$BANANA Banana Gun Coin (BANANA) operates on a tokenomic model designed to incentivize participation and long-term value. Here's a breakdown of key aspects:
* Total Supply: 9 million BANANA tokens
* Circulation Supply: 2.42 million tokens
* Max Supply: 10 Millions
* Distribution:
*Presale: 20%
* Liquidity: 3% (locked for 2 years)
* Airdrop: 1.2%
* Team: 10% (vested over several years)
* Treasury: 65.8% (used for development and ecosystem growth)
* Market Cap: As of today, July 20, 2024, 174.1 M
* Utility: BANANA serves various purposes within the Banana Gun ecosystem:
* Governance: Participate in voting on platform decisions.
* Staking & Yield Farming: Earn rewards for holding and locking up BANANA tokens.
* Access to Features: Unlock exclusive features within the Banana Gun platform, such as their DEX and NFT marketplace.
Cryptocurrencies can be a fascinating investment opportunity, but they also come with inherent risks. Here are some common reasons why beginner investors lose money in crypto: * Lack of Knowledge: Cryptocurrencies and the underlying blockchain technology can be complex. Beginners who dive in without understanding the basics are more susceptible to making poor investment decisions. * FOMO (Fear of Missing Out): The rapid price fluctuations in crypto can trigger FOMO, leading beginners to rush into purchases without proper research or a trading plan. This can result in buying at inflated prices and selling at a loss when the market dips. * Scams: The unregulated nature of cryptocurrency attracts scammers. Beginners may fall victim to phishing attacks, fake exchanges, or fraudulent ICOs (Initial Coin Offerings). * Emotional Trading: Crypto markets can be volatile, and beginners might trade based on emotions like fear or greed. This can lead to selling investments in panic during a downturn or overpaying for hyped-up coins. * Unrealistic Expectations: Cryptocurrencies are known for their high price swings. Beginners expecting quick and easy riches are more likely to be disappointed and lose money. #MyFirstSquarePost #US_Job_Market_Slowdown #SOFR_Spike #BinanceTurns7 #BinanceTournament
Everbody is talking about the unfair airdrop allocation to the hamster kombat community yet no one is talking about the real reason behind this. first of all, out of total supply, only 60 percent was reserved for the airdrop. while a lofty 40% of the tokens were already allocated for the greedy and evil hamsters, that is the team and founders of the project. Now, this in itself is unprecedented, because , 40 percent tokens are almost fifty percent of the total.
Secondly hamster kombat was a tap to earn game based on achievement of the players, irrespective of thier social influence. From day one, they emphasized on this fact, and even restated and clarified that achievement and PPH will be the defining criteria for the airdrop.
Now after unfair and biased airdrop allocation points, it has become very clear that only one percent of total players who were influential and mostly youtubers, have been allocated 90 percent of the total airdrop, based on thier referrals, while thier achievement section and PPH looks almost nill or same as average but competent player, who was most engaged with the game.
Also important is the fact that the achievement section, which signifies the activity of the hamster kombat players, showed, were shown to be among top 5% to 10%, have been only allocated meager 20 or maximum 50 tokens. This fact alone is enough to embarass the hamster kombat teams claims and achievements of the project.
What now?? message, rage, discontent and disappointment should be expressed with all who facilitated this scam and unfairness with millions of people who invested thier time, energy and effort to perform the tasks all day and night.
$CATI out of 1000 million total supply, only 30% will be in circulation, that is 300 million. if only there is only 300 million total $ capital invested, 1 UsDt will be easy and stable value of the token, after initial fluctuations and swings. going with 1 or little less will ne rewarding in long and short-term.
$TON So, yeah, TON would be very enticing now to almost of you now. There will be panic among big investors until any authentic statement from the police comes out regarding the charges.
So, should you all go in? I would advise you to wait at least the price level reaches $4. or Remember, even $3 , It won't take long. Also, invest that you can only afford to lose.
$TON When TON was $1, I thought I should invest in it, but the market was bearish at that time. Later, it was valued over $9. I had missed out on this chance. Can I buy again at $1, please?
