What is Banana Gun?

Banana Gun isn't some quirky fruit weapon. It's a Telegram bot designed to shake up crypto trading on Ethereum and Solana. This handy tool lets you snipe new token launches and grab tokens already in play. Imagine it as your crypto sidekick, helping you snag the best tokens before they shoot up in value.

On June 2, 2023, Binance introduced Banana Gun (BANANA) as the first project on its Airdrop Portal. This project focuses on trading tools for on-chain tokens, including trading and sniping features. In plain English, Banana Gun gives you the tools to handle the wild world of crypto trading with ease and accuracy.

Banana Gun Airdrop Details

Banana Gun (BANANA) made waves in the crypto scene with its unique airdrop strategy. As part of Binance HODLer Airdrops, users who subscribed their BNB to Binance's Simple Earn products between June 23, 2024, and July 5, 2024, were eligible for the BANANA airdrop. This means loyal Binance users could score free BANANA tokens just by holding BNB.

Banana Gun aims to make crypto trading more fun and accessible, offering tools that help users stay ahead in the fast-paced world of cryptocurrencies.

Trading BANANA

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Ready to jump into the BANANA frenzy? Whether you're just getting your feet wet in crypto or you're a seasoned trader, here's the lowdown on BANANA's trading pairs and supply details.

Initial Trading Pairs

When BANANA hit the market, it brought some tasty trading pairs with it. These pairs let you swap BANANA with popular cryptos and even some fiat currencies, so now you can: 

• Swap BANANA with Bitcoin
• Trade BANANA with Therher (USDT)
• Exchange BANANA with Binance coin
• Trade BANANA with First Digital USD
• Swap BANANA with Turkish Lira 

These pairs went live on July 20, 2024, making it a breeze to snag some BANANA tokens.

Circulating and Total Supply Information

Let's peel back the details on BANANA's supply. Knowing the circulating and total supply is key in crypto, as it can impact the token's price and your trading moves.

At launch, BANANA had an initial circulating supply of 3,220,000 tokens, which was 36% of the total supply. The total supply is 8,900,000 tokens, with a max cap of 10,000,000.

By July 18, 2024, the circulating supply dipped to 2,420,000 BANANA tokens, making up 27% of the total supply. This ebb and flow in supply can make trading BANANA on Binance quite the rollercoaster ride.

Tokenomics of Banana Gun

Peeling back the layers of Banana Gun's tokenomics is like unwrapping a surprise gift—simple yet full of goodies.

Token Allocation Breakdown

Banana Gun's token allocation is all about balance and rewarding everyone involved. After the Token Generation Event (TGE), around 2.38 million tokens will be in play. The buy-and-sell tax setup is clear-cut, designed to benefit both token holders and the community.

Every time you buy or sell BANANA, you know exactly where those tiny percentages are headed. This keeps the community buzzing and the bananas fresh.

Revenue-Sharing Model

Banana Gun's revenue-sharing model ensures a steady stream of profits for its loyal token holders. The model splits into two main streams:

• 40% of bot proceeds go to unlocked token holders.
• 50% of tax revenue flows into the revenue-sharing reservoir.

So, if you're holding BANANA tokens, you're not just part of a quirky community; you're also getting a tasty slice of the profits.

Holding BANANA tokens means you're in for a treat, enjoying a well-planned revenue-sharing model that keeps you in the green—or should we say, yellow.

Banana Gun Launch and Impact

The Big Bang Launch

When Banana Gun hit the scene on September 12, it was like strapping a rocket to a banana. Starting at just $0.65, the token shot up to a jaw-dropping $8. Early birds who grabbed those bananas were laughing all the way to the bank, and the crypto crowd went bananas with excitement.

Bumps in the Road and Takeaways

But it wasn't all smooth sailing. The Banana Gun team hit a snag—a bug in the token contract messed up the transfer of the selling tax to the treasury. This hiccup was a wake-up call about the need for thorough checks before going live.

Here’s what we learned:

• Test, Test, Test: Make sure every part of the smart contract is bulletproof to avoid nasty surprises.
• Keep It Real: Be upfront with your community about any issues and what you're doing to fix them.
• Backup Plans: Always have a Plan B (and maybe a Plan C) for when things go sideways.

Banana Gun's wild ride shows that while crypto can be a goldmine, it’s also a minefield. You’ve got to be quick on your feet and ready for anything.

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