Banana Gun ($BANANA) is a new type of digital money that recently started getting a lot of attention. However, there was a problem with its original plan that caused its value to drop by 99%. Even though they said the plan was checked twice, the price of BANANA went from almost $9 to only $0.02.
But then, they made a new plan called V2 and gave people who had BANANA some of this new money. Some people on social media said the problem was done on purpose to trick people, but now the new V2 money is doing well and is about twice the price it started at.
Also, Banana Gun is a tool that lets people quickly buy new digital money or get into new plans using a Telegram bot.
Banana Gun Price Prediction – Summary
By the end of 2023, Banana Gun grabbed a lot of attention when it first launched its V2 token, with over $10 million in trading on the first day. But after that, the trading volume dropped a bit, though the prices are still increasing at the moment. The excitement around the project decreased due to some technical issues, and now investors are being more careful. Even though the price has risen by over 100%, it might drop to $10 or lower by late December because the overall cryptocurrency market is expected to go down.
By the end of 2025, the price of Banana Gun will mostly depend on how well a new automated trading tool works and if new investors are interested. The cryptocurrency market as a whole is expected to improve in the next two years, possibly because of a significant event in mid-2024. The supply of Banana Gun tokens is low right now, but it will increase by 60% over the next two years. We think the price might be around $15 per token.
By the end of 2030, according to the Banana Gun plan, there aren’t any other big expansion plans, but the profit-sharing system might attract new investors. It’s important to know that the total supply of tokens will reach its limit by the end of the decade, which could lower the value of the token. However, it might still reach $20.
Banana Gun Price History
Banana Gun ($BANANA) started pretty well because of a glitch in its first deal. Right now, its price has doubled since it launched. However, people thought it would do even better because of all the hype it got in the past few weeks.
The first contract for the project had a big problem, causing the project’s value to drop by 99% in just three hours on September 11th. The value went from $8.70 to $0.02. Then, on September 15th, the project restarted after removing some money and giving new tokens to investors for free.
On September 15th, the new tokens were sold for $6.20 each, according to CoinGecko and DEXTools. After briefly going up to $11, the price dropped to $8.31 on September 17th but then went back up to $12.40 later that day, which was a 49% increase in about 12 hours.
Right now, as I’m writing this, BANANA is selling for $12.45, which is more than double its starting price.
Banana Gun Key Points
Banana Gun is a tool on Telegram that helps people quickly buy and sell certain cryptocurrencies before they officially go on sale to the public.
It got a lot of attention when it first came out, but there were some problems with its launch because a programmer found a mistake in its computer code.
After that, they made a new version of the cryptocurrency, and they gave it to people who already owned the old one for free.
Even though the project is making money now, not as many people were excited about the new version as they were expected to be. On the first day, only about $10 million worth of the new cryptocurrency was traded.
The project also plans to reduce the number of available cryptocurrencies in the future, but they haven’t said when or how much. They also want to give people rewards for holding onto their cryptocurrencies for a long time.
Banana Gun Price Prediction 2024
Currently, Banana Gun is being sold for $12.45, which is twice the price it started at in September.
The amount of trading happening isn’t very high right now, but it might increase if the bot does well and people like the idea of sharing revenue and getting bonuses.
However, many experts think that the value of cryptocurrencies might not do well for the rest of the year because of things like high inflation, problems in China’s economy, and other big issues like the war in Ukraine and high interest rates.
We think that by the end of 2023, BANANA will likely be priced somewhere between $8 and $12.
Banana Gun Price Prediction 2025
Basically, the price of Banana Gun depends a lot on how well its trading tool does because there aren’t many other plans mentioned in its whitepaper.
The good news for investors is that after almost two years of a slow market, experts think there will be a big increase in crypto prices in 2024.
This confidence comes from things like the upcoming Bitcoin halving, which makes mining harder and has caused price increases in the past. Some experts even predict Bitcoin could reach $120,000 by the end of 2024, which would also affect Banana Gun’s price.
But potential Banana Gun investors should know that only a fraction of its total tokens are currently available, and more will be released over the next two years, which could lower the price. We’re guessing the price could drop to $15 because of this.
Banana Gun Price Prediction 2030
Basically, the price of Banana Gun depends a lot on how well its trading tool does because there aren’t many other plans mentioned in its whitepaper.
