After a turbulent period of downward pressure, Bitcoin has roared back to an uptrend over the past week. The world’s leading cryptocurrency has reclaimed the $70,000 level, reigniting bullish perception across the entire market.
This resurgence is providing the perfect backdrop for a new altcoin craze to take hold. Back on March 14th when BTC touched a fresh all-time high of $73,000 amid its latest halving event, speculative trends around smaller tokens went into overdrive. Now history appears to be repeating itself, with Bitcoin’s rally injecting a surge of buying pressure into the altcoin. But the biggest surprise? It’s not just traditional projects capturing investors’ attention this time meme coins are leading the charge!While top meme coins like Dogecoin and Shiba Inu have predictably received a fresh wave of speculation, one underdog is quickly emerging contender. The doggy and froge-inspired, BEFE coin has stolen the spotlight.
The investors and whales who identified and invested in BEFE in its early days, have gains equate to potentially 10-20x returns. From just one year ago, BEFE has now skyrocketed over 680% higher to a market valuation of $56.32 million.With over $472,587 in daily trading volume continuing to flood into BEFE, Expert analysts are predicting this meme coin will continue this price movement and admit the bull run.
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Source: CryptoAmb - 🏆 22. / 68 Read more »