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Home»EXCHANGE NEWS»Could history repeat itself in the cryptocurrency world?
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Could history repeat itself in the cryptocurrency world?

By Crypto FlexsMarch 30, 20243 Mins Read
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Could history repeat itself in the cryptocurrency world?
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Are you someone who has always been interested in the world of cryptocurrency? Digital cryptocurrency market notable players include Dogecoin and Beppe The coin captured the attention of the cryptocurrency world with a pump of vision, development, and community and captured the market with a high market cap. Despite the cryptocurrency winter of 2022, the popularity of meme coins has not been affected in the cryptocurrency community.

What is Dogecoin?

Started as a meme-inspired digital currency viceroy The token was created by Billy Markus and Jackson Palmer in December 2013 as an interesting alternative to Bitcoin.

It utilizes a proof-of-work consensus algorithm similar to Bitcoin and operates on a decentralized peer-to-peer blockchain. Something to note is that Dogecoin is community-driven and philanthropic.

What is BEFE Coin?

BEFE was launched in November 2023 with integration into the Bitgert ecosystem, without pre-sale and without taxes. People can also stake $BRISE to earn BEFE, which ultimately becomes a coin for the people. Their ultimate motto is to bring back the glory days of meme coins. It has high transaction speeds and operates on a user-friendly and secure Proof-of-Authority concept.

Could BEFE be the next Dogecoin?

As of March 29, 2024, Dogecoin is trading at $0.0218896, with a 24-hour trading volume of $6,205,701,942. Now let’s take a look at BEFE data as of March 29, 2024. BEFE is trading at $0.000506, with a 24-hour volume of $382,792.

Dogecoin is up 46.81% over the past 7 days, while BEFE is up 13.48% over the past 7 days. In the past year, BEFE coin has soared more than 500%, making it understandable why investors are optimistic about its potential. In terms of volume, DOGE’s initial buying pattern is very similar to that of BEFE today (Source: CoinMarketcap). From this, we can infer that big whales or high net worth investors are very optimistic and betting on the coin’s potential. thereon.

Beppe

Below is a brief comparison between BEFE Coin and Dogecoin.

BeppeDogecoin
release date2023In 2013
Blockchain ProtocolBSCDogecoin
native tokenBeppeviceroy
market capitalization $45.85 million$31.44 billion
circulating supply100,000,000,000 ago143,655,806,384 Doji
consensus methodPoA (Proof of Authority)PoW (Proof of Work)

the future looks bright Beppe This is because the market moves based on emotions. Growth is expected with strong traction in the market, but the market can be volatile. Therefore, those looking to invest in the cryptocurrency world should do their own research and not be swayed by FOMO.

To learn more about BEFE, visit: https://befetoken.com.

disclaimer: This article is sponsored content and does not constitute financial advice. CryptoNewsZ does not warrant or guarantee the accuracy of the content. Readers are urged to independently verify information and exercise caution when dealing with companies mentioned. Investing in cryptocurrency is risky and it is recommended that you seek advice from a qualified professional.

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