Banana Gun (BANANA), currently being traded on multiple platforms including Binance, made an impactful debut in 2020. The trading bot has since successfully managed to capture the attention of investors, with a notable surge of 18.7% bringing its market cap to $165M. This was mainly due to active trading on
Telegram, coupled with Binance's rewarding initiative for its HODLer airdrops. These strategic moves enabled BANANA to bounce by a substantial 26% upon listing on the platform.
Watchers are yet keen to observe what follows the listing and the coin's initial surge. Unfortunately, BANANA was not spared from experiencing its first set of losses, which saw the token's price drop by 21%. However, innovative trading bots such as Bitbot seem to pose new challenges for established bots like Banana Gun.
In a redemptive plan post the crash of BANANA token, due to a contract bug, there is a focus on devising strategies to compete with the new AI trading bot, Bitbot. Opinions are divided, even as some traders have profited immensely from using Banana Gun, others have encountered losses due to the same contract bug. Interestingly, the bug was discovered by ChatGPT in seconds after Banana Gun's contract, which had undergone two audits, failed.
The
crypto investment world is carefully watching the unfolding wave of Telegram bots in the crypto world, amongst which Banana Gun is the forerunner.
Banana Gun News Analytics from Sun, 17 May 2009 07:00:00 GMT to Sun, 11 Aug 2024 07:17:15 GMT -
Rating 8
- Innovation 7
- Information 5
- Rumor -3
