Why is BEFE suddenly showing so much surge? Is this just another growth spurge awaiting the upcoming downfall of the meme coin? Is BEFE really going to reach the 1000X mark? These questions have haunted the minds of investors for the past few days. However, there are factual reasons backing up the coin’s growth.

Reasons For BEFE’s Growth

The major reason for BEFE’s sudden spurge is its presale phases. When the BEFE team first announced its presale event on March 23, 2024, it piqued the interests of various investors across the Internet. Some of these investors fell under the category of “whale investors” who showed massive support towards the project. 

But how can a simple presale event force a meme coin to show over 600% growth since its launch? Well, the developers stated that BEFE is going to be launched on the SOL chain, which is currently one of the most famous crypto chains backing up coins like Solana, Bonk, Render, etc. BEFE’s introduction to the SOL chain will not only skyrocket its value but also bring in millions for all the presale participants. However, there’s a small condition for the BEFE launch. If the team successfully deploys 20 presale phases by April 10, 2024, they will launch the coin on the SOL chain as per the initial plan. But, if, for any reason, the presale phases do not turn out as planned, the coin will be launched on SOL but with funds from the liquidity provider.

Due to the above mentioned reasons, investors are showing interest in the coin. Additionally, the BEFE team announced over X on March 29, 2024, that the coin will be launched on three different exchange listings platform. However, there’s zero information on the names and details of the stated platforms. 

BEFE’s Market Performance

The backing factors have greatly affected the coin’s current growth. As of March 30, 2024, BEFE is standing at $0.0005313, with a hike of 11.34%. 

Even in the past seven days, it has seen a tremendous growth of 31.22%, with a potential of crossing 50% in the upcoming days. 

With the ongoing presale, airdrop events, giveaways, and surprise announcements, BEFE has the capability of reaching 1000X growth in the near future.

Final Words

While the meme crypto market is facing adverse growth, BEFE is standing strong with the aim of providing its investors with maximum returns. However, it is advisable to observe the meme coin’s performance before making any decision. 
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