Binance Lists BANANA! Buy, hold or sell?

You may have seen this news from Binance:

With the upcoming Binance listing of the Banana Gun token ($BANANA

) just a day away, I'm feeling pretty conflicted. On the one hand, the token has seen a massive surge since the announcement, which is exciting. But on the other hand, I can't help but wonder what will happen once I get to the exchange.

To be clear, BANANA already exists on the Ethereum blockchain as an ERC20 token. So you can now buy and sell it, but for that you need to pay Ethereum gas fees, so the whales are playing with it right now, just before its listing on Binance...

Binance mentions the possibility of "huge price fluctuations" due to the increased circulation of airdrop rewards. And looking at the numbers, I'm leaning more towards a dump. While the total supply of tokens is 8.9 million BANANA, the maximum supply is 10 million. With 36% of the total supply circulating at the time of listing, there is still plenty of room for supply to increase, which could put downward pressure on the price.

Of course, the airdrop itself is interesting. It seems like a pretty unique way to reward BNB holders and could certainly incentivize more people to own BNB in ​​the long term. But will this translate into sustained demand for BANANA?