Backed by its novel Proof-of-Liquidity (PoL) mechanism and $142 million in funding, Berachain is undoubtedly one of the most anticipated narratives in the Layer 1 space this year. Data from Artemis shows that, as of March 27th, Berachain has seen a net capital inflow of $380 million over the past month. It outperforms other popular L1s like Base, Arbitrum, and Solana. This makes it the new darling of speculative capital.

With the launch of its mainnet and native token $BERA, the Berachain ecosystem is experiencing rapid growth. According to the community hub BeraLand, over 370 projects have joined the network to date, with DeFi leading the charge, followed by infrastructure, NFTs, gaming, and social applications. The Meme ecosystem on Berachain remains in an early, exploratory phase. A breakout Memecoin has yet to emerge. For sharp-eyed degens, this may present a rare window to capture early-stage alpha. This article explores the nascent Meme landscape on Berachain and spotlights a few promising projects that could define the next wave.

Berachain: A Natural Breeding Ground for Memes

From the very beginning, Berachain has been deeply rooted in Meme culture. Originally from the Bong Bears NFT project, this Layer 1 chain embodies crypto’s grassroots spirit and internet-native ethos. The name “Berachain” itself is a nod to the classic crypto meme “HODL” — with “Bera” mimicking the phonetic misspelling — and inside jokes like “Henlo” (Hello) and “Ooga Booga” (a bear-themed onomatopoeia) reflect the community’s strong meme identity.

In Berachain’s universe, the bear motif is omnipresent — from its visual branding and ecosystem project names to even the co-founder Smokey’s iconic bear mask. This unique cultural identity and its innovative PoL mechanism create a fertile environment for viral meme propagation.

PoL is unique because it transforms traditional staking. Instead of staking tokens passively, users must provide liquidity to specific pools to earn rewards. In other words, it forces users to contribute to the ecosystem actively. This directs capital toward projects and teams that genuinely add value. It ensures that liquidity circulates meaningfully among builders and users. As a result, contributors are rewarded both by the ecosystem project and Berachain.

Now imagine this: when the community goes wild over a Meme project, the resulting hype doesn’t just play out on Twitter — it directly translates to exponential growth in on-chain liquidity. Liquidity providers then earn both the project token and Berachain’s $BGT governance token, thus creating a virtuous cycle. This sustainable feedback loop lays a solid foundation for explosive growth in the Berachain Meme economy.

Mapping the Early Berachain Meme Ecosystem

As of now, Meme projects on Berachain remain few, but they generally fall into four categories. Here’s a look at two of the most promising Launchpad projects:

Launchpad

• BeraPump

It is a Memecoin issuance platform launched on Berachain mainnet. BeraPump enables users to create and trade Memecoins with one click. It offers instant liquidity, trustless token locking, staking rewards, and audio-based memes.

（Source: berapump.com)

Similar to Pump.fun, BeraPump uses a fair launch model — no presales, no team allocations. Tokens are traded via bonding curves. The platform supports three types of bonding curves — Standard, Extended, and Linear — which determine the cap for “graduation” to a DEX. Tokens graduate when they hit ~$41K, ~$177K, or ~$275K in market cap, respectively. Once graduated, the tokens are listed on the decentralized exchange Kodiak, and the associated LP tokens are burned. At that point, the creator also earns a 50 $BERA reward.

Another key feature is lock-up for enhanced stability. Token holders can lock their assets for 12 hours or 1 week. There’s also staking for additional rewards, but to unlock staked tokens, users must fulfill a whole 7-day staking period. Rewards can only be claimed after the token graduates.

• BearCage

Dubbed the “ultimate Meme factory,” BearCage aims to become the go-to portal for trading and managing Meme assets within the Berachain ecosystem. The platform has already launched its Meme Launchpad, Pump On. It allows users to create, manage, and trade Memecoins. According to its roadmap, two more key products are coming soon: an AI agent builder called Honey AI and a Meme trading aggregator named Bear Trade.

(Source: app.bearcage.xyz)

Pump On functions similarly to Pump.fun, but adds a Stake-to-Earn model inspired by M3M3. Rewards are distributed to token creators, traders, NFT holders, and $BEAR stakers through a reward pool funded by 50% of platform trading fees and ecosystem incentives, forming a sustainable flywheel.

Honey AI is an AI-powered infrastructure that allows users to create and deploy custom agents to handle complex tasks based on specific needs. Meanwhile, Bear Trade is designed to offer Meme traders a seamless and efficient experience by integrating multiple tools.

$BEAR is BearCage’s native token. With a total supply of 1 billion, the token is fully community-owned. The project is planning its TGE in April. The community sale was concluded in early February. It has raised $400K at $0.006 per token. An upcoming public sale is planned at $0.008 per token.

Meme + DEX

• Memeswap

Memeswap is a platform that integrates token issuance with decentralized exchange (DEX) functionality. It allows users to easily create and manage tokens while offering features like token locking, swapping, auto-yield generation, and mining.

(Source: memeswap.fi)

Interestingly, every token launched on Memeswap is required to undergo the Valhalla Challenge. Upon launch, the Memeswap treasury allocates funds to create a tradable liquidity pool (LP). If the LP reaches a 10x growth in liquidity within a 7-day lease period, the lease amount is returned to the treasury, and the LP receives permanent protection status. However, if the target is not met, the lease amount is still reclaimed by the treasury, but the Auto-Rug mechanism is triggered—removing any additional liquidity added during the lease and redistributing it as rewards to treasury stakers.

