The Meme Coin Conundrum: SLERF, Shiba Inu, or BEFE Coin – Making Sense of the Madness

Meme coins have been in the eyes of everyone in the cryptocurrency world. Among all the OG meme coins in the current market, SLERF, Shiba Inu, and BEFE have been found in the limelight. SLERF, Shiba Inu, and BEFE have captivated the eyes of investors, simultaneously fueling a frenzy of speculation. Where tokens like SLERF and Shiba Inu are being characterized by their viral marketing, community-driven ethos, and humorous branding, BEFE is attracting as a potential meme coin by being the powerhouse of the Bitgert ecosystem. BEFE with its potential can captivate the investors of Shiba Inu and SLERF is a utility token guise under meme coin.

BEFE

Unlike Shiba Inu, BEFE the meme coin king is fresh in the crypto market yet has left many stunned with its drastic surge since its launch. Notably, in just 4 months, the SLERF competitor's price has skyrocketed by more than 500%. However, after a bullish run, it has shown some bearish movements, but about 6 technical price indicators are showing bullish sentiments.

Notably, such growth came with the meme coin's humorous marketing blended with promises of innovation, unlike Shiba Inu or SLERF driven by hype only. Being introduced on the Bitgert chain, this funny beef has been assigned tasks like rewarding the users interacting on the blockchain, helping users to participate in the network's governance mechanism, and more. Indeed, as its ecosystem will change the way we interact with digital currencies today, unlike Shiba Inu and SLERF, BEFE is here to disrupt TradeFi and build opportunities for DeFi enthusiasts. 

SLERF

SLERF is also one of the newcomers in the meme coin market. However, rather than having some serious potential, SLERF garnered tremendous attention because of its meme-inspired marketing campaign. Being the true meme coin, SLERF's price has always remained subject to speculation. Although SLERF has no potential, its strong community and dedicated following of supporters have helped the coin grow tremendously. Yet in comparison to BEFE, SLERF has been declining since its launch, with its technical indicators also showing bearish sentiment to come.

Shiba Inu

The OG canine, Shiba Inu of the industry that boosted the meme coin market after Dogecoin, has also been on rage over the years with widespread popularity. Although Shiba Inu garnered some significant attention, it continued to see dramatic volatility in its price. Shiba Inu has no potential just hype that drives its price, yet looking at Dogecoin history many are trying to hodl more Shiba Inu in their wallet mostly to diversify their portfolio.