Berachain launched its proof-of-liquidity layer-1 blockchain on 6 February 2025, alongside an airdrop of its native BERA token to eligible community members. The value of the airdrop briefly hit $1.17 billion at yesterday’s peak price.
BERA has been live on major centralized exchanges, including Binance and Coinbase, for nearly 24 hours. Upon launch, the token briefly rose to a peak of $14.83. It has since fallen approximately 48% to around $7.6 at the time of writing.
🚨 Bera Airdrop – But Is It Fair? 🚨
I'm A Influencer, I Represent A Community Called TF FAM 🫂
In January 2024, I shared @Berachain with my community. We were early—testing, building, and supporting before most even knew about it.
We're Early Users = Real Supporters
Now,… pic.twitter.com/qEm1ZOJFLW
— Vaibhav Gupta (@VaibhavguptaTF) February 5, 2025
Early Users Of The Berachain Testnet Feel Hard Done By With Their Airdrop Allocations
Berachain are facing some hefty criticism regarding the weighting of its airdrop allocation. It seems that those who were active in the very early days, using the testnet and providing feedback, were mostly forgotten about when it came to the airdrop.
One user on X,@KuroLeaderNFT, said, “I was very early in the test net like in the very beginning, I was doing all the transactions, faucet, giving feedback, then I was getting all free NFTs along the way through the last year, I got no allocation. The f**k?”
Kuro wasn’t the only one with a similar story. Looking through comments on the popular BERA airdrop threads on X are all filled with similar posts from disgruntled Berachain users.
15.75% of the total BERA supply (79 million tokens) was set aside for the airdrop. Of those 79 million tokens, at least 11.15% (55.75 million) are directly available to eligible users today. At yesterdays peak price, that amounted to around $800 million and roughly $420 million at current prices.
The additional 4.6% of the total supply for the airdrop allocation is reserved for select social media users, teams, and applications that earned a share via the “Request for Broposal.” It is an incentive program for applications and communities within the Berachain ecosystem.
Berachain Team Bullish On Its New Layer-1 Regardless Of Criticism
Feels surreal. Long sentimental post coming later but for now – team and I will be in the trenches busting bugs and helping teams get set up to win on Berachain. https://t.co/ST39RSuxCo
— Smokey The Bera 🐻⛓ (@SmokeyTheBera) February 6, 2025
Smokey The Bera, the anon co-founder of Berachain posted to X, “Feels surreal..Team and I will be in the trenches busting bugs and helping teams get set up to win on Berachain.”
Berachains Head Of DeFi, @capnjackbearow, took to X to address much of the FUD from the community. The lengthy thread went over multiple concerns, from inflation to private investors dumping staking rewards in huge amounts. For those interested in taking a deep-dive, the 1344 word post can be found here.
Per CoinGecko, at yesterdays peak price of $14.83, the BERA airdrop would be worth over $1.1 billion to the community once all parties have claimed their allocations.
BONUS: Mind Of Pepe (MIND) – New AI Agent On The Market Smashes $5 Million In Early Stage Funding
One project not disappointing the community is Mind of Pepe (MIND). It is a brand new AI agent, similar to AIXBT and has been attracting huge investment from smart investors.
With over $5 million raised in around a month, all while the market has been extremely volatile, MIND is setting up to become the next blue-chip AI play as investors turn their attention back to utility-backed tokens.
The reason behind the growing hype for MIND is due to its token holders getting VIP access to advanced market analysis, strategic decision-making tools, and automated trading features, directly from the agent.
This autonomous AI agent interacts with decentralized applications (dApps). It also manages its own crypto wallet, and has intelligent bot accounts on X and Telegram. It does important analytical and creative work there, with all of the gathered alpha funnelled back to MIND holders.
There are less than 36 hours remaining before Mind Of Pepe enters the next stage of its presale. Once the timer on the presale website hits 0, the price of MIND will increase from its current price of $0.0032792.
Over 420% staking APY is on offer to investors who buy and choose to stake their presale bag of MIND. This means easy passive income while simply waiting for the ICO to conclude.
EXPLORE: I Fought The Law And The Law Won: Canadian Man Jailed For Attempting To Conceal 450 Bitcoins
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