Binance Launches Banana Gun ($BANANA) in Binance HODler Airdrops!
Binance, the world’s top cryptocurrency exchange, has introduced a new initiative, announcing the release of Banana Gun ($BANANA) as the first project in its Binance HODler Airdrops. This launch signifies a significant step for $BANANA, the primary token of the Banana Gun bot ecosystem, which provides advanced trading tools for on-chain tokens.
Rising Interest in $BANANA
Prior to its listing on Binance, recent on-chain data indicates that a savvy trader has acquired approximately $1.5 million worth of $BANANA over the last 24 hours. This trader has been steadily amassing BANANA tokens as the token’s value fluctuated between $11 and $20.
- The fully diluted market cap of $BANANA is around $616 million
- Daily trading volume is about $37 million
- The small-cap meme coin has roughly 10,000 on-chain holders
Key Features of Banana Gun’s Project:
- 10% of the total supply burned
- 45% locked for token vesting
$BANANA Price Projections
Benefiting from increased demand from major investors and speculative retail traders in anticipation of Binance’s listing, the price of $BANANA has climbed more than 61% in the past week, peaking at around $69 on Friday.
In its current price discovery phase, $BANANA recently hit an all-time high of about $75. Analyzing from a technical standpoint, $BANANA aims to reach the next liquidity level of $91, aligning with the daily 3.618 Fibonacci Extension.
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