Shiba Inu, one of the popular dog-themed meme coins, has captured the imagination of investors around the world. Though the Shiba Inu coin has been riding the charts pretty well, it is still far away from reaching the desired $1 price. While the popularity of the Shiba Inu coin may be increasing, there are several factors that indicate that some competitors of the coin stand a closer chance to achieving $1 price than the Shiba Inu coin. In this article, we will explore the challenges Shiba Inu will face in the future and learn more about the coin that is becoming the new investor favorite.
BEFE Coin’s lower circulating supply, focus on DeFi utility, and potentially smaller community compared to the massive Shiba Inu fanbase could contribute to a more stable price movement.
Here’s why BEFE can be on the high road to $1 price:
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