The good news for investors is that after almost two years of a slow market, experts think there will be a big increase in crypto prices in 2024.
This confidence comes from things like the upcoming Bitcoin halving, which makes mining harder and has caused price increases in the past. Some experts even predict Bitcoin could reach $120,000 by the end of 2024, which would also affect Banana Gun’s price.
But potential Banana Gun investors should know that only a fraction of its total tokens are currently available, and more will be released over the next two years, which could lower the price. We’re guessing the price could drop to $15 because of this.
Possible Highs and Lows for Banana Gun
Here’s a simpler version of those sentences:
The table shows what we think Banana Gun will cost until the end of the decade.
When investing, especially in new projects like this, only risk what you can afford to lose.
Year | Potential High | Potential Low |
2023 | $13 | $5 |
2025 | $17 | $6 |
2030 | $23 | $2 |
What is Banana Gun?
Banana Gun is a bot on Telegram. It helps people who use it to quickly get into cryptocurrency presales and trade tokens. You just use certain commands or words in the Telegram chat to make it work. It’s like Unibot but for crypto trading, making it faster and easier for traders and investors.
BANANA token owners can get a part of the money made from their app, including 40% from bot profits (after referrals) and half of the taxes collected. Plus, people who trade using the bot get extra BANANA tokens.
Even though the launch was highly anticipated, excitement has decreased due to a problem in the smart contract. According to several reports, a coder named Mister Choc found a mistake in the BANANA token smart contract very quickly using Open AI’s chatbot Chat GPT.
Banana Gun said its digital money had been checked two times, including by a trustworthy blockchain security company called CertiK. However, neither check found a problem.
The money’s value went from $8.70 to $0.02 in only three hours, so the creators decided to take out the money in the pool and make a new version of BANANA. They gave users of the old money the new one for free.
The new version of the money got a good response, with over $10 million worth traded on its first day.
But the trading slowed down afterward. Right now, its price is about 10% higher than when it started.
Factors Affecting the Banana Gun Price
Basically, what will determine the price of BANANA are how well its trading bot works and if people like the revenue-sharing/bonus plan. These perks will encourage people to hold onto BANANA, even if they’re not using the Telegram bot for quick purchases.
Telegram bots are really popular for business now, and Unibot is leading the pack. For example, its token’s price shot up by almost 2,000% in just four weeks, going from $12 to $220 between July and August.
Even though it’s now dropped to $77, that’s still way higher than when it started. Lots of people are using its bot. Plus, they’ve got revenue sharing and bonus plans to encourage users to stick around and keep earning tokens for free by using the platform and being part of the community.
A planned token burn, even though we don’t have many details right now, could make the price of the token go up, like it did with other projects before.
But one thing investors should know is that there aren’t many tokens available right now, only about 24%. Most of the tokens will become available over the next two years, at a rate of 250,000 (2.5%) each month.
Like with any cryptocurrency, the price can be affected by the overall market and the world economy. It might go down in late 2023 but then go up again in 2024 and 2025.
Is Banana Gun the Best Crypto to Buy in 2024?
Banana Gun is a crypto project that seems cool and might do well later, but its price got messed up by a mistake in the computer code and there aren’t many coins available, so it might not be worth much.
We don’t think it’s the top choice for buying crypto in 2024. We think Wall Street Memes ($WSM) is better because it’s about to start after a big fundraising event.
We think Wall Street Memes is the best presale this year. They’ve raised over $25 million since they started. It’s a meme coin with lots of social media followers, including Elon Musk, who’s a big fan and has talked about it a few times.
They’re selling tokens for $0.0337, but you can only buy them until September 27 in the presale. After that, they’ll be listed on a top exchange for trading.
The creators of Wall Street Memes are a skilled group who made the successful Wall Street Bulls NFT collection in 2021. Now, they’ve made Wall Street Memes.
It lets you earn rewards by holding onto tokens, and currently, there are about 340 million tokens in the reward pool. You could earn around 58% return on your investment each year. If you want to know more, you can check out their whitepaper or Linktree page.
People like Joe Parys, who has 380k subscribers on YouTube, have given the project good reviews.
Disclaimer: The information on this website isn’t meant to be taken as advice for investing money. Investing involves uncertainty, and there’s a chance you could lose your money when you invest.