Berachain has launched its "proof-of-liquidity" layer-1 blockchain and initiated its BERA token airdrop, which reached a value of $1.17 billion at its peak price. The token is now being traded on major centralized exchanges such as Binance, OKX, and Coinbase. However, the price of BERA has fallen by around 49% since its launch. Berachain raised over $100 million to develop its blockchain and consensus mechanism. The network is compatible with popular Ethereum Virtual Machine wallets, making it easy for users to access their tokens. A significant portion of the total BERA supply has been allocated for the airdrop, with recipients receiving rewards based on their participation in the network. In addition, future community incentives and token allocation have been introduced.



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