who are looking to maximize their returns while still securing their position in the crypto market, BEFE coins are the perfect investment opportunity for you! Learn more about BEFE here – https://befetoken.com