Bitunix Lists Berachain (BERA) Following Airdrop Surge, Reaching a Peak Price of $1.17 Billion
With the recent victory of President Donald Trump, Bitcoin reached a historic milestone of $100,000 on December 5th, thanks to Trump’s positive stance on cryptocurrencies. However, shortly after his inauguration, Trump initiated a trade war with China, Mexico, and Canada, which had a negative impact on the value of BTC and other markets. Bitcoin dropped to $92,000 and altcoins followed suit. However, due to Bitcoin’s volatility, it quickly rebounded, and analysts believe that we are still in an upward trend despite the recent drop.
Amidst these developments, various crypto projects, such as Berachain (BERA), are being launched. Berachain, a Layer 1 blockchain with an EVM identical structure, aims to optimize liquidity and decentralization through its unique Proof-of-Liquidity (PoL) consensus mechanism. The project was founded by the pseudonymous team behind the “Bong Bears” NFT collection, which includes Smokey the Bear, Homme Bera, and Dev Bear.
When the Berachain airdrop was launched on February 6th, its value reached $1.17 billion, according to Decrypt. The price of the Berachain token initially rose to $14.80 but has since fallen to $7.47 at the time of writing. The network operates with a tri-token system, consisting of $BERA (the gas token), $BGT (the governance token), and $HONEY (the stablecoin), which encourages active participation and long-term liquidity commitment.
For the airdrop, Berachain has allocated 15.75% of its total supply (79 million BERA tokens), with 55.75 million BERA (11.15%) already available to users, valued at over $800 million at its peak trading price. An additional 4.6% is reserved for select social media users, teams, and projects that participated in the “Request for Broposal” program. Beyond the airdrop, 65.5 million BERA tokens are set aside for future community incentives, benefiting users, developers, and applications.
To buy Berachain Token (BERA), users can do so on the Bitunix exchange, which listed Berachain on Friday, February 7th, just one day after its launch. Bitunix is a rapidly growing crypto exchange with a daily trading volume of over $5 billion. The process of buying BERA on Bitunix involves registering or signing in, funding the account with USDT or other supported assets, finding the BERA/USDT trading pair, and buying BERA by entering the desired amount and selecting a market or limit order.
Once the transaction is completed, the purchased BERA tokens will be stored in the Bitunix exchange wallet. The listing of Berachain on Bitunix is an important step for the exchange as it expands its options and trading pairs for users, given the popularity and success of the BERA airdrop.
