Tonight at 9 PM, BERA will go live on Binance and OKX, brothers can pay attention
BERA belongs to the public chain, raising $142 million
Tokenomics: 1. The total supply of BERA upon launch is 500 million tokens
2. BERA supply has no upper limit (inflation rate of 10% per year based on issuance type)
3. HODLer airdrop token rewards amount to 10 million BERA (accounting for 2% of the total Genesis token supply)
4. The circulation when listed on Binance is 107,480,000 BERA (accounting for 21.50% of the total Genesis token supply)
Currently, the pre-market price is around $8.5, corresponding to a market cap of approximately $900 million
Given the current sentiment in the altcoin market, particularly for new coins, expectations are generally low. If the opening price meets expectations directly, there is a high probability of a subsequent drop. If it opens low, after digesting the airdrop selling pressure, it is likely to rise after that
If it opens at $8, then a large amount of airdrop selling pressure might very well push the price down to a lower level, so it is not recommended to rush in at the opening; let's first see if there are opportunities after a potential halving.
#Bear