According to Odaily, cryptocurrency researcher and DYθR founder @hmalviya9 shared an analysis on X regarding the valuation of Berachain. The analysis indicates that Berachain allocated approximately 34.3% of its supply to venture capitalists (VCs), raising $82 million at an average valuation of $414 million. The average entry price for VCs is around $1.207. If Berachain's token, BERA, achieves unrealized VC returns similar to SUI, estimated at about 15 times, the launch price should exceed $15. However, the researcher considers this scenario unlikely. Alternatively, if BERA matches SEI's unrealized VC returns, approximately 10 times, the launch price should be above $10. Consequently, in a bullish market, BERA's price is expected to range between $10 and $15, while in a bearish market, it could range between $5 and $10.