The world’s largest cryptocurrency exchange Binance has launched the first project on its airdrop portal – a token Banana Gun (BANANA). The coin supports the work of the Banana Gun Telegram bot, which provides tools for trading cryptocurrency.
Binance Airdrop Portal is a blockchain platform that allows projects to easily and efficiently distribute their tokens to users of the crypto exchange.
Binance to List Banana Gun on Saturday
Binance customers who locked BNB tokens in the Simple Earn program from June 23 to July 5, 2024 will be able to participate in the BANANA airdrop.
The listing of the Telegram bot coin Banana Gun will take place on July 20. The BANANA token will appear on the platform with the “monitoring” label, as it poses more risks compared to other assets. Binance will launch trading in the following trading pairs:
- BANANA/BTC;
- BANANA/USDT;
- BANANA/BNB;
- BANANA/FDUSD;
- BANANA/TRY.
Following the news from Binance, the BANANA token rate jumped by more than 20%. According to CoinGeckoat the time of writing the asset is trading at $69.55. The capitalization of the Banana Gun coin has meanwhile exceeded $166.8 million.
The sharp rise in the value of BANANA has attracted the attention of crypto traders. According to Lookonchaintoday the user spent 440 Ethereum (ETH), which is valued at $1.5 million, to buy 21,183 BANANA at an average price of $71.14.
Before this, the crypto market participant bought 18,803 BANANA at a price of $12.52, spending $235 thousand on it. Later, he sold the coins at $26.26 and recorded a profit of $258 thousand.
Last September, BANANA quotes plummeted to zero due to a smart contract error. The Banana Gun project team had to sell all of its assets to maintain liquidity.
Stay up to date! Subscribe to World Stock Market on Telegram.
Source: Cryptocurrency

I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.