Berachain has experienced a significant decrease in recent days in the general market fluctuation environment. Token is traded at about $ 5, decreasing by 14 %from the previous peak level. This started to create uncertainty among investors for the future.
Berachain Expert Opinions
Market experts made various statements about the causes of the last decline. Arthur Hayes, one of the founding partners of Bitmex, said that the token price is high. In addition, well -known investment expert Michael Van de Poppe said that starting operations with lower values will support organic growth.
Arthur Hayes: “Founding friends, aim to reduce prices by working with your market makers and stock market partners.”
Michael Van de Poppe: “Significant decreases in values in the coming years can be expected.”
Liquidity and supply pressure
Market analysts say that the pressure pressure on the price of the token also affects the supply pressure. Today, approximately 2.6 %of the total supply will be released. This situation adds additional uncertainty to price movements when combined with the current sales pressure.
Blockchain consulting and investment company Moonrock Capital’dan Simon, the token’s peak level decreased by about 70 %, he noted. Simon criticized AirDrop processes and said that the fluctuation in the market could be evaluated through this example.
Market observers say that discussions continue on the sustainability of the token in the long run. Increased supply and the current volatility may also pose a risk in the future.
Investors and market analysts think that Berachain’s current depreciation is due to both market conditions and pricing strategies of the project. Considering the general uncertainty of the market, the future movements of the token will be closely monitored.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
