Bitunix Lists Berachain (BERA) After Airdrop Surge to $1.17 Billion at Peak Price
The post Bitunix Lists Berachain (BERA) After Airdrop Surge to $1.17 Billion at Peak Price appeared on BitcoinEthereumNews.com.
With the victory of the now-inaugurated president Donald Trump, Bitcoin hit the historical $100,000 mark on December 5th considering Trump’s positive stances regarding cryptocurrencies. However, Trump immediately after being inaugurated as president started the tariff war with China, Mexico, and Canada. This did not positively affect the value of BTC. In fact, it had a negative impact on all markets, including cryptocurrencies with BTC dropping down to $92,000 and altcoins following. However, Bitcoin known as a volatile asset, quickly bounced back. Analysts continue to claim that we are in an uptrend regardless of the recent drop. And amidst all these developments, numerous projects with various missions in crypto like Berachain (BERA) are being launched. Berachain was launched on February 6th and was listed a day later on the Bitunix exchange. What is Berachain Token (BERA)? Berachain is an EVM identical Layer 1 blockchain, designed to optimize liquidity and decentralization through its unique Proof-of-Liquidity (PoL) consensus mechanism. The pseudonymous team behind the “Bong Bears” NFT collection, Smokey the Bear, Homme Bera, and Dev Bear founded the project. Berachain is finally real. pic.twitter.com/hN8KEzrkXO — Berachain Foundation 🐻⛓ (@berachain) February 6, 2025 When the Berachain airdrop was launched on Thursday, February 6th, its value hit $1.17 billion as per Decrypt. The price of the Berachain token reached a high of $14.80 but then fell to $7.47 at the time of writing The network operates with a tri-token system, consisting of $BERA (the gas token), $BGT (the governance token), and $HONEY (the stablecoin). This model encourages active participation and long-term liquidity commitment. Berachain has allocated 15.75% of its total supply (79 million BERA tokens) for the airdrop, with 55.75 million BERA (11.15%) already available to users, valued at over $800 million at its peak trading price of $14.80. An additional 4.6% is reserved for…
Filed under: News - @ February 7, 2025 11:12 pm