Understanding Your Options: SLERF, Shiba Inu, or BEFE Coin - A Comparative Analysis

March 26, 2024
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2 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

With the ongoing bull cycle altcoins and memecoins like Shiba Inu, SLERF and BEFE are also set to witness impressive pumps in price.

With the ongoing bull cycle where both Bitcoin and Ethereum are touching all-time highs, altcoins and memecoins like Shiba Inu, SLERF and BEFE are also set to witness impressive pumps in price.  

So out of SLERF, Shiba Inu and BEFE, which memecoin could get you the most impressive returns?

Shiba Inu

Introduced in August 2020 as a direct rival to Dogecoin, Shiba Inu is a crypto operating on the Ethereum blockchain. Shiba Inu coin was quickly adopted by a large community of investors who were drawn by the cute charm of Shiba Inu. 

Shiba Inu’s value has displayed remarkable volatility and is currently trading with a bearish bias. Both the number of active addresses and the number of new addresses of Shiba Inu have declined, signalling a shift in interest from market participants. 

SLERF

SLERF is just a few days old memecoin that made headlines due to its developer burning $10 million. 

SLERF is among several that have emerged as presales – or fundraising sales before the official introduction – in the past few days following the success of Book of Meme (BOME).

Despite the initial setback, SLERF got overwhelming support from both the community and influential figures in the ecosystem. 

SLERF still has a long way to go and it needs to establish itself as a legit memecoin. In the last 7 days, SLERF’s price has gone down by 7.30%.

BEFE

For an asset launched without any presales and zero taxes, BEFE growth has been very impressive. This growth is also reflected in its community that is over 50,000 members and counting. 

BEFE, the Blockchain Ecosystem for Everyone Token was launched in late 2023. It has managed to capture the attention of investors with its blend of community engagement and strong social media presence.

Features like token distribution via fair launch and zero transaction taxes have made it the people’s memecoin.

Conclusion

Shiba Inu is one of the OG memecoins but investors believe that Shiba Inu’s glory days are over now. It is time for the new memecoins like BEFE and SLERF to shine.

SLERF has just been launched so it's hard to predict if it can take over Shiba Inu. The team behind SLERF needs to release more information to build trust.

The memecoin craze has resurfaced and this is the time for you to bet on the right memecoin. So out of Shiba Inu, SLERF and BEFE, which memecoin are you bullish on?

Don’t forget to DYOR!

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.

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