A buying and selling bot altcoin is rallying after abruptly gaining assist from the world’s largest crypto trade platform by quantity.
In a brand new announcement, Binance says that it added assist for Banana Gun (BANANA), a buying and selling bot platform that operates throughout a number of blockchains, together with Solana (SOL), Ethereum (ETH) in addition to layer-2 protocols Base and Blast (BLAST).
Binance says it connected a seed tag to BANANA, which signifies that the token has increased volatility and dangers than different crypto property listed on its platform.
The crypto trade additionally notes that Banana Gun would be the first challenge ever listed on the Binance Airdrop Portal, a brand new program that rewards holders of BNB with airdrops primarily based on snapshots of their token holdings.
Binance goes on to concern a warning, saying that token airdrops might trigger worth volatility in BANANA as they might improve its provide in circulation.
The value of BANANA skyrocketed inside 24 hours after Binance’s announcement. The altcoin surged from $54.44 to an all-time excessive of $78.62 – an over 44% improve.
BANANA has since retraced and is buying and selling for $65.01 at time of writing.
In keeping with the challenge’s official web site, Banana Gun is presently accessible to be used on Telegram however will quickly have its personal internet software.
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