Berachain Price Prediction: BERA Crashes After $632M Airdrop – Buy the Dip?

The launch of Berachain (BERA) on Thursday has drawn major attention from the crypto community. The Ethereum (ETH) competitor made waves with a massive airdrop, distributing 79 million BERA tokens—worth over $632 million—to its community. This airdrop accounts for 15.8% of BERA’s total supply.

But the excitement doesn’t stop there. With major investors backing the project and BERA making a strong debut on exchanges, traders are already eyeing its next big price swing.

Are we looking at the next breakout token of the year?

A Promising Ethereum Rival

Berachain is a high-performance Layer 1 blockchain that is fully compatible with the Ethereum Virtual Machine (EVM). It operates on a Proof-of-Liquidity (PoL) consensus model, designed to enhance security and efficiency. The project has secured investments from top firms, including Hack VC, Polychain, Framework Ventures, and Brevan Howard Digital.

BERA Market Debut and Price Analysis

BERA launched on major crypto exchanges at around $13.27, with strong trading activity pushing its fully diluted valuation to $3.7 billion. However, within 24 hours, the token’s price dropped 3.5%, trading at approximately $7.58 during the mid-London session on Friday, February 7. Despite the dip, trading volume remained high, reaching $2.2 billion in 24 hours.

Taking advantage of BERA’s volatility, a whale investor made $589,000 in profits by shorting the token immediately after its launch using the Hyperliquid platform.

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Short-Term Outlook

BERA’s price movement is increasingly following Bitcoin (BTC), especially as traders anticipate an altseason rally. If BTC rebounds, demand for BERA could rise, fueling a new bull run.

BERA could reach between $15.15 and $28.76 by the end of the year.

In the long haul, BERA price is well positioned to rally exponentially to reach a target range of between  $82 and $130 by 2026. With the crypto cash inflow having shown a positive correlation with the US M2 money supply growth, Betachain could easily scale to a market cap of over $25 billion by 2028.

With strong backing and growing momentum, BERA is shaping up to be a token to watch.

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