The crypto market is witnessing a surge in meme coin activity, particularly with the high-profile BANANA Coin. The Telegram Coin, BANANA, witnessed a remarkable surge of 55% following the announcement of its listing on Binance. The same platform also revealed their launch of a $BANANA Airdrop, resulting in an additional spike of the token. However, following its exponential rise, BANANA experienced its first losses with a 21% price drop.
Despite this, BANANA Coin has a rapidly growing user base with 8 million users on the TON Blockchain. Its trading presence continues to strengthen after its introduction on Binance. The Telegram trading bot, Banana Gun, has also played a role, despite a $1.9M loss from an exploit involved with it.
Renowned investors and writers, Justin Sun and Robert Kiyosaki, have displayed a particular interest in it, with the former even humorously buying a banana taped to the wall for $6M. Meanwhile, Kiyosaki predicts Bitcoin's lift-off into the 'Banana Zone' while Raoul Pal predicts the Bitcoin Banana Zone will hit within 2 weeks with a potential 4x price surge.
However, controversies exist with the crypto-art hybrid in the form of Sotheby's banana market and the 'Banana's taped to the wall' trend, with some wondering if this could signal a spike for the meme coin. Finally, a recent airdrop guide for a Banana Telegram game also keeps the interest in this innovative meme coin alive.
BANANA Coin News Analytics from Fri, 17 May 2013 07:00:00 GMT to Thu, 02 Jan 2025 13:05:00 GMT - Rating 8 - Innovation 4 - Information 6 - Rumor 2