What Is Banana Gun (BANANA) Coin: OKX Lists Banana Gun Token For Trading Opportunities

Banana Gun is one of Telegram’s most famous trading bots, providing trading tools for on-chain tokens. BANANA token is the native token of Banana Gun robot and the first phase of Binance HODLer’s airdrop. Ambitiously eyeing expansion across multiple blockchain networks and armed with a distinctive tokenomics model, Banana Gun project has garnered considerable interest among traders.

Banana Gun ($BANANA) has received a lot of attention since its launch. So what exactly is a Banana Gun ($BANANA)? Is BANANA worth investing in? In this article, we will take a closer look at Banana Gun ($BANANA) project.

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Table of Contents

Latest News & Updates on Banana Gun (BANANA)

What is Banana Gun?

How does Banana Gun Work?

What is the BANANA Token?

BANANA Tokenomics

Banana Gun (BANANA) Price Prediction

How to Buy the BANANA Token?

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Latest News & Updates on Banana Gun (BANANA)

The cryptocurrency exchange OKX has announced the listing of the Banana Gun (BANANA) token on its spot trading market. With this new listing, users will have the opportunity to trade the BANANA/USDT pair.

According to their announcement, OKX commenced deposit operations for the BANANA coin on October 18, 2024, at 10:00 AM Turkish time. On the same day, between 12:00 PM and 1:00 PM Turkish time, users can participate in call auctions to purchase coins during the presale period.

Finally, spot trading began at 1:00 PM Turkish time, enabling users to start trading the BANANA/USDT pair. Withdrawal operations for this coin were initiated on October 19, 2024, at 1:00 PM Turkish time.

BANANA USDT-margined perpetual futures contract with a leverage of up to 50x is available on BTCC, you can directly click the button below to buy BANANA coin⇓

What is Banana Gun? 

Banana Gun, a groundbreaking cryptocurrency project, offers a Telegram bot that empowers users to manually acquire and swiftly seize tokens on the Ethereum blockchain. Ambitiously eyeing expansion across multiple blockchain networks and armed with a distinctive tokenomics model, this project has garnered considerable interest among traders.

According to the project’s manual, the Banana Gun crypto bot actually consists of three bots. One bot serves the registration process, the second one is for buying cryptos manually or in an automated manner, and the third one is for selling cryptocurrencies. Banana Gun stands out from its competitors for its superior convenience and lightning-fast speed. Banana Gun is currently one of Telegram’s top five trading bots, along with Unibot, Mizar, Maestro, and Wagie Bot.

How does Banana Gun Work?

To use the BANANA crypto bot, you need the Telegram app. The latter is available in mobile and desktop versions. You must join the Banan Gun registration Bot to complete the registration.

Next, you can buy cryptocurrencies with the Banana Gun sniper robot and sell them with the Banana Gun sell bot. Both bots can be accessed through the project’s official website.

After registration, you can use this bot to automatically buy upcoming cryptocurrencies, manually buy existing tokens, and sell the tokens you own. Of course, each option comes with some basic Settings. You can see these Settings in the Banana documentation, which is essentially a manual on how to use a project robot.

What is the BANANA Token?

Cryptocurrency	Banana Gun
Token	BANANA3
Price	$ 59.5589 5.29%
Rank	268
Market Cap	$ 154.5M
24H Trading Volume	$ 94.3M
All-time High	$ 78.1597
All-time Low	$ 5.0240
24 High	$ 60.7909
24 Low	$ 55.8047
Cycle High	$ 66.5936 / 2024-10-14 11:24:29
Cycle Low	$ 29.9033 / 2024-08-05 10:20:00
Update Time	2024-11-08 06:24:11

The BANANA token is the native cryptocurrency of the Banana Gun crypto project. It is a fungible token that lives on the Ethereum chain, where it was minted on September 14, 2023. To ensure that “Banana Ecosystem” is sustainable, the Banana Gun team deploys three key mechanisms:

• Revenue Share: This mechanism is for $BANANA holders, allowing them to claim a share of the Banana Gun crypto project’s revenue. The latter comes from the bot’s revenue and the token’s buy/sell tax. Users who want to join in on this revenue share need to hold the $BANANA cryptocurrency.
• Banana Bonus:This applies to the Banana Gun bot users, who get rewards in $BANANA. The source of this bonus is the bot’s fees – 0.5% on manual buys and 1% on autosniper buys.
• Banana Burn:The team promises to build extra features that will require holding or burning $BANANA. So, for now, token burn events can be arranged on special occasions by the Banana Gun team.

