Berachain (BERA) vs Wall Street Pepe (WEPE): Which New Altcoin Is a Better Investment?

What started as an NFT project for fun has evolved into one of the hottest layer 1 blockchains on the market right now. Berachain solves major blockchain issues with its “Proof-of-Liquidity” consensus mechanism. Its price has surged 662% since launching yesterday. So, could this be the next Ethereum or Solana – or is the viral meme coin Wall Street Pepe a better investment?

A new layer 1 blockchain, Berachain, has surged 662% since launching yesterday. But is the viral meme coin Wall Street Pepe a better investment with its ICO?

Highlights:

Berachain aims to solve the on-chain liquidity fragmentation issue with its “Proof-of-Liquidity” consensus mechanism, which aligns incentives across protocols and validators.DeFi protocols will be built into the chain and powered by validators, concentrating liquidity and making the ecosystem’s core use cases more liquid.One analysis suggests that Berachain’s early investors and insiders received a large portion of the supply and that the token will have “perpetual inflation.” Alternatively, Wall Street Pepe is a Pepe-themed meme coin centered around a trading insights ecosystem, offering signals, meme coin picks, and a trading insider group.Investors can stake $WEPE in the presale and currently earn an 18% APY. The presale is set to end in nine days.

Layer 1 blockchain Berachain has surged 662% since launching yesterday. But could the viral meme coin Wall Street Pepe be a better investment with its ICO?

Berachain’s “Proof-of-Liquidity” Consensus

Berachain is a layer 1 blockchain that aims to solve the on-chain liquidity fragmentation issue. Often, liquidity is spread across different protocols and infrastructures, creating an environment of security risk and high price impact.

Berachain’s solution is a “Proof-of-Liquidity” consensus mechanism, which they claim aligns incentives across protocols and validators. The chain will have DeFi protocols built into it and powered by validators.

According to the Berachain website, the chain is EVM-identical, meaning that it can connect easily with other Ethereum ecosystem blockchains. This could attract a lot of liquidity, users, and developers.

Fundamentally, this idea seems concrete. But is there more to the story than what first meets the eye?

Berachain’s Early Insiders, Grifts, and a Possible 50% Price Decrease

One of the selling points of the Berachain website is that it’s backed by “some of the best VC firms in the game.” This includes the likes of Brevan Howard Digital, Polychain, Framework Ventures, and Hack VC.

On the one hand, this could be seen as a significantly positive factor – at least some of the industry’s most successful VCs believe in the project. But on the other hand, some analysts are ringing the alarm.

“It is just another VC insider grift, people wanting to get rich off of Ethereum tech,” said prominent trader Yugo.

He noted that not only did a huge portion of the supply go to insiders and early investors, but the token will have “perpetual inflation,” which he suggests means that its price “will tank indefinitely.”

While he didn’t give an exact price target, we could expect $BERA to lose 50% of its value or more if Yugo’s analysis is correct. This could take it from its current price of $7.79 to below $4.

However, it’s important to consider that the crypto market is expected to move toward a bullish rally in the coming months. If this occurs, Berachain will likely experience some relief and create new highs – especially considering its innovative approach to concentrating liquidity.

Analyst Christiaan DeFi suggests that it could hit $10 in the coming days.

Wall Street Pepe: Biggest Meme Coin ICO Ever

One alternative project with a strong community and innovative utility is Wall Street Pepe.

It’s a Pepe-themed meme coin built around a trading insights ecosystem. The idea is to make the community stronger by giving them an informational edge in the market – similar to what smart money whales use to profit.

Hold the $WEPE token and you’ll get access to trading signals, meme coin picks, a trading insider group, staking, and trading rewards.

Not only will Wall Street Pepe community members know what to buy, but they’ll also have an insider group with other hungry traders where they can share ideas and potentially even orchestrate market-moving trades.

The staking and trading reward mechanisms provide ways for users to generate more $WEPE tokens.

This has generated a lot of positive attention. Wall Street Pepe is now the biggest meme coin presale ever with $71 million raised, and prominent analysts such as Jacob Bury say it could 100x in price.

Investors can stake $WEPE in the presale and currently earn an 18% APY. The presale is set to end in nine days, at which point $WEPE will list on the open market.