Binance will distribute 800,000 BANANA tokens as an airdrop.
However, BANANA is already listed on many exchanges and has been circulating for a long time.
In its announcement, Binance warned that the tokens from the airdrop would rapidly increase the number of tokens in circulation, potentially causing significant price fluctuations.
The token has a maximum supply of 10 million, with a current total supply of 8.9 million. The current circulating supply is 2,420,000 tokens, which will increase to 3,220,000 tokens following the airdrop.
#Binance #BANANA #BNB #Bitcoin #DOGE
*this post is only for information it is not and investment advice*