Banana Gun (BANANA) Price Prediction 2024,2025,2030

The recently released cryptocurrency token Banana Gun ($BANANA) has acquired a lot of popularity in the past week, in part because it was discovered that a fault in its original contract caused the token to lose 99% of its value.

 

 

 

The project subsequently created a V2 token and airdropped investors a new allocation, but not before the price of BANANA dropped from roughly $9 to $0.02 despite allegedly having the contract examined twice.

 

Social media users claimed that the issue was actually a rug pull, however the V2 token has since launched and is now almost 100% more expensive than when it first launched.

 

One of the greatest cryptocurrency sniping bots is Banana Gun, which enables users to purchase tokens through a Telegram bot or to observe impending launches.

 

 

What is Banana Gun (BANANA)?

 

Banana Gun is a Telegram bot that allows users to fast snipe cryptocurrency presales and trade tokens by entering particular instructions or trigger keywords into the Telegram channel.

 

 

 

Building on Unibot’s popularity, Banana Gun streamlines the trading and sniping processes for cryptocurrency investors and traders.

BANANA token holders can claim a portion of the dApp’s total income, which includes 50% of tax revenue and 40% of bot revenue (after referrals). Anyone who uses the bot to trade, whether sniping or buying tokens, will also receive BANANA tokens as a bonus.

 

Despite the high expectations around the debut, interest has cooled due to an issue with the smart contract. Multiple sources state that anonymous coder “MisterChoc” used Open AI’s chatbot “ChatGPT” to find a security hole in the BANANA token smart contract in a matter of seconds.

 

Neither of the two audits that Banana Gun said had been conducted on its token—one by CertiK, a respected blockchain security firm—had found the flaw.

 

The devs drained the liquidity pool and launched a fresh version of BANANA, airdropping users new tokens, after the token dropped from $8.70 to $0.02 in under three hours.

 

Although trading volume has decreased in the days following its initial day, the second token version has received a decent reaction, registering over $10 million.

 

The current pricing is around 10% higher than the initial launch price.

 

 

 

 

 

 

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Banana Gun (BANANA) Price History

 

Despite the high expectations sparked by the recent buzz, Banana Gun ($BANANA) has had a respectable launch thanks to its flawed first contract, with a price that is now 100% higher than launch.

 

In under three hours on September 11, the project’s value plummeted from $8.70 to $0.02 due to that flawed initial contract. The token relaunched on September 15, after exhausting the liquidity pool, and investors were airdropped fresh tokens.

 

Based on statistics from CoinGecko and DEXTools, the coin was relaunched on September 15th for $6.20. After a short surge to $11, it fell to $8.31 on September 17th before spiking to $12.40 later that day, a 49% increase in twelve hours.

 

With a price increase of more than 100% from its original price, BANANA is now selling for $12.45.

 

 

 

 

 

 

 

Banana Gun (BANANA) Price Prediction 2024

 

Banana Gun has increased in value since its September 15 introduction, and is now selling at $12.45.

 

The bot’s performance and the attractiveness of the revenue-sharing and bonus opportunities have kept trading volume low, but that might change.

 

Nevertheless, the majority of crypto experts anticipate that the crypto space will have challenges from now until the end of the year. This is due to a number of macroeconomic issues, including persistently rising inflation, China’s economic woes, the conflict in Ukraine, and elevated interest rates.

 

By the end of 2023, we anticipate that BANANA will be priced between $8 and $12.

 

 

 

 

 

 

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Banana Gun (BANANA) Price Prediction 2025

 

As said earlier, Banana Gun’s whitepaper doesn’t go into much information regarding any other future intentions to increase its product, therefore the pricing seems to be heavily dependent on the success of its trading tool.

 

The good news for investors is that the market is predicted to have its next bull run in 2024, after a lengthy down market that lasted over two years. Many, including Bitcoin billionaire Arthur Hayes, are sure that the market will make enormous gains in the next 12 months.

