BANANA Coin, a new meme cryptocurrency project launched on
Binance and
TON Blockchain, has been making waves with its rapid ascension. In just a day, its price surged
55% with Binance's announcement of its listing. Alongside this, Binance launched a $BANANA airdrop, causing further increases in the token's value. The coin recorded an unprecedented growth of users in the TON blockchain, reaching 8 million. Robert Kiyosaki, the author of Rich Dad, Poor Dad, predicted Bitcoin's breakthrough into a 'banana zone', a belief shared by Raoul Pal, thereby hinting at an optimistic future for cryptocurrencies overall. Amidst these developments, the BANANA token also faced its first losses with a
21% price drop. Notwithstanding, the token bounced back, hitting a weekly high following a burn of $
8.68 million and the launch of 50x leverage futures. As per numerous price prediction pieces, the BANANA coin is expected to potentially '100x' or surge
28% due to Binance's listing. However, it is not without its fair share of challenges. The token price plummeted over
99% within hours due to a 'contract bug' and there have been accusations of scam. Although BANANA Coin can be classified as a meme coin, its rapid adoption and ambitious strides such as creating its own nodes and conducting a major token burn reveals a degree of innovation.
BANANA Coin News Analytics from Tue, 31 Jan 2017 08:00:00 GMT to Wed, 04 Sep 2024 10:01:20 GMT -
Rating 1
- Innovation -2
- Information 6
- Rumor -3
