BANANA Coin, operated by Telegram bot Banana Gun, recently experienced a series of unfortunate events with users losing over $1.9M due to a
hack. However, demonstrating a commitment to their user base, the company announced a full refund. This act instilled renewed optimism in the market and led to a 7% increase in BANANA Coin's price. Despite the recent hack, BANANA Coin's price has been performing well in its initial stages showing a skyrocket growth of 55% in a day following its listing on
Binance. It also made a buzz after it offered its token for HODLer airdrop. The performance of BANANA has already surpassed Solana meme coin and has been compared to Bitcoin’s possible entry into the ‘
Banana Zone’- an exponential growth phase.
Famous economic influencers like
Robert Kiyosaki and
Raoul Pal have backed the potential rise of Bitcoin into this 'Banana Zone'. A similar trajectory is expected for BANANA Coin as well, especially given its successful run on the TON blockchain, amassing 8 million users in a short span of time. BANANA coin hasn't been averse to market fluctuations. Whilst it reached weekly highs post a hefty $8.68M burn, it also experienced its first losses with a 21% drop in the price. Despite the price oscillations, user engagement with BANANA coin activities continues to be strong.
BANANA Coin News Analytics from Fri, 21 Feb 2014 08:00:00 GMT to Wed, 25 Sep 2024 18:11:19 GMT -
Rating 5
- Innovation -2
- Information 6
- Rumor 3
