Berachain’s (BERA) 660%+ surge has been the talk of the crypto market in the past 24 hours.
BERA is now at the top of CoinMarketCap’s altcoin gainers list.
With altcoin excitement picking up again, investors are turning their attention to the Best Wallet (BEST) presale – hoping it might be next to explode.
Berachain’s Mainnet Launch Rocks the Crypto Market
Berachain burst onto the market yesterday, launching its mainnet, and looking to shake up the Layer-1 blockchain space.
The project’s Proof-of-Liquidity concept is its main selling point.
Big exchanges like Binance and Coinbase listed BERA immediately, highlighting just how much interest there is in the project.
Berachain rewards users for providing liquidity, keeping the ecosystem dynamic with constant capital flow.
It contrasts with the approach taken by Proof-of-Stake blockchains.
The numbers behind Berachain’s network are impressive: it managed to pull in over $3 billion in liquidity before its official launch.
Plus, it received investment from big names like Polychain and Brevan Howard Digital.
Unsurprisingly, all of this translated to post-listing demand for BERA.
The token is now up 660% from its initial listing price, although it was up almost 1,400% at yesterday’s peak.
BERA is currently hovering around $7.50 with a market cap of $807 million.
Berachain Stands Strong Despite Crypto Market Sell-Off
While Berachain has been rallying, the rest of the crypto market has been falling.
It seems that crypto is going through a rough patch in early February.
Top altcoins like ETH and XRP are down around 1% in the past day, while AVAX took a bigger hit, down 3%.
However, the biggest loser has been SUI, dropping 5% in the past 24 hours.
This bearish trend has pushed the Crypto Fear & Greed Index down to 44 – straight into fear territory.
So, what’s driving the sell-off?
It’s mainly due to macroeconomic factors, such as Trump’s proposed tariffs on Canada, Mexico, and China.
The proposed tariffs spooked both regular markets and crypto, triggering a $2 billion liquidation event.
These market fears also pushed Bitcoin back below the $100,000 mark.
Then there’s the concern that the Fed will keep interest rates high for longer.
When rates remain high for longer, it can dampen investor appetite for riskier assets like crypto.
But even with all this negativity, Berachain still holds strong – proving that investors get hyped about new concepts, even when times are rough.
Is Best Wallet the Next Crypto Gem? BEST Token Presale Heats Up & Raises $9M
Berachain might be the talk of the crypto market, but some investors are already searching for what’s next.
And many are focused on the Best Wallet presale.
This project has raised over $9 million so far, and the native BEST token is available for just $0.0239.
Best Wallet aims to tackle the “crypto is too complicated” argument head-on.
Imagine one app with a secure wallet you control, a DEX for swaps, and a crypto debit card for real-world spending – that’s what Best Wallet offers.
The buzz is building around this “super app,” especially since when the debit card goes live, it’ll offer up to 8% cashback for BEST token holders.
BEST holders can also stake their tokens to generate 185% APYs – even while the presale is ongoing.
Analysts are excited about the token’s price potential.
Austin Hilton, who has over 330,000 subscribers on YouTube, praised BEST in a video released yesterday.
He even described it as the “best meme coin project” on the market.
But can Best Wallet match (or even beat) Berachain’s hype?
Instead of trying to win the Layer-1 blockchain wars, Best Wallet is focused on something simple: making crypto easier for everyday people to use.
That focus on real-world utility could help Best Wallet keep expanding in 2025 and beyond.
If Best Wallet continues to grow, it could be great news for the BEST token when it lists later this year.
Visit Best Wallet Token Presale
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