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  • Zafar Naik
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    Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

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

    Story Highlights
    • Berachain (BERA), an Ethereum rival, launched with a massive $632M airdrop, causing ripples in the crypto market.

    • Despite a high initial price, BERA's value quickly dropped, with some investors profiting by shorting it.

    • Analysts predict significant long-term growth for BERA, with potential price targets ranging from $82 to $130 by 2026.

    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 tokensโ€”worth over $632 millionโ€”to its community. This airdrop accounts for 15.8% of BERAโ€™s total supply.

    But the excitement doesnโ€™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 BERAโ€™s volatility, a whale investor made $589,000 in profits by shorting the token immediately after its launch using the Hyperliquid platform.

    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.

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

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

    FAQs

    Is Berachain live yet?

    Yes, Berachain (BERA) is live, launching with a $632M airdrop and strong exchange listings, making waves in the crypto community.

    Is Berachain L1 or L2?

    Berachain is a Layer 1 (L1) blockchain, fully EVM-compatible, using a unique Proof-of-Liquidity (PoL) consensus for security and efficiency.

    What is Berachain?

    Berachain is a high-performance Layer 1 blockchain designed for DeFi, offering Ethereum compatibility and PoL consensus for enhanced liquidity and security.

    How can I buy Berachain (BERA) tokens?

    You can buy BERA on major crypto exchanges where it’s listed, ensuring you check for regulatory compliance in your region before trading.

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