Last Friday night, a Meme $Ban, based on the banana artwork auctioned by Sotheby’s, broke out from the crowd of AI themes, with a market value of nearly $20 million within 24 hours of going online. (Previous summary: The vice president of Sotheby’s personally issued $BAN! He was forced to burn the tokens, but used his internal wallet to make a profit of 1 million mg) (Background supplement: Bitcoin NFT was auctioned by Sotheby’s! Ordinals project BitcoinShrooms debuted Show Art Hall) The weekend Meme market is not lonely either. In the past two days, the topic that has been deeply concerned by on-chain players who have been deeply involved may not be various AI memes, but a piece of art re-auctioned by Sotheby's - the tape banana. On Friday night, a Meme $Ban, based on a banana artwork auctioned by Sotheby’s, broke out from the crowd of AI themes, with a market value of nearly $20 million within 24 hours of going online. Is this a whim of the cabal or a new hype target independently chosen by the market? We have compiled some information to help you quickly understand the journey of this magic banana. Abstract art reappeared in 2019. The tape + banana series created by Italian artist Cattelan was auctioned at Sotheby's. At that time, this banana named "Comedian" was sold for US$120,000. It sparked heated discussions on social media. At the beginning, this kind of abstract artistic behavior undoubtedly aroused ridicule from the society, with comments such as "people are stupid and have too much money" and "respect and blessing" as the main tone. Later, it evolved that everyone was happy to play with this banana as a trendy art meme. After all, it doesn’t cost much to just reproduce this artwork. A piece of tape + a banana can be worth $120,000. So happy, even the local dog leader Musk was playing with this banana joke at the time: Recently, Sotheby's once again announced the re-auction of one of the three "versions" of this work. The auction estimate this time is between 1 million and 1.5 million. Between 10,000 US dollars (it seems that the art market has also been inflated). The auction is very abstract, and the memes are also keeping up. Sotheby’s vice president is in charge? So how did this banana get to the Meme Market? According to the editor's first impression, around 11 o'clock on Friday night, a chain hunter reported that GMGN.AI showed that one of the front row positions of the banana concept currency $Ban on the Solana chain was Sotheby's Vice President Michael Bouhanna (@ michaelbouhanna), this position accounts for 3.78%. Earlier that day, the vice president personally tweeted to promote the banana, saying, "To me, this is the most important work of the 21st century." In addition, he had previously released his wallet address, which seemed more practical. This shows the rationality of the route of "The vice president of Sotheby's personally owns Meme." At that time, the market value of $Ban was around US$100,000. As soon as the news came out, $Ban immediately rose. Within an hour, the market value reached a maximum of nearly US$7 million, with the highest increase approaching 70 times. The deputy general manager continued to make wild moves, and the currency price started to go on a roller coaster. The crazy bananas went 70 times in one hour, which made the chain burst into laughter. However, after that, the vice president made a series of wild moves that made the currency price go up and down. Many players who got on the train early had There are not many chips left. When the currency price was high, deletion of tweets led to stampede and flight. In order to further prove the reliability of the story, some Twitter users asked Michael Bouhanna on Twitter whether the relevant address belonged to him. Perhaps out of a guilty conscience or not wanting to cause unnecessary impact, Michael Bouhanna deleted the tweet announcing his wallet address during the hottest stage of the hype. $Ban immediately began to plummet, with its market value falling from $7 million to about $400,000. When it goes up, not many people know about it, but when it goes down, the screen is full of $Ban banana jokes. Participated in the Binance Conference, officially changed the avatar, and the currency price is okay again? After some troubles, the market's enthusiasm for big banana speculation has gradually cooled down. The price performance of the currency overnight was mediocre, but it did not go directly to zero. During the day, the currency price once rose to its previous high, but it gradually fell back without favorable stimulation. Until around 8 p.m., Vice President Michael Bouhanna announced on Twitter that he would attend the Binance Conference as a senior Sotheby’s executive. At the same time, it was also discovered that Sotheby’s official account had changed its avatar to a picture with duct tape banana elements. This series of actions stimulated the price of $Ban to come back to life on Saturday night. Perhaps the dealers have absorbed enough chips with this move, or the market’s renewed confidence in tape bananas has further refined the consensus. This time the price of $Ban has risen again and continues to break through the previous high. At the time of writing, $Ban’s peak market cap has hit $25 million. The magic disk has appeared, and the banana concept is a big prize. Whether it is the market leaders or the careful manipulation of the bookmakers, the market value of 25 million means that the banana concept has been initially recognized by the market. In addition to faucets, there are also many imitation disks. What aspects of the banana concept are currently being speculated on? Shenzhen Chao made a small inventory based on market value rankings. Note: Meme token prices fluctuate violently and are highly risky. Investors should fully assess the risks and participate with caution. This article only transfers and shares information based on market hot spots. The author and the platform do not guarantee the completeness and accuracy of the content of the article. At the same time, this article does not provide any investment advice. Comedian ($Ban) – The protagonist of this article, the leading concept Contract address: 9PR7nCP9DpcUotnDPVLUBUZKu5WAYkwrCUx9wDnSpump 24H Transaction volume: 33 million US dollars Current market value: 21.6 million US dollars Maximum market value: 25 million US dollars Conceptual protagonist banana Comedian, token name $Ban. Comedian ($Pan) - "Tape + Pepe" concept, focusing on a suture contract address: 9JLsnxCqZju5ymLhMkTW6acnUxgrARqz5NAR7Acdpump 24H Transaction volume: 2.5 million US dollars Current market value: 400,000 US dollars Maximum market value: 880,000 US dollars As long as one target becomes popular, the suture monster will be late but arrive. When $Ban was rising on Saturday night, the plate that used the Pepe+ tape concept to soak up the heat was also directly filled up on the Pump. The angle was very strange, and the price performance seemed to have a slightly stronger flavor of the cabal. As of press time, prices have fallen sharply. ANANAB ($ANANAB) - roles reversed, tape wrapped contract address: HaqNyHMwCP1YGCYgjY7kJNVd6gv4mz1Y75A4xKVUpump 24H Transaction volume: $880,000 Current market cap: $110,000 Maximum market cap: $200,000 Contrary to the concept of a banana on the wall, it is wrapped in tape on the wall in the picture The one on top is the person, the observer is the banana. The picture should be from 2019 when the tape banana was first hyped, and was used to satirize those who hyped the banana. Banana D ($Comedian) - Banana "real name" concept Contract address: BpqXJMguKsS8azKaVy4tZ4Ysm2e2f2zygZKHx8VKGKBA 24H Transaction volume: US$1 million Current market value: US$90,000...