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.
Below is a brief comparison between BEFE Coin and Dogecoin.
Beppe | Dogecoin | |
release date | 2023 | In 2013 |
Blockchain Protocol | BSC | Dogecoin |
native token | Beppe | viceroy |
market capitalization | $45.85 million | $31.44 billion |
circulating supply | 100,000,000,000 ago | 143,655,806,384 Doji |
consensus method | PoA (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.
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