Proof-of-liquidity Layer-1 blockchain Berachain will launch its mainnet today, 6 February 2025, alongside an estimated $600 million+ airdrop of its BERA token.
Berachain’s post on X announced the launch of its Ethereum Virtual Machine (EVM) Layer-1 mainnet. The launch will see around 80 million BERA tokens being airdropped to eligible users.
BERA tokens currently trading at $8.45 at @WhalesMarket. This basically puts estimated FDV at $4.225B.
Still on the low end imo but a $5B FDV would be fair initial valuation for an L1 token but it could probably go higher.$HYPE – $25B FDV$BNB – $82B FDV$SOL – $119B FDV… https://t.co/MAW1Z5gi3j pic.twitter.com/PRjHbJzElV
— Sigmatyro (@SigmaTyroCrypto) February 6, 2025
BERA Trading At Over $8 On OTC Exchanges
According to Berachain’s tokenomics documents, 500 million BERA tokens are to be issued at launch. Of this supply, 15.8% — or 79 million tokens — is set to be airdropped to eligible users.
While the BERA token has not launched yet, it is currently trading at over $8 per token, per over-the-counter (OTC) DEX, WhalesMarket.
This puts the total initial airdrop at roughly $670 million at current prices. However, pre-market listings are historically extremely volatile and the amount of BERA being airdropped could differ.
Furthermore, BERA is already confirmed to be listing today on Binance, MEXC, KuCoin and OKX, plus more.
Allocation checks and claims for the Berachain airdrop begin today (February 6). However, for those that earned an allocation via social engagement and Request for Broposal users can not begin claiming until February 10.
The largest share of the BERA airdrop will go to holders of Bong Bears NFTs and affiliated NFT projects, including Bond, Boo, Baby, Band, and Bit Bears.
BERA Tokenomics
Full tokenomics are available at: https://t.co/icA4KWVTqW pic.twitter.com/qz3GZDPnkI
— Berachain Foundation 🐻⛓ (@berachain) February 5, 2025
Outside of the 15.8% supply for the airdrop, Berachain has set aside 13.1% for additional community initiatives. 20% is allocated for ecosystem research and development.
34.3% of the BERA supply is set aside for Berachain’s institutional investors while the final 16.8% is reserved for advisers and members of Big Bera Labs. Big Bera Labs are made up of the core developers and contributors of the Berachain blockchain.
The BERA token will serve as the network’s gas token for paying transaction fees and as a staking token to enhance network security. The Layer-1 solution also has a native USD-pegged stablecoin, HONEY.
The third and final token of the Berachain ecosystem is BGT (Bera Governance Token). Notably, BGT is non-transferrable and can only be acquired by engaging in productive activities within the Berachain ecosystem.
Berachain’s proof-of-liquidity consensus mechanism maintains security and preserves liquidity in the network, by diverting a portion of the network’s revenues and profits back to ecosystem participants.
BONUS: Best Wallet (BEST) Is THE Crypto Wallet For Finding The Next 100x Gem
The new Web3 presale Best Wallet (BEST) has recently gone viral, having recently surpassed $9.2 million in early stage funding. Even with the market in a slump, the Best Wallet ICO has maintained a daily funding run rate of over $100,000.
In what could be described as the best crypto presale of 2025, the BEST token represents a stake in the hottest new Web3 wallet that is rapidly gaining market share from competitors like MetaMask and Trust Wallet.
The real ones know: the best gains are made early. 👀
Check out Upcoming Tokens in Best Wallet and get ahead before everyone else does. Don’t wait until it’s trending—secure your edge now.
Don’t sleep 📲 https://t.co/he5kzra7TY pic.twitter.com/uoYRADyIQO
— Best Wallet (@BestWalletHQ) January 29, 2025
Best Wallet takes a multichain approach, incorporating 60+ chains including Ethereum, Solana and BNB Smart Chain, amongst others.
The key feature of Best Wallet that has led to its spike in popularity and an influx of buys for its BEST presale, is the Upcoming Tokens project screener. This exclusive tool within the app identifies new projects with strong potential for success on exchanges.
Currently available via the upcoming tokens tab is the hottest presale of this year, Wall Street Pepe (WEPE). It has amassed over $70m in presale funding and still has 10 days remaining before launch.
Download Best Wallet on Google Play or the Apple App Store and join the growing community on Telegram and Discord.
EXPLORE: US Congressman Backs Ethereum Name Service: Best Crypto Wallet to Buy?
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed