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Banana Gun Price Forecast 2023-2030

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2024-03-20 10:27:43387browse

End of 2023: Banana Gun has received a lot of attention since its launch – both positive and negative – and has over $10 million in trading volume on its V2 token’s first day. However, the volume has declined in the days since, although it currently still shows a green candle. After a lot of hype surrounding the project before the initial launch, which has been greatly dampened by the buggy contract, it now appears that investors are taking a more cautious approach to the token.

Banana Gun Price Forecast 2023-2030

Banana Gun ($BANANA) is a newly launched crypto token that has gained a lot of attention in the last week – not least because of its A bug was discovered in the original contract, causing the token to lose 99% of its value.

Despite reports of two audits of the contract, BANANA’s price dropped from nearly $9 to $0.02 before the project launched its V2 token and airdropped new allocations to investors.

Despite claims on social media that the bug was actually a carpet pull, the V2 token has been launched and is trading approximately 100% above its launch price.

Banana Gun is a sniping tool that allows users to snipe upcoming releases or purchase tokens through Telegram bots.

Banana GunPrice Prediction - Summary

  • End of 2023: The Banana Gun has been in the spotlight since its launch – both positive and negative ’s was still negative – and had over $10 million in trading volume on its V2 token’s first day. However, the volume has declined in the days since, although it currently still shows a green candle. After a lot of hype surrounding the project ahead of its initial launch, which has been significantly dampened by the buggy contract, it now appears investors are taking a more cautious approach to the token – although it’s still up over 100%. With cryptocurrency prices expected to fall towards the end of the year, BANANA could be worth $10 or less by late December.
  • End of 2025: The price of the Banana Gun will largely depend on how well the sniper robot works and whether new investors are willing to be part of the project. The entire cryptocurrency space is expected to be in a better position over the next two years, with the next Bitcoin halving (expected in mid-2024) likely to trigger a new cryptocurrency bull run. The price of Banana Gun should improve, but investors also need to consider the low circulating supply, which is only 24% at the time of writing, with over 6 million (60%) more BANANA tokens set to be added over the next 24 months of supply. We predict a price of $15 per token.
  • End of 2030: According to the Banana Gun white paper, the project appears to have no other expansion plans, although the revenue sharing plan should be attractive enough to attract new investors. Likewise, it’s important to consider that by the end of the decade, the supply will reach the full 10 million, which may reduce the value of the token – BANANA could still reach $20, however.

Banana Gun Price History

Banana Gun ($BANANA) got off to a great start as its first contract was bugged and its price is currently up 100% from launch, despite the hype in recent weeks After that, more is expected.

banana gun 1

#The first bugged contract was on September 11. In just three hours, the project lost 99% of its value—from $8.70 to 0.02 USD and then the token was relaunched on September 15 after depleting liquidity pools and airdropping new tokens to investors.

The coin relaunched on September 15 at $6.20, according to CoinGecko and DEXTools data, then after briefly rising to $11, fell to $8.31 on September 17, before falling to $8.31 on the same day It surged to $12.40 later in the day, up 49% in about 12 hours.

As of this writing, BANANA is priced at $12.45 — more than 100% above its launch price.

Banana GunKey Points

Banana Gun is a Telegram bot that allows users to snipe pre-sale tokens and quickly trade cryptocurrencies.

Its launch was met with huge hype, although its launch was tempered by problems when a coder discovered a bug in its smart contract.

Banana Gun X post

# A new version of the token was subsequently launched, and investors airdropped the new token.

While the project is currently profitable, the response to the second token launch has been much milder than expected, with first-day trading volume only around $10 million.

The project also plans to burn tokens in the future, although there are no details yet on when or how much, while the revenue sharing and bonus plans should make holding the tokens attractive.

Explore Our Top 10 Pre-Sales

Banana Gun Price Prediction 2024

At the time of writing, Banana Gun is trading at $12.45, a 100% increase from its September 15 launch price.

Trading volumes are relatively sluggish, but could pick up if the bot proves successful and potential investors find the revenue sharing and bonus potential attractive.

banana gun 3

However, most cryptocurrency analysts predict that the cryptocurrency space will be in trouble between now and the end of this year, especially as inflation remains high and the Chinese economy is in trouble and in the context of other macro factors such as the war in Ukraine and high interest rates.

We forecast BANANA’s price to be between $8 and $12 by the end of 2023.

Banana Gun Price Forecast (2025)

As mentioned above, the price of Banana Gun appears to be heavily dependent on the success of its trading instrument because BananaGun The white paper contains few details about any other future plans to expand its product range.

The good news for investors is that after nearly two years of bear market, the next cryptocurrency bull run is expected to occur sometime in 2024, Bitcoin billionaire Arthur Arthur Hayes and others believe the market will make huge gains over the next 12 months.

“I believe the next bull run in cryptocurrencies may begin in early 2024. This may be the most significant bull run since the World War II and Great Depression era, not just for cryptocurrencies but for risk assets,” he said .

Confidence in the space is largely due to the upcoming Bitcoin halving, which not only makes mining rewards more difficult, but has historically been a key driver of previous bull runs.

In fact, as our Bitcoin price forecast has noted, investment bank Standard Chartered predicts that Bitcoin will reach $120,000 by the end of 2024 as well as strong momentum by 2025, which will set the stage for growth including # There will be huge ripple effects in other markets including ##Banana Gun.

However, potential BANANA investors should also note that at the time of writing, only 2.4 million of the project’s maximum supply of 10 million are currently in circulation.

According to Banana Gun Tokenomics, an additional 6 million tokens will be unlocked at a rate of 250,000 per month over the next 24 months. Adding so many coins to the supply will greatly impact the price of BANANA, which is why we predict a price of $15.

