For the first time, BINANCE HOLDer chooses a BOT token that has been in operation for a long time - Banana Gun.
1️⃣ What is Banana Gun?
Banana Gun is a trading bot on Telegram that allows for quick purchases of newly launched tokens.
Banana Gun's advantage over other trading bots is that it specializes in open sniping, allowing users to snip upcoming tokens or trade already released tokens.
I like the project partly because Banana Gun's ecosystem and economic model are built and designed quite reasonably, partly when sniping through Banana you can also share additional tokens #BananaGun
Banana Gun has an important vision, which is to use its economic model to create a sustainable ecosystem. In this ecosystem, bot users become #BANANA holders, and also become bot users, forming a positive loop. This design aims to create value for token holders over time, making Banana Gun a long-term project.
2️⃣ Predict profits and should you sell immediately after receiving the airdrop?
According to the announcement, the total amount of airdrop this time is 800,000 $BANANA, at current price nearly $54M USD. We assume there are 15-20M $BNB participating like previous pools, each BNB holder will receive about 2.7-3.6 USD 😂
After Binance announced the news yesterday, $BANANA increased by more than 20% in a short time, currently remaining at 20%. Receiving Binance's favor is a good thing for Banana Gun, it can significantly increase brand awareness and the number of users, benefiting price and long-term development, this cannot be denied. receive.
However, BANANA is a circulating token, the airdrop reward of HODLers will quickly increase the circulating supply in the secondary market, whales who do not understand the project well may take profits, leading to large fluctuations in price later. when Binance listed.
This is a project with both opportunities and risks, so my strategy after receiving it is to sell half and keep the other half. If a strong sell-off occurs, we will consider buying back the sold portion.
