Binance has introduced the Banana Gun (BANANA) token as the inaugural project on its Binance Airdrops Portal. This token fuels the Banana Gun bot, offering trading tools for on-chain tokens. The initiative seeks to expand trading opportunities for Binance users and involve BNB token holders. Starting from June 23, 2024, Binance customers who staked their BNB tokens in Simple Earn products were eligible for the BANANA token airdrop until July 5, 2024. Additionally, Binance plans to list BANANA on July 20, 2024, with various trading pairs available. The HODLer Airdrops program by Binance plays a significant role in this venture, rewarding BNB holders with token airdrops based on historical balances. Despite facing controversies in the past, the BANANA token has surged in value, attracting attention from crypto traders. It is currently trading at $72.85, with a market cap of $174.8 million, marking a substantial increase since the beginning of the year. Read more AI-generated news on: https://app.chaingpt.org/news