BANANA Coin is making waves in the cryptocurrency market with prominent events, predictions and market moves. A cryptocurrency project known as
Banana Gun, with its native token
$BANANA, is attracting attention with its market movements and related incidents. Notably, an increase in
BANANA worth and visibility was observed post its listing on
Binance, and staging of a '$BANANA Trade and Earn' campaign. This heightened visibility of
$BANANA was also marked by a significant surge by 7% after Banana Gun issued a full refund to hack victims.
Despite being a meme coin,
BANANA Coin holds interesting potential for investors, as even Justin Sun, the founder of Tron (TRX), was associated with it. Sun bought a piece of artwork called the 'Banana-Taped' that later proved to be a part of a crypto endeavor. Financial influencers predict the arrival of the
‘Banana Zone’, a phase, as per them, would trigger an altcoin season. Backing this prediction, notable personalities such as Raoul Pal and Robert Kiyosaki vocalize their bullish opinion for Bitcoin's trajectory entering the Banana Zone. Notably, when the term Banana Zone was first being discussed,
Dogecoin was projected to surge too.
However, it’s essential to acknowledge the risks in the meme coin ecosystem, this was evident with Banana Gun’s users losing over $1.9M via a Telegram bot and Banana Gun absorbing a $3M loss from a hack. Despite these setbacks, the
BANANA Coin has displayed resilience with a robust rebound in the market. This makes
BANANA Coin a rather compelling option in the meme coin sector.
BANANA Coin News Analytics from Wed, 24 Jan 2018 08:00:00 GMT to Wed, 26 Feb 2025 11:47:44 GMT -
Rating 6
- Innovation -4
- Information 8
- Rumor -3