Moreover, Memeswap has implemented several mechanisms to make token trading more secure and flexible. To protect traders’ funds, all tokens launched on the platform have their initial liquidity locked for at least 24 hours. For token value appreciation, Memeswap offers two buyback options for token creators: burning earned tax revenue to increase the token price or accumulating more LP to boost liquidity. In addition, the platform features anti-bot and anti-whale protections that prevent rapid trading, hoarding, and sniping.

“Memeswap has introduced its flagship NFT collection, Bruuvvprint, deployed on Arbitrum with a limited supply of 1,111 tokens. Holding a Bruuvvprint grants users access to Bruuvvbot, an exclusive Telegram bot offering custodial wallet services and an informational feed. Additional automation tools are expected to be integrated in future updates.

Meme + NFT

• Honey Comb

Honey Comb is the core NFT collection incubated by Berachain’s creative studio and ecosystem gateway The Honey Jar (THJ). Launched on Ethereum in March 2023, it has a total supply of 16,420. As of now, the floor price sits around 0.12 ETH with 5,866 holders.

Honey Comb is designed to be the perk aggregator of the Berachain ecosystem. It offers holders exclusive benefits such as whitelist access, free mints, airdrops, discounts, and other yield opportunities. According to the platform, as of March 28, 66 projects have delivered over 110 benefits to Honey Comb holders, including BearCage private sale whitelist, Steady Teddys whitelist, 25% mint discount on Yeet, and Plug token airdrop.

Upcoming holder benefits include:

(Source: honeycomb.0xhoneyjar.xyz)

• Beraplug

This independent experimental initiative combines meme culture with an innovative ‘Brown Hole’ mechanism, where wallets accumulate points based on their on-chain behavior and reputation. These points determine their ranking and influence potential airdrop opportunities. It aims to redirect token distribution from short-term speculators to long-term builders, enhancing community cohesion and alignment.

(Source: plug.sucks)

The project’s native token, $PLUG, is Beraplug’s core asset and the first community ERC20 token on Berachain. It has a maximum initial supply of 3.3 billion with a burn mechanism. Originally launched on Ethereum, $PLUG now supports bridging to both Base and Berachain.

Currently, $PLUG implements a 5% tax on every wallet-to-wallet transfer for Honey Comb NFT holders. Half of the tax is used to buy Honey Comb NFTs from the market, and the rest is allocated to burning, team operations, and liquidity. In addition to Honey Comb perks, Brown Hole may offer extra rewards such as BeraPunk NFTs, and Berautistic NFTs.

• BeraBoyz

BeraBoyz is a hybrid NFT collection and meme project built around the Berachain ecosystem. Initially launched on Arbitrum in May 2024 with a total supply of 1,369, the collection currently has a floor price of approximately 0.1 ETH. NFT holders gain access to a range of perks, including whitelist spots for partner projects, token airdrops, and other community-driven rewards.

(Source: opensea.io)

The project’s memecoin, $BOYZ, has a total supply of 100 million. In February, it conducted an IDO at $0.04 per token, with 50% of the supply airdropped to BeraBoyz holders. The team is now building a one-stop meme marketplace called BeraScout, which aggregates all top launchpads within the Berachain ecosystem. BeraScout employs a revenue-sharing model. It distributes platform fees to the community to incentivize participation and build loyalty.

Memecoin

• Henlo

Incubated by THJ, Henlo is a meme project that blends humour, cypherpunk spirit, and culture. On February 5, Henlo raised $3 million in a seed round led by investors such as Framework Ventures, SNZ Holding, Primitive Ventures, ViaBTC Capital, and Baboon VC. At the time, the project was valued at $15 million.

(Source: henlo.com)

Henlo’s token, $HENLO, has a total supply of 100 billion and a circulating market cap of around $17.5 million. While the official website clearly states that $HENLO has no utility, the team is integrating it into a wide array of ecosystem dApps like Shogun, Kodiak, and Exponents. Holding or staking $HENLO may offer access to exclusive merch and NFT airdrops, positioning it as the “Bonk of Berachain.”

One key detail: Henlo’s community token sale on Ramen Finance was conducted at an FDV of $6.9 million, with $HENLO priced at $0.000069—less than half the seed round valuation. This pricing strategy aimed to provide fairer access for the community.

Risk Analysis

With its low barrier to entry and viral nature, the meme ecosystem has grown to a staggering $51.7 billion in market cap, making it an undeniable part of the crypto landscape. However, its highly speculative nature means that over 99% of memecoins ultimately fail.

Take Pump.fun, for example—while the platform has seen 9.03 million tokens created, only 118,800 have “graduated.” This equates to a success rate of just 1.32%. During the current market downturn, the weekly graduation rate has dropped to around 0.7%. Even among these, the chances of a memecoin becoming the next $DOGE or $PEPE are exceedingly slim.

(Source: @adam_tehc)

Beyond market risks, many meme projects face technical and structural vulnerabilities. For example, Beraplug’s Brown Hole and the Henlo project have not yet undergone full code audits. Memeswap’s Auto-Rug mechanism has raised concerns after it accidentally wiped a liquidity pool. If left unaddressed, these issues could pose existential threats to the projects. Teams must prioritize contract security and audits, while users should perform thorough due diligence and assess their risk tolerance before participating.

Conclusion

To clarify, the Berachain meme ecosystem is still in its infrastructure phase. No memecoin has yet shown significant wealth effects; most projects are in the early stages. They struggle with poor user interfaces, insufficient liquidity, and underdeveloped communities.

It’s essential to remain cautious of the risks behind the “gold rush,” particularly in an ecosystem where 99% of tokens are likely to fail. Protecting capital should always be prioritized over potential gains. Investors should conduct thorough research and focus on non-financial involvement—like contributing to the community or engaging with testnets—before committing any funds.