đ„ !!..Attention..!! Meaningful insights on $BANANA you must read carefully. #banana
If you are a liquid fund or investor in crypto what are the reasons for not having $BANANA in your portfolio?
It ticks all of my boxes, liquid, strong fundamentals, defendable moat, massive growth opportunities and a fantastic team. Lets dive in:
Very Liquid
Now that Banana is listed on Binance its been doing $100-200M in daily volume. For only being $200M circulating market cap this is incredibly liquid.
Strong Fundamentals + Moat
Annualizing YTD metrics Banana is on track to do $7.8B in volume and $60M in revenue, 40% of which is sent back to Banana holders and the remaining 60% is sent to a treasury + used to cover operational and expansion costs.
These earnings are organic and defendable:
- Banana has had a consistent 35-60% market share on for all trading bots on ETH over the past 6 months given its strong moat of being the #1 sniper. Banana wins 88% of first bundles (top of block) so in order to snipe new launches you must be using Banana.
- Banana has no "special" ref links like other bots/platforms it only has a blanket ref link which gives the referrer 10% of fees (no backroom deals to help pump headline metrics). It also is not teasing any airdrop so these revenues and volume are strictly based on organic usage.
Good Supply Side Dynamics
Circulating: 3.2M coins
Team: 1M coins (starts unlocking Oct 2025, vests over 11 years!)
Treasury: 4.5M coins (already have burned 10% of the supply, continue to burn coins from treasury if they can not be used in a +EV way)
So $200M circulating market cap, with no unlocks for >1 year - no VCs with a low cost base to sell.
Given the teams commitment to burning tokens (already burned 1.1M so far as they've unlocked from the treasury) I think a reasonable end FDV is 6M coins (so ~$370M FDV at current prices). #BinanceHODLerBANANA #BinanceTurns7 #binanceairdrop
Continuing in screenshots because of word limitsâŠ
Credit to @FloodCapital (Twitter)
