Banana Gun, a Telegram bot known for effortless trading across multiple chains, experienced several significant events. The bot faced a significant security breach where 563 ETH was drained from user wallets. The event led to user mistrust and raised serious questions about the bot's security systems. However, the Banana Gun team promptly intervened and vowed to refund $3 million stolen from the affected users, which was estimated to be less than 10 in number.
Post the bot security compromise incident, Banana Gun's
BANANA tokens experienced a significant price surge of 7%, suggesting a quick recovery. As signs of further movement, BANANA went parabolic as futures open interest hit an all-time high. The token also got listed on prominent trading platforms, Binance, and OKX, thus increasing its exposure and trading opportunities. Binance even conducted an airdrop of Banana gun tokens.
BANANA, as a cryptographically secured digital representation of value, also exhibited its speculative aspect when a trader made a staggering $7 million off SatoshiVM token launch using the Banana Gun sniping bot.
However, not all events were positive. There were instances where Banana Gun's price crashed by 31% in 24 hours. But notwithstanding, the bot consistently showed impressive resilience and continues to be functional and beneficial for its users.
Banana Gun News Analytics from Fri, 17 Jul 2020 07:00:00 GMT to Tue, 12 Nov 2024 15:23:54 GMT -
Rating 8
- Innovation 3
- Information 6
- Rumor 5
