Banana Gun (BANANA) Rallies After Abruptly Gaining Support from Binance, the World\'s Largest Crypto Exchange Platform by Volume

In a new announcement, Binance says that it added support for Banana Gun (BANANA), a trading bot platform that operates across multiple blockchains

Binance Adds Seed Tag to Trading Bot Altcoin BANANA, Announces First Airdrop Project

Binance recently announced the addition of Banana Gun (BANANA) to its platform, making it the first project to be listed on the Binance Airdrop Portal.

Binance Adds Seed Tag to BANANA, Announces First Airdrop Project

A major crypto exchange is rallying after revealing support from the world’s largest crypto exchange platform by volume.

In a new announcement, Binance says that it has added support for Banana Gun (BANANA), a trading bot platform that operates across multiple blockchains, including Solana (SOL), Ethereum (ETH) as well as layer-2 protocols Base and Blast (BLAST).

Binance says it attached a seed tag to BANANA, which indicates that the token has higher volatility and risks than other crypto assets listed on its platform.

The crypto exchange also notes that Banana Gun will be the first project ever listed on the Binance Airdrop Portal, a new program that rewards holders of BNB with airdrops based on snapshots of their token holdings.

Binance goes on to issue a warning, saying that token airdrops could cause price volatility in BANANA as they would increase its supply in circulation.

BANANA Price Surges over 44% after Binance Announcement

The price of BANANA skyrocketed within 24 hours after Binance’s announcement. The altcoin surged from $54.44 to an all-time high of $78.62 – an over 44% increase.

BANANA has since retraced and is trading for $65.01 at the time of writing.

According to the project’s official website, Banana Gun is currently available for use on Telegram but will soon have its own web application.

The above is the detailed content of Banana Gun (BANANA) Rallies After Abruptly Gaining Support from Binance, the World\'s Largest Crypto Exchange Platform by Volume. For more information, please follow other related articles on the PHP Chinese website!