With over 3 years of crypto writing experience, Bena strives to make crypto, blockchain, Web3, and fintech accessible to all. Beyond cryptocurrencies, Bena also enjoys reading books in her spare time.
Berachain launched its mainnet with a $632M BERA token airdrop to early users, alongside a HashKey listing with zero-fee trading.
On February 5, Berachain network officially confirmed 80 million airdropping of $632 million worth of BERA tokens at $8 per token. Allowing eligible users to start claiming from February 6, the airdrop targets early backers, including Baritio users, NFT owners, community members, and dApp users.
Henlo, and furthermore, your tokens are coming. pic.twitter.com/b9isn5XhiU
— Berachain Foundation 🐻⛓ (@berachain) February 5, 2025
Among the 500 million initial supply, 15.8% will go for airdrop. Benefactors with Bong Bears NFT and affiliates will receive the most, with long-term followers getting a significant portion of incentives. Community programs (13.1%), ecosystem development and research (20%), and advisers and developers (16.8%) received the remaining allocations.
Pre-launch speculation valued the Berachain network at a whopping $4 billion, fueling excitement among traders and investors. Analysts warned that the token’s price could fluctuate wildly within 24 hours of its market debut. Still, the sheer scale of the airdrop put Berachain firmly on the radar of the broader blockchain industry.
HashKey Global added another layer of excitement by confirming the launch of Berachain (BERA) perpetual contracts on or after February 6 at 22:00 (ET8). This development allowed traders to speculate on the price of BERA without directly holding the token, adding another dimension to the trading landscape.
— HashKey Global – 0 Fees (@HashKey_Global) February 6, 2025📢 HashKey Global New Initial Spot Listing: $BERA @berachain 🐻⛓️ Enjoy 0 Trading Fees! ✨
🎁 New User Exclusive: Trade any amount of $BERA and get 1 $BERA from a 2,000 $BERA prize pool—first-come, first-served!
✅ BERA Deposits & Withdrawals (Berachain): 9:00 UTC, Feb 7
✅… pic.twitter.com/oNsSOlEQbH
The exchange rolled out a zero-fee trading initiative starting January 16, allowing traders to maximize their gains without worrying about transaction costs. The initiative covered all spot trading pairs, except HSKUSDT, and all perpetual trading pairs, excluding BTCUSDT and ETHUSDT.
With traders bracing for Berachain’s token launch, the removal of transaction fees promised a more lucrative environment for those eager to capitalize on market movements. The company also confirmed that this zero-fee campaign would last for an extended period, with the end date to be announced separately.
As of Thursday morning, eligible users could check their allocation through the Berachain airdrop checker and claim tokens using EVM-compatible wallets such as Metamask and OKX Wallet. The inclusion of testnet users, social media participants, and other community members ensured that the distribution covered a wide range of contributors.
Adding to the excitement, Berachain’s proof-of-liquidity consensus mechanism rewarded liquidity providers, further strengthening the blockchain’s long-term vision. Over the past year, the network had built a passionate following, with its signature catchphrase questioning whether the chain “was even real?” Now, with real assets and a thriving community, Berachain was no longer just speculation.
According to data from Aevo, the pre-launch market priced BERA at $11.60, but traders expected significant price shifts within the first 24 hours of trading. The listing on MEXC and the token generation event (TGE) only heightened speculation, with investors eagerly waiting for the first real price discovery.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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With over 3 years of crypto writing experience, Bena strives to make crypto, blockchain, Web3, and fintech accessible to all. Beyond cryptocurrencies, Bena also enjoys reading books in her spare time.