Following the alleged breach of the GUN (BANANA) cryptocurrency, a door 🚪 has opened that allows you to invest in a currency that only has 3.43 million coins in circulation and that, according to metrics and its behavior, is estimated to reach enormous figures by 2025. The most optimistic place it at over $2000, an outrage. If 50% of this increase occurs, whoever can buy 100 coins, which at this time are worth $3900, would see their investment multiply to $96900, close to one hundred thousand dollars. As always, I try to be more conservative and believe that Banana 🍌 GUN will close 2024 at over $120 and in the second quarter of 2025 it will easily reach $375. I won’t go into detail about how I came to this conclusion, but you can check out my estimates based on the “linearity of an asset” on a timeline, coupled with its narrative, capitalization, who is behind the project, among other variables.

$78 has been its very recent all-time high, so breaking $120 won't be difficult for it. Banana 🍌 GUN is one of those coins that quickly reaches high prices due to its limited number of circulating tokens and high capital, the two fundamental characteristics for it to become one of those few coins that have three and even four figures, like MAKER, whose price is well above $1,500. MKR has only 886 thousand coins in circulation, while, as I have already said, Banana 🍌 GUN has 3.43 million coins in circulation.

Many may not be familiar with the project. Banana Gun (BANANA) is a fairly new project in the cryptocurrency world, offering a Telegram bot that allows users to manually purchase and deposit tokens on Ethereum. With plans to expand to multiple chains and a unique tokenomics model, the project is attracting significant attention from traders. This use of bots is becoming more and more frequent and has apparently been responsible for the loss or leakage of a little over 350 Ethereum, which has caused a temporary drop in the price of the token. And I say temporary because we must remember that hackers work 24/7 trying to breach some exchanges or personal or institutional wallets in order to steal digital assets. Even governments like North Korea have an entire infrastructure dedicated to hacking Bitcoin and altcoins. History has taught us that after a security breach in a project, a fall follows and it quickly recovers, so this is the door 🚪 that allows you to enter Banana 🍌 Gun at a low price in the middle of a bullish market 💹.

I say goodbye hoping that my article will be useful to you in making money. Everyone knows that investments are the responsibility of each investor. I am not afraid to express my ideas and opinions, and if they serve to help small investors to make some extra money, believe me, it makes me super happy. A hug from my personal space,

Jorge Ferrer

Bachelor of Business Administration