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Banana Gun Takes Off After Binance Listing

Banana Gun (BANANA), a trading bot platform supporting various blockchains, is soaring after gaining surprise support from Binance, the world’s leading crypto exchange.

Binance listed BANANA with a “seed” label, indicating higher volatility compared to other assets. Interestingly, BANANA is also the first project on Binance’s new Airdrop Portal, rewarding BNB holders with airdrops. However, Binance warns that these airdrops might increase BANANA’s circulating supply and cause price swings.

This news sparked a buying frenzy, sending BANANA from $54.44 to an all-time high of $78.62 within 24 hours, a surge of over 44%. While the price has since settled around $65, Banana Gun’s future remains exciting, especially with its upcoming web application launch.

July 2024, Cryptoniteuae

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Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

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