The recovery in the cryptocurrency market has also impacted altcoins. After the Bitcoin ATH seen in March, BTC had declined and exhibited volatile price movements. Following this, the price had fallen below $60,000. In the past weeks, a recovery began. Especially after the failed assassination attempt on Donald Trump, the price rise accelerated. Today, BTC is trading at $67,500 after a 7% increase in the last 7 days. This situation also supported the rise of altcoins. One of the highlights of this process was Banana Gun (BANANA), which was recently mentioned in Binance exchange developments.
Binance Lists Banana Gun
After a year-long journey, Banana Gun continues to make significant moves with the announcement of its listing by Binance.
Binance followed an important roadmap and announced that it would distribute BANANA tokens to users who staked BNB in Simple Earn products between June 23 and July 5. This reflected that another significant airdrop would meet users.
Banana Gun shared this situation on its X (formerly known as Twitter) account, drawing attention:
Tomorrow, $BANANA will be listed on Binance. $BANANA is listing on @Binance! Binance HODLer Airdrop participants can earn $BANANA by staking $BNB on Binance. $BANANA will then be listed on 2024-07-20 at 09:00 (UTC) with BTC, USDT, BNB, FDUSD, and TRY pairs.
This event occurred about 3 days ago, and the Binance listing took place. Following the listing, incredible price movements emerged specifically for BANANA.
What Is the Price of BANANA?
BANANA experienced a notable price increase following the Binance listing. As of today, after a 1.41% decrease in the last 24 hours, it is trading at $63.98. Considering that trading started around the $40 region during the Binance listing, it can still be considered to have a high price.
According to data provided by Coinmarketcap, BANANA’s market volume increased by 31.54% in the last 24 hours. Currently, BANANA’s market volume is over $200 million. The altcoin’s 24-hour trading volume also exceeded $213 million after a 45.79% increase. Looking at the 7-day price movement, the altcoin experienced a 17.13% price increase.
