What is Banana Gun? Information about BANANA Token

Table of Contents

What is Banana Gun?

Banana Gun (BANANA) is a Telegram bot designed to help users safely participate in the TGE (Token Generation Events) of new projects, avoiding potential scams. Aiming to become the primary tool for token hunting and manual trading on the Ethereum network, Banana Gun also has the potential to expand to other blockchains in the future.

On July 18, 2024, Binance announced the listing of Banana Gun under the Seed Tag.

Features of Banana Gun

AUTO SNIPING: Sniping becomes easier. Simply provide the contract address and investment details, and the automated system handles the rest, including tax calculations, maxTx, methodID, and first safe block detection. You don’t need extensive knowledge of Solidity to successfully snipe.
LIMIT ORDERS: Automate your trading with ease. Seamlessly set take profit levels, stop loss, or trailing stop loss levels. Automatically buy dips at the desired market cap/price with high precision.
COPYTRADE: Let others do the heavy lifting. Copytrade a profitable trader or multiple traders simultaneously, while enjoying the same safety features as when trading with Banana Gun.
FAST & SECURE SWAPS: All swaps are MEV-resistant, preventing sandwich attacks or frontruns. Combined with fast execution, secure swaps ensure better buy-in prices for you.
ANTI RUG & REORG PROTECTION: The best anti-rug system ensures safer trading with an 85% success rate, providing maximum security. Reorg protection is in place in case of a block fork.
SCAM & HONEYPOT PROTECTION: Market-leading built-in simulations ensure protection against scam tokens from the start. If Banana Simulator cannot simulate a successful sell, your transaction will not go through. All seamlessly handled by the bot.

Highlights of Banana Gun

Banana Gun addresses several critical issues in the decentralized trading space:

Helps users avoid rug pulls by automatically selling tokens when abnormal signs are detected from the developer.
The Transfer on Blacklist feature protects users from being blacklisted by transferring tokens to a safe wallet.
Degen Mode allows users to participate in internal trades without being restricted by safe tax settings, though this feature should be used with caution.

The standout aspect of the Banana Gun project is its ability to create a sustainable ecosystem where bot users become token holders and vice versa. This creates a positive feedback loop, driving growth and stable revenue. By providing safe and efficient features, Banana Gun not only helps users maximize profits but also protects them from common risks in decentralized trading.

Team

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Investors

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What is BANANA Token?

After understanding what Banana Gun is, let’s explore the project’s token – BANANA.

Basic Information about BANANA Token

Token Name: BANANA
Ticker: BANANA
Blockchain: Ethereum
Token Standard: ERC-20
Contract: 0x38e68a37e401f7271568cecaac63c6b1e19130b4
Total Supply: 8,900,000 BANANA
Max Supply: 10,000,000 BANANA
Circulating Supply: 2,420,000 BANANA (27% of total supply)

BANANA Token Allocation

Holders: 22%
Liquidity: 1.7%
Airdrop: 1.2%
Team: 10%
Burn: 1%
Treasury: 63.8%

Use Cases of BANANA Token

The revenue-sharing model of Banana Gun rewards token holders through bot revenue and tax revenue:

40% of bot revenue is distributed to unlocked token holders
50% of tax revenue is allocated to the revenue-sharing pool, ensuring fair rewards for loyalty.

Where to Trade BANANA Token?

BANANA Token is currently traded on major exchanges such as Binance, Bitget, BingX, …

Roadmap

In the near future, Banana Gun will integrate with DEXTOOLS, develop copytrade features, and launch a public web dapp.

Similar Projects

A similar project to Banana is Unibot.

Project Information Channels

https://bananagun.io/
https://x.com/BananaGunBot

Conclusion

Through this article, AZCNews introduces readers to information about Banana Gun and BANANA Token. If you have any questions, leave them in the comments section to be answered promptly!