Banana Gun Price Prediction (2030)

It is difficult to accurately predict the price of any cryptocurrency over a long period of time because there are many different factors that influence the long-term price outlook .

However, there is no denying the growing popularity of Telegram trading bots and the number of new crypto users joining the space. As one of the first and largest Telegram trading bots, Banana Gun is well-positioned to capitalize on new users.

The white paper outlines that the token will eventually be burned – although there are no further details at this time – while there will be a revenue sharing scheme and trading bonuses for all trades made through the bot.

However, the project is also very new to the market, and it is unclear how cryptocurrency traders and investors will respond to it for a long time.

In this Banana Gun price prediction, we think the BANANA may reach $20, despite the potential of new and improved sniper technology - especially as artificial intelligence becomes more The more advanced it is – it may make it obsolete.

Banana GunPossible Highs and Lows

The table below outlines what we believe is a realistic price for Banana Gun before the end of the decade.

As with any project, and even more so with newly launched and unproven projects, investors should only spend what they can afford to lose.

High potential Low potential
2023 $12 $6
2025 $15 $8
2030 $20 $1

What is Banana Gun?

Banana Gun is a Telegram bot that allows its users to quickly snipe cryptocurrency pre-sales and trade tokens by using specific commands or triggering keywords in Telegram chats.

Following the success of Unibot, Banana Gun helps cryptocurrency traders and investors manage their trades and sniping faster and more efficiently.

banana gun 4

BANANA token holders can receive a share of the total revenue on their dApp, including bot revenue (40% after referrals) and 50% of tax revenue. For anyone trading through the bot, whether they are sniping or buying tokens, there is a reward of BANANA tokens.

Although the launch was hyped, a problem in its smart contract has dampened enthusiasm. According to multiple reports, a pseudonymous programmer named MisterChoc discovered a flaw in the BANANA token smart contract within seconds using Open AI’s chatbot ChatGPT.

Banana Gun claims that its token has been audited twice, including by renowned blockchain security firm CertiK, but neither audit found the flaw.

With the token dropping from $8.70 to $0.02 in just three hours, the developers decided to drain the liquidity pool and launch a new version of BANANA, airdropping new tokens to users.

The second version of the coin received a reasonable response, with trading volume exceeding $10 million on the first day, although trading volume declined in the following days.

At the time of writing, the price is approximately 10% higher than its published price.

Factors AffectingBanana GunAs mentioned above, the main factors affecting the price of BANANA will be the success of its trading bot and whether potential users consider revenue sharing/bonuses The plan is attractive.

These two benefits of the ecosystem are sure to incentivize holding, and even if individuals don't use Telegram bots to snipe or buy, there's the potential to make huge gains from the broader ecosystem.

banana gun tokenomics

Telegram Bots have quickly become a very popular way of doing business in the field, and Unibot is at the forefront of the market.

In comparison, the coin’s price increased by nearly 2,000% between July and August, surging from $12 to $220 in just four weeks. Even though the price has dropped to $77, it’s still five times higher than when it launched, with thousands of users using its bot.

Revenue sharing and bonus programs should also incentivize users to earn tokens in the long term, as they will be able to earn free BANANA as a reward for using the platform, and also for simply being part of the ecosystem.

Although details are scarce at the time of writing, the planned token burn could also have a positive impact on price, as has been seen with other projects in the past.

However, one major factor that potential investors should be aware of is that the circulating supply is small – currently only 24% – with most tokens set to be unlocked over the next two years at a rate of 250,000 per month (2.5%) .

As with all cryptocurrencies, the broader market and world economy will have an impact on prices, with short-term pain expected in late 2023, followed by a bull run in 2024 and 2025.

Is Banana Gun the Best Cryptocurrency to Buy in 2024?

Banana Gun is an interesting crypto project with some future potential, although its price potential is greatly affected by a botched smart contract that greatly dampens the hype, as well as the price that will be affected Small amount of circulating supply.

We wouldn’t rate it as the best cryptocurrency to buy in 2023, we believe Wall Street Meme ($WSM) will launch soon after its explosive ICO.

wall street memes presale

Also rated by us as the best pre-sale of the year, Wall Street Meme has raised over $25 million since its launch as a high-potential meme coin that thrives on social media With over 1 million followers, Elon Musk is a well-known fan who has interacted with the page on several occasions.

The project has a supply of just $2 billion, offering tokens at $0.0337, but investors will only be able to participate in the pre-sale until September 27th, after which WSM will be traded centrally on Level 1 listed.

WSM token home

Wall Street Memes is developed by a trusted team with long-term experience in the field, having previously released the Wall Street Bulls NFT series, which is only 30 minutes old in 2021 Sold out within a minute.

It also offers staking, and at the time of writing, approximately 340 million tokens have been added to the staking pool, with an estimated annualized return of 58%.

Banana GunPrice Prediction - Verdict

Banana Gun is a new crypto project and Telegram bot that allows users to snipe cryptocurrency pre-sales and Trading tokens.

The project had huge hype ahead of its launch, but a botched smart contract - apparently audited by two companies - saw BANANA tokens drain for three days before the liquidity pool was depleted. 99% of the value was lost within hours and a new token was released.

This botched launch greatly eroded investor confidence, although the token still performed quite well in its first week and is currently up 100% from launch.

We predict that the token may decline until the end of 2023, followed by strong growth in 2024 and 2025 - although the token’s current circulating supply is small, unlocked tokens may have an impact on prices.

In addition to this, the price of BANANA will depend on the popularity of the trading bot and the attractiveness of the revenue sharing and bonus tokens to holders.

New technology or more powerful AI tools also have the potential to render it obsolete.

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