The token launch for @BananaGunBot $BANANA was BANANAS!
Is Banana Gun still poised to overtake @TeamUnibot as the number 1 trading bot?
Let's find out.
๐งต๐ฝ
Volume
Banana managed to process a respectable amount of volume yesterday, amounting to $5.6+m.
They also collected over 22 ETH in fees. ๐ฅ
Users
๐ฅ Yesterday was bustling for Banana, where they had an influx of over 2500 users.
๐ณ This is just short of their ATH by about 38 users.
Bot Overload
However, the bot was not prepared for the heavy traffic as addressed below.
Personally, I tried to use it yesterday to manual buy banana, it still worked but was much laggier than usual for sure.
Price
$BANANA reached an ATH of $8.60 at around 20+m market cap before the dev announced a redeployment of the token.
Gas prices shot up to hundreds of Gwei yesterday as everyone was trying to get a position in Banana.
Banana's token launch went wrong yesterday as sell taxes were not working as they are supposed to.
The team has taken a snapshot to ensure that $BANANA holders will be reimbursed.
Even traders of the token will be fully refunded.
Conclusion
Banana's relaunch should be an interesting play.
With the current FUD now, it's possible for them to launch at a lower market cap and perhaps allow a better entry. ๐ค
Do you still think Banana will dethrone Unibot? Comment down below!
Tagging chads to see what they think about Banana!
Follow them too!
@LouisCooper_
@RealDegenGMX
@0xFlips
@CryptoGideon_
@rektdiomedes
@crypto_linn
@Flip_Research
@Cryptoalpharian
@CryptoShiro_
@18decimals
@0xWeedie
@Crypt0_Andrew
@kevinle_bw
@FungiAlpha
@0xTindorr
More chads to check out Banana, drop them a follow too!
@CryptoBlooom
@Nicknick2109
@defi_antcrypto
@arndxt_xo
@Flowslikeosmo
@0xShinChannn
@crypto_popseye
@_FabianHD
@monosarin
@thedailydegenhq
@Flowslikeosmo
@CryptoYusaku
@CryptoNikyous
@Defi0xJeff
@KODOTHH
