The meme coin marathon is going on, and investors are waiting for the final result. While some are betting on the newest SLERF coin, others are playing safe with BEFE, whereas the rest are thinking of switching their Shiba Inu coins for BEFE. Who will be crowned?
SLERF
Though SLERF recently entered the meme market, it picked up speed immediately, rising from 3 cents to over $1 mark within hours of SLERF’s launch. In fact, SLERF reached its ATH value of $1.37 on March 19, 2024. However, the major reason for SLERF hype was due to its presale and promotion. SLERF garnered the attention of hungry investors, thus raising $10 Million in presale value. However, the developer handling the funds accidentally burned it down, leading to investors doubting SLERF’s authenticity.
As of now, i.e. March 23, 2024, SLERF is standing at $0.6055, showing a fall of 18.59% in the past 24 hours. Though major whale investors are drawing towards SLERF, there are high doubts running around SLERF, since its downfall.
Shiba Inu
Shiba Inu had its day in the sun when the meme coin hype was at an all-time high back in 2021. Since the last bullish period, Shiba Inu has been unable to recover its lost glamor, and is currently haggling at the red borderline. Looking at the current stats of March 23, 2024, Shiba Inu is at $0.00002643, indicating a downfall of 2.48%. Moreover, the weekly performance of Shiba Inu has also been on the red, with a percentile decrease of 7.92%.
Though Shiba Inu saw a surge in early March 2024 when BTC was changing gears, Shiba Inu’s long-time investors decided to sell off the tokens and gain profits. As a result, around 17.62 Trillion Shiba Inu coins were traded off in a span of 48 hours, thus leading to Shiba Inu’s sudden downfall. The Shiba Inu team did try to stop the falling charts by burning around 299 million tokens in mid-March, but it was up to no avail.
BEFE Coin
With SLERF’s sudden entry and Shiba Inu’s unstoppable downfall, BEFE has seen a steady pace. In fact, the current BEFE price is $0.0004036, indicating a fall of 7.15%. Though BEFE is currently in the red zone, it still has enough potential to rise and provide high returns to its investors. Its past data has always shown bullish indicators assuring investors that BEFE will rise as the ultimate meme king. As compared to SLERF and Shiba Inu, BEFE is still far more stable than both of them combined
