The launch of the Berachain (BERA) coin has garnered attention in the crypto trading community. The coin announced an airdrop of 79 million BERA coins, valued at over $632 million, to the community. Berachain aims to disrupt the web3 ecosystem and has backing from notable investors. The coin launched on major exchanges at around $13.27 but has since dropped in price. A whale investor made a profit of $589k by shorting BERA shortly after launch. In the short term, BERA's price is expected to correlate with Bitcoin's price action. In the long term, BERA's price is projected to reach a target range of $82 to $130 by 2026 and could potentially have a market cap of over $25 billion by 2028.



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