MEXC, the world’s leading cryptocurrency trading platform, announced the listing of the Berachain (BERA), scheduled for February 6, 2025, at 13:00 (UTC). The launch on MEXC will be accompanied by Airdrop+ rewards of 19,100 BERA and 50,000 USDT. 

Berachain: From Meme to EVM-Identical Layer 1

Berachain began as a meme, inspired by bear-themed JPEGs, and has since evolved into the creation of an innovative blockchain. It is a Layer 1 network that is both EVM-compatible and powered by a unique Proof of Liquidity (PoL) consensus mechanism. With this mechanism, validators not only stake tokens but also provide liquidity. Through its Proof of Liquidity (PoL) model, Berachain leverages active liquidity providers to secure the network, effectively turning capital into a core security resource. 

This groundbreaking approach has attracted significant financial backing, with the project raising $142 million in its latest funding round. As of January 2, the Berachain official website reports that 234 protocols are actively participating in its bArtio Testnet. BERA is a gas token, used for transactions and staking within its ecosystem. 

Berachain, powered by the BeaconKit modular consensus layer and built on the Cosmos SDK, offers flexibility for Ethereum-based blockchains. It enables developers to create both Layer-1 and Layer-2 solutions without needing to rewrite programming languages. Recently, Berachain launched Boyco, a pre-launch liquidity platform in collaboration with Enso and LayerZero, designed to address the cold start issue for new decentralized applications. Boyco’s pre-deposit vaults have already reached $2.2 billion.

Celebrate the BERA Launch with a prize pool of 19,100 BERA & 50,000 USDT

In a significant show of support for Berachain and its expansive ecosystem, MEXC is set to list the new BERA token. This move not only underscores MEXC’s commitment to pioneering blockchain projects but also connects users with a dynamic network that fuels cutting-edge initiatives. 

MEXC, known for quickly listing trending tokens, expands its offerings with Berachain (BERA). The BERA/USDT trading market officially launched in the Innovation Zone on February 6, 2025, at 13:00 (UTC), followed by the introduction of the BERA USDT perpetual futures at 13:10 (UTC), offering adjustable leverage from 1x to 50x with both cross and isolated margin modes. 

To celebrate the listing of Berachain (BERA) on MEXC Spot and Futures on February 6, MEXC is launching a series of exclusive activities starting on February 5, 2025, at 05:00 (UTC). Participants will have the chance to win BERA tokens, USDT bonuses, and other exciting rewards, with opportunities available for both new and experienced users.

These activities include:

• Event 1: Deposit and Share 14,000 BERA (New User Exclusive)

Deposit at least 15 BERA or 100 USDT to qualify. 

Trade BERA Spot ($100) or trade BERA Perpetual Futures ($500) to earn 2 BERA each, limited to 3,500 users per activity, on a first-come, first-served basis.

• Event 2: Spot Challenge — Trade to Share 1,000 BERA (Open to All Users). 
• Event 3: Futures Challenge — Trade to Share 50,000 USDT in Futures Bonuses (Open to All Users). 

The top 2,000 users with trading volumes over 20,000 USDT will share the reward pool, with individual rewards of up to 5,000 USDT.

• Event 4: Invite New Users and Share 4,000 BERA. 
• Event 5: Spread the Word and Win 1,00 BERA Rewards 

Your Easiest Way to Trending Tokens 

MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 30 million by providing a diverse selection of tokens, high-frequency airdrops, and simple participation processes. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million. 

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Melania Trump’s meme coin, MELANIA, has made a strong comeback, noting a 19% price surge in the past 24 hours. This comes after the meme coin plunged to an all-time low of $1.23 during Monday’s trading session.  

MELANIA currently leads market gains, outperforming major digital assets as demand strengthens. With rising buying pressure, this uptrend might continue.

MELANIA Sees Resurgence in Trading Activity

The surge in demand for MELANIA is evident in its rising trading volume. At press time, this totals $203 million, climbing by 78% in the past 24 hours. 

When a surge in trading volume accompanies an asset’s price rally, it indicates a strong market conviction, as more participants are actively buying the coin. 

High trading volumes like this confirm the legitimacy of the price movement. It shows that MELANIA’s rally is driven by actual demand for the meme coin and not fueled by manipulative trades. This signals the likelihood of sustained momentum, increasing the chances of the rally continuing.

Moreover, MELANIA’s open interest has also climbed by 56% in the past 24 hours, highlighting the high demand for the token. Per Coinglass data, this sits at $75.44 million at press time.

Open interest measures the total number of outstanding futures or options contracts that remain unsettled. When it climbs during a price rally, it suggests new money is entering the market, reinforcing the uptrend and indicating strong trader confidence in continued price movement.

MELANIA Price Prediction: Key Indicator Points to More Upside

On the daily chart, MELANIA’s Chaikin Money Flow (CMF), which measures an asset’s money flow, is set to break above the zero line. This setup signals increasing buying pressure and the potential shift toward a sustained bullish trend.

If this trend continues, MELANIA could extend its gains and break above $2.

On the other hand, if the meme coin rally wanes, MELANIA’s price could revisit its all-time low of $1.23.

Cardano’s lackluster performance has prompted its largest holders to reduce their trading activity over the past week. On-chain data reveals that ADA whales have gradually distributed their holdings over the past seven days. 

With a growing bearish bias against the altcoin, ADA risks further decline if the trend continues.

Cardano Whales Reduce Their Exposure 

IntoTheBlock’s data shows that the netflow of large ADA holders has plummeted by 90% in the past seven days. Large holders are whale addresses that hold more than 0.1% of an asset’s circulating supply.

When this cohort of token holders reduces their netflow, the inflow of tokens into their wallets significantly decreases compared to outflows. This suggests that these major investors are either selling off their holdings or refraining from accumulating more, reducing their overall market influence.

The decline in large holders’ netflow signals weakening confidence among ADA’s big players, which can lead to lower liquidity and increased price volatility. If this trend continues, the coin may face further downside pressure as buying momentum from key investors falls further.

Moreover, this decline in ADA whale activity comes amid rising demand for short positions in the coin’s futures market. This is reflected by the coin‘s negative funding rate of -0.005%, which suggests that traders are increasingly betting against the asset. 

The funding rate is a periodic fee exchanged between long and short traders in perpetual futures contracts. It is designed to keep contract prices aligned with the spot market. When an asset’s funding rate is negative, short traders are paying long traders. This indicates a stronger demand for short positions, which signals a bearish market sentiment.

ADA Price Prediction: Bearish Trend Grows With Price Below Key Indicator

ADA remains below the red line of its Super Trend indicator on the daily chart, reinforcing the bearish outlook above. This momentum indicator helps traders identify the market’s direction by placing a line above or below the price chart based on the asset’s volatility.

As with ADA, selling pressure dominates the market when an asset’s price trades below the red line of the Super Trend indicator. If the selloffs persist, ADA’s price will extend its decline and fall to $0.70.

Conversely, should traders begin to accumulate the coin again, ADA’s price could climb to $0.82.