The story of $BAN on the Solana chain has taken a sharp twist. It turns out, $BAN has positioned itself as a predator. Initially, an OG community called $BTW (Banana Tape Wall) worked tirelessly for nearly four months to build something meaningful. However, after a failed acquisition attempt led by the VP of Soberty, he decided to launch $BAN on his own—revealing a self-serving agenda.
$BTW, with a thriving community of 8,000 members and a market cap exceeding $3 million, now faces the fallout from this drama. The damage caused by such schemes to the Web3 space is massive. Nearly 90% of participants are now focused solely on chasing profits, neglecting the core principles of building and innovation. This exploitative approach undermines the ethos of Web3, which is deeply disheartening.
I’m standing with $BTW this time because I refuse to see traditional Web2 tactics being used to exploit Web3 communities. Binance has always championed community efforts, and I believe fairness and justice will ultimately prevail!$BANANA