Berachain is more than 27% on Saturday on Saturday, trading around $ 5.99 after its recent listing on Crypto.com.
Tokens (bera) steep fall despite receiving exposure on several major centralized exchanges, including MexC, Apbit and Bithamb.
Berachain, promoted by his pseudal founder “Smoki”, officially on 6 February, after an expectation of over a year, during which it was more than $ 100 million in funding.
Originally stems from Bong Beer NFT (Non-Fungable Token) collection, the project introduced a proof of the unanimous model, separated it from traditional proof-of-set blockchain.
Bong Bear NFT Collection Launched On August 26, 2021, at the Etherium Blockchain. The collection consists of 100 unique, cannabis-themed bears NFTs and it serves as a origin project for Berachain ecosystem.
While Berachain has obtained traction for her innovative design, some industry officials have expressed concern over their initial funding strategy.
Blockworks Citation A critic who raises the issue with the fact that the project sold NFT before pivying for blockchain development.
Despite its recent exchange listing, the price of bera raises questions about the decline market confidence and its liquidity-powered model.
