How Low Can Berachain (BERA) Price Go?

Pooja Khardia
Updated
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How Low Can Berachain (BERA) Price Go?

Highlights

  • Berachain token surged 1400% right after launch but crashed with sellers' dominance.
  • The strong bearish momentum indicates the possibility of a decline like the TRUMP and MELANIA meme coin crash.
  • BERA price might crash to $1.50 if the bearish downtrend continues.

The native token of the Berachain blockchain network has been officially launched and is live for trading. Like most newly launched tokens, there’s high volatility around BERA, clearly visible in the price performance. It is a concern for investors, especially considering the current market conditions. However, the question is more concerned with its long-term trajectory, as many newly launched tokens have crashed significantly in the last few weeks amid market turbulence. So, how low can Berachain price drop in this context? Let’s discuss.

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Berachain Price Surged 1400% But Crashed Soon

The BERA token entered the market on January 6, following a significant Berachain airdrop and token generation event. Interestingly, it rode the bulls right after launch, as the Berachain price surged 1400%, creating an ATH of $14.99.

The Binance listing also played a significant role in this BERA price rally, exposing the token to a broader market and attracting investors’ interest. However, volatility soon took over, with the larger whale taking the profit by shortening the token.

As a result, the price has crashed 48.35% since the prime, currently trading at $7.91 with a market capitalization of $849.66M per CoinmarketCap. However, the trading volume is still high at $2.19B, showing high investor activity, including sellers. As a result, bearish momentum has built, which could continue this trajectory if the sellers’ activity remains maintained.

Berachain price rally

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How Low Can BEAR Price Crash?

The cryptocurrency market is already turbulent, and it quickly caught up with the newly launched Berachain coin. Its nearly 50% drop from its prime within a day raises concerns about its long-term price trajectory, especially as the TRUMP and MELANIA meme coin failed.

Both tokens had a bullish start, and many investors bagged heavy profits. However, as these took the liquidity, the remaining meme coins crashed. Eventually, the TRUMP meme coins hype settled with time, pushing them into an 80-90% consolidation from their prime. As a result, TRUMP’s price declined from $75.35 to $17.60, whereas MELANIA’s dropped from $13.73 to $1.51.

Most newly launched tokens go through a similar process, especially with the top crypto exchange listings. If the same pattern followed, the Berachain price could crash similarly due to high volatility and market sentiments. Comparative analysis indicates that the BERA price could hit bottom at $1.90

BERA price prediction

Disclaimer: This is a possible scenario considering global market conditions and similar incidents. So, the outcome could vary completely from this forecast. Investors must do their own research.

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What You Should Do Next?

Although the Berachain coin price rallied 1400% after launch, its significant drop indicates the need for caution. This becomes more important in the early days, when the airdrop receivers are on a selling trajectory, and the market is witnessing high liquidity. Investors must carefully analyze the BERA price movement and the community sentiments around it. If it follows the momentum of the TRUMP and MELANIA meme coins, it could crash to as low as $1.50.

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Frequently Asked Questions (FAQs)

1. How Berachain token is performing now?

Berachain currently trades at $7.91 with a market capitalization of $849.66M, but has declined 48% since the ATH.

2. Will Berachain price crash to $1.50?

The Berachain token is facing high voltility and a price trajectory like TRUMP and MELANIA meme coin lead it to crash to $1.50.

3. Should you invest in this token?

BERA is facing high volatility with airdrop claims and global market sentiments. Investors must carefully monitor this token before making any decision.
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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.