The strategic launch of the Berachain (BERA) coin has garnered significant attention from the crypto trading community due to its substantial airdrop.
Berachain Launch and Airdrop
On Thursday, Berachain announced a substantial airdrop of 79 million BERA coins, representing 15.8% of the total supply, valued over $632 million. Berachain is a high-performance EVM-identical blockchain platform secured via Proof-of-Liquidity (PoL).
Price Predictions for Berachain
The BERA blockchain attracted attention with its launch price of around $13.27. However, as of Friday, the price dropped to around $7.58 during the mid-London session. A notable event was a large investor earning $589k by shorting BERA through the Hyperliquid platform.
Long-term Expectations
In the short term, BERA's price is gradually gaining correlation with Bitcoin's price action. By the end of 2025, BERA's price could reach $15.15 to $28.76. By 2026, the price could rise to $82 to $130, with the market exceeding $25 billion by 2028.
The Berachain launch and its associated airdrop have sparked interest and discussions in the crypto community, offering significant long-term growth opportunities.