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BANANA Tokenomics

With a total supply of 10,000,000 $BANANA, BANANA tokenomics sets as below:

Circulating supply: approximately 24% of total supply (at the time of writing)

Buy/sell tax: 4%

Token allocation (% of total supply):

• 2%:holders
• 7%: liquidity (locked for two years)
• 2%:airdrop
• 10%:the Banana Gun team (half of it locked for two years, the other half for eight years)
• 1%:relaunch burn
• 8%: treasury(liquid)
• 60% : treasury(locked)

Banana Gun (BANANA) Price Prediction

As of writing the article, BANANA coin is traded at $ 59.5589, boasting a market cap of  $ 154.5M, and witnessing a 24-hour trading volume of $ 94.3M. BANANA Token saw a 24-hour change of  5.29%, with minor fluctuations of 0.21% in the past hour.

The following sets forth the BANANA to USD Price Chart:

Banana Gun Chart

 Banana Gun (BANANA) Price Prediction 2024

In terms of BANANA price prediction for 2024, BANANA is predicted to go through a lot of ups and downs. The increase in exchange listings could makes BANANA see the market presence and value of the token rise. As a result, $BANANA could see a maximum price level of $80.98 by 2024’s end. Under a bearish circumstance, the potential lowest price of BANANA is estimated to be $53.99. The average price that BANANA may have in 2024 is estimated to be $53.99.

Here are the possible price changes we expect for $BANANA in the next half month:

Banana Gun (BANANA) Price Prediction 2025

In terms of BANANA price prediction for 2025, as many crypto analysts think the crypto market will do well in 2025, many projections indicate that BANANA is capable of seizing the growing trend and boosting promising return. As the community and the platform grow, it is predicted that BANANA would see price growth, despite unpredictable price fluctuations are expected. The potential lowest price that BANANA could see in 2025 is projected to be $ 51.2494, while the maximum price level that BANANA would reach in 2015 is estimated to be $ 83.4420. The average price expected throughout the year is $ 76.7163.

Banana Gun (BANANA) Price Prediction 2030

As for long-term price prediction on BANANA for 2030, many experts believe the blockchain market will grow massively, which might benefit meme cryptos like BANANA as more people use blockchain and transact with cryptos. As a result, the potential lowest price of BANANA in 2023 is projected to fall to $ 61.3769, while the highest possible price is predicted to be $ 115.2177. The average price of BANANA in 2030 is estimated to be $ 101.3227.

Banana Gun (BANANA) Price Prediction 2050

As to BANANA’s price prediction for 2050,  BANANA will likely experence strong volatility inthe long run  as it looks to establish itself as a permanent fixture in the market. According to our current analysis,  in 2050, BANANA token is predicted to be traded between $ 220.5147 to $ 409.1833 and the average price of BANANA should be around $ 364.4527.

There is large uncertainty about the future price of $BANANA, as the cryptocurrency market changes rapidly. With this in mind, we have made both more bullish and more bearish forecasts for $BANANA based on a variety of different scenarios.

Potential Highs & Lows of BANANA

Here are our projected highs and lows for BANANA from 2025 to 2050:

Is Banana Gun (BANANA) a Good Investment in 2024?

How to Buy the BANANA Token?

BANANA USDT-margined perpetual futures contract with a leverage of up to 50x is available on BTCC, you can buy BANANA coin on BTCC.

The following sets forth the guidance for trading BANANA USDT-margined perpetual futures contract on cryptocurrency exchange BTCC:

Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first.

Step Two: on the BTCC official homepage, choose “Deposite”, and then fund your account by your preferred methods (fiat deposit, crypto deposit or convert).

Step Three: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find BANANA coin trading pair.

You can also directly click the button below to enter the BANANA order page⇓

Step Four: choose the contract trading order type. Futures contract orders on BTCC platform include market orders, limit orders and SL/TP orders.

• Market Order: users place orders at the best price in the current market to achieve fast trading.
• Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
• SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.

Step Five: adjust the leverage multiple.

Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.

Step Six: choose the lot size and set the SL/TP price .

Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.

Step Eight: click the buy or sell button, and the BANANA coin futures contract order is completed.

That’s all information about Banana Gun (BANANA). If you want to know more information about Banana Gun (BANANA) coin and other cryptocurrencies, please visit BTCC Academy.

About BTCC

BTCC, one of the longest-running exchanges in the world, supports crypto spot trading, copy trading, as well as futures trading for 300+ cryptocurrencies with leverage ranging from 1Χ to 500Χ.  If you want to trade cryptocurrency, you can start by signing up for BTCC.

BTCC is among the best and safest platforms to trade cryptos in the world. The reasons why we introduce BTCC for you summarize as below:

• Industry-leading security
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Want know more about BTCC? please read related article: BTCC Exchange Review 2024

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