The meme market is in the bullish zone after facing a lot of red in mid-March. However, the market lost some of the coins during its recovery period, PEPE and Bonk being one of them. These two coins are currently performing moderately and are on the verge of bidding farewell to the market, provided they do not get any support ASAP. In the mean time, BEFE is starting to show its potential and moving forward at an amazing pace.
PEPE
PEPE performed extremely poorly when Bitcoin crashed in the middle of March 2024. It saw a massive drop of 17% in just 24 hours on March 15, 2024, which continued to fall in the following week. PEPE hit its lowest at $0.00006023 on March 19, 2024, after which PEPE slowly started moving upwards. Though PEPE is at $0.000007492, as recorded on March 24, 2024, indicating a hike of 2.11% in the past 24 hours, there are high chances of PEPE falling down the cliff again. The major reason why analysts are predicting PEPE’s fall is due to PEPE’s continuous double top patterns, volatile performance, and low potential. It’s better to sit and watch PEPE perform and then decide whether it’s worth it or not.
Bonk
Though Bonk entered the market with a BOOM, it is now losing its charm. Bonk was introduced back on December 25, 2022, and had a good year in 2023. However, 2024 proved to be fatal for Bonk’s growth, with values hitting rock bottom in late February 2024. Bonk went as low as $0.00001106, making investors fear whether it will ever rise again. However, with BTC rising, Bonk also saw a hike in its value. Bonk touched an impressive $0.00004383 on March 4, 2024, after which it fell apart just like Bitcoin. As of now, i.e., March 24, 2024, Bonk is at $0.00002275 with a hike of 5.70% in the past 24 hours. However, the chances of Bonk touching the skies again are quite negligible.
BEFE
With Bonk and PEPE falling apart, BEFE took the burden of raising the standard of the meme crypto market by performing brilliantly. Though BEFE saw a slight downfall in mid-March 2024, it’s back on track. The current value of BEFE is $0.0005245, indicating a rise of 28.95%, showing a high potential of crossing more barriers. BEFE is on its way to take over the crypto market, and during this period, it is bound to flip PEPE and Bonk to achieve its goal. Will PEPE and Bonk survive? Only time will tell.
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