
/BEFE/ – In the uncertain cryptosphere volatility is supreme, yet many are looking for a hidden gem that would be stable and make them millionaires soon. Although it is a risky bet to do so, BEFE stands in the limelight turning everything. With the true potential and innovative idea of revolutionizing the meme coin world, BEFE is the only token that could lead to remarkable growth. Analysts believe looking at the growing interest of investors and its success BEFE price could soon surpass 5000% by the end of this year.
Moreover, looking at the price trajectory of the meme coin, analysts have also suggested that at the current level, BEFE presents an opportunity. Entering the market now will help capitalize on the promising opportunity.
As the CoinMarketCap data suggests, BEFE is currently on a surge, with more than 550% gains over the past 4 months. Although the rally faced hindrances because of BEFE’s meme coin nature, as enthusiasts found about the real potential of the token, mostly they have begun to hodl some big chunks. On the other hand, although the prices are on a downswing, analysts have noted more than 7 technical indicators showing bullish signs.
Photo: TradingView
The STC indicator with the settings (23, 50, 10, 3, 3, close, 75, 25) is currently at 99.99 at its max suggesting an overbought condition. Although this may be a bearish sentiment, looking at investor’s interest in BEFE things seem very bullish. Notably, the MACD line (blue) has recently crossed above the signal line (orange). The MACD histogram is also positive, stating that a bullish crossover has just occurred.
Such a trajectory of BEFE price highlights that the downtrend of the meme coin has been losing its momentum for a long rally.
Since its launch, the meme coin has already attracted diversified investors looking to hodl and for short-term diversification. With the potential that BEFE brings by powering the Bitgert ecosystem, analysts believe that its growth is certain. Although the meme coin king has no established footprint, since its launch it has been successful in making an impression by growing significantly with a continued rally.
Looking at the overall scenario, and the price trajectory along with coming updates on BEFE, analysts are suggesting a 5000% gain. Indeed, such a percentage is nothing for the meme coin, as it has more room to expand.
Disclaimer: This publication is sponsored. Coinspeaker does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or other materials on this web page. Readers are advised to conduct their own research before engaging with any company mentioned. Please note that the featured information is not intended as, and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained on this web page constitutes a solicitation, recommendation, endorsement, or offer by Coinspeaker or any third party service provider to buy or sell any cryptoassets or other financial instruments. Crypto assets are a high-risk investment. You should consider whether you understand the possibility of losing money due to leverage. None of the material should be considered as investment advice. Coinspeaker shall not be held liable, directly or indirectly, for any damages or losses arising from the use or reliance on any content, goods, or services featured on this web page.