 

The next crypto bull market might start in the first few months of 2024, in my opinion. “This might be the biggest bull market for risk assets and cryptocurrencies since the Great Depression and World War II,” he said.

 

Much of the optimism stems from the impending Bitcoin halving, which has served as a catalyst for prior bull runs and will make mining rewards more difficult.

 

Our Bitcoin price projection has already taken note of the fact that financial banks like Standard Chartered are projecting a Bitcoin price of $120,000 by the end of 2024 and further momentum into 2025. This would undoubtedly have a tremendous impact on the rest of the market, including Banana Gun.

 

On the other hand, prospective BANANA investors should be aware that there are only 2.4 million coins in circulation out of a maximum of 10 million.

 

The Banana Gun tokenomics state that 250,000 tokens will be released monthly over the next 24 months, for a total of 6 million tokens. We anticipate a price of $15 for BANANA since adding that many tokens to the supply will have a significant impact on the pricing.

 

 

 

 

 

Banana Gun (BANANA) Price Prediction 2030

 

Since many different factors influence the long-term price prospects of cryptocurrencies, it is difficult to precisely forecast their prices over lengthy periods of time.

 

Nevertheless, the increasing number of crypto users and the popularity of Telegram trading bots are indisputable facts. Banana Gun is in a prime position to capitalise on new users since it was one of the earliest and biggest Telegram trading bots.

 

There is a revenue-sharing plan and a transaction bonus for all trades performed through the bot, and the whitepaper states that the token will eventually be burned. However, no further specifics are provided at this time.

 

But, given the project’s relative youth in the industry, the long-term reactions of crypto traders and investors remain uncertain.

 

While we anticipate BANANA reaching $20 in this Banana Gun price prediction, we also acknowledge that it may become outdated due to the possibility of new and improved sniping technologies, particularly as AI advances.

 

 

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What Affects Banana Gun Price?

 

As mentioned earlier, the main elements impacting BANANA’s pricing are the trading bot’s performance and the attractiveness of the revenue-sharing/bonus system to future customers.

 

With the possibility of huge advantages from the wider ecosystem even if people aren’t utilising the Telegram bot to snipe or buy, those two ecosystem benefits will certainly encourage keeping.

 

Using a Telegram bot to do commerce has grown in popularity rapidly, with Unibot leading the pack.

When compared, that token’s price exploded from $12 to $220 in the span of four weeks in August, an increase of about 2,000%. With thousands of people utilising its bot, the price has reduced to $77, which is still five times greater than its inception.

 

Users should be motivated to earn tokens in the long run by the revenue sharing and bonus programmes. They can earn free BANANA as a bonus for utilising the platform and simply being part of the ecosystem.

 

Although information is limited at this moment, previous projects have shown that a planned token burn can actually have a positive effect on pricing.

 

Investors should be mindful of a few things, the most important of which is the low circulation supply (24% at present), with 250,000 tokens (2.5%) unlocked each month over the next two years.

 

There will be some short-term suffering in late 2023, but then a bull run in 2024 and 2025, like with all cryptocurrencies, due to the influence of the broader market and global economy.

 

 

 

 

 

Banana Gun (BANANA) Price Prediction: Conclusion

 

The new crypto project and Telegram bot Banana Gun streamlines the process of trading tokens and sniping crypto presales.

 

Despite the project’s massive pre-launch anticipation, the BANANA tokens lost 99% of their value in three hours due to a flawed smart contract, which was reportedly examined by two organisations. A fresh token was then produced once the liquidity pool was exhausted.

 

The coin is still doing decently in its first week and is up 100% from debut, but investor trust has taken a major hit due to the poor launch.

 

Despite the token’s tiny circulating quantity and the potential impact of unlocked tokens on price, we anticipate a decrease in the token’s value before 2023 ends, followed by solid years in 2024 and 2025.

 

After then, the demand for the trading bot and the value of the bonus and revenue tokens will determine the BANANA price.

 

It might potentially become outdated if new technologies or stronger AI techniques become available.

 

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