Originally, TON was conceived as the Telegram Open Network.
It was envisioned as a decentralized platform that would leverage Telegram's massive user base to bring blockchain technology to the masses.
The idea was to create a seamless integration between messaging and decentralized applications.
However, due to regulatory challenges, Telegram was forced to abandon its direct involvement in TON.
*The Current Relationship: Despite the separation, there's still a connection between TON and Telegram:
* Community Overlap: Many individuals involved in the development and community of TON are also associated with Telegram.
* Shared Vision: Both projects share a vision of creating a more open and decentralized internet.
* Potential Future Collaboration: While not confirmed, there's speculation about potential collaborations or integrations between TON and Telegram in the future.
It's important to note that TON is now an independent project managed by the TON Foundation, and it's not directly controlled by Telegram. $TON
Toncoin is the native cryptocurrency of the The Open Network (TON) blockchain platform.
It was originally conceived as the Telegram Open Network (TON) but underwent a rebranding following legal disputes.
Key Aspects of Toncoin
* Utility Token: Toncoin serves as the primary medium of exchange within the TON ecosystem. It's used to pay for transaction fees, smart contract execution, and other network activities.
* Staking: Users can stake their Toncoin to participate in network governance and earn rewards. This helps secure the blockchain and incentivizes network participation.
* Decentralized Applications (dApps): Toncoin is essential for the development and operation of dApps on the TON platform. Many dApps rely on Toncoin for their functionality.
* High Throughput: TON is designed for high transaction speeds and low fees, making Toncoin suitable for various use cases, including payments, microtransactions, and gaming.
* Scalability: The TON network aims to be highly scalable, which could potentially lead to increased demand for Toncoin as the network grows.
The legal battle between Ripple and the SEC was a significant event in the cryptocurrency industry.
Here's a summary of the key points:
* SEC's Allegations: The SEC filed a lawsuit against Ripple in December 2020, alleging that Ripple sold XRP, its digital token, as an unregistered security.
* Ripple's Defense: Ripple argued that XRP functioned as a currency and wasn't an investment contract, thus exempt from securities regulations.
* Landmark Ruling: In July 2023, the court issued a partial victory for Ripple. The judge ruled that XRP itself wasn't a security, but the SEC could pursue its case on whether Ripple's specific sales of XRP constituted unregistered securities offerings.
* Impact: The case is still ongoing, but the ruling provided some clarity for the crypto industry regarding how courts might classify digital assets. $XRP #Rippleđ°
You should exercise caution when investing in Banana Gun Coin due to its relatively low circulating supply of 2.42 million.
Here's why:
* Potential for Inflation: A large max supply means more BANANA tokens can be created in the future, potentially leading to inflation and a decrease in the value of each individual token.
* Limited Scarcity: Compared to cryptocurrencies with a capped supply, Banana Gun Coin has less scarcity, which can impact its long-term value proposition. $BANANA #BinanceHODLerBANANA #MyFirstSquarePost
Banana Gun (BANANA) is the native token of the Banana Gun crypto trading bot platform. Launched in early 2023, it has gained traction for its focus on on-chain traders. The platform offers various features like sniping new token launches and automated trading on the Ethereum network, with plans to expand to other blockchains in the future. Here are some key points about Banana Gun (BANANA) cryptocurrency: * Utility: Primarily used within the Banana Gun trading bot platform. * Recent Performance: The price of Banana Gun has been on the rise this week. * Market Cap: It has a relatively small market capitalization compared to other established cryptocurrencies. * Availability: You can trade Banana Gun on several centralized and decentralized cryptocurrency exchanges. * Initial reports suggested the contract had a bug, causing the token to lose almost 99% of its value. * Despite audits, this raised concerns about the project's legitimacy. * The team responded by launching Banana Gun V2, a new token airdropped to original investors. * Use Case: Banana Gun's primary use case is within the Banana Gun trading bot platform. Users might hold BANANA to access features or pay fees associated with the bot's functionalities. Binance actually did a recent airdrop for Banana Gun (BANANA)! Here's a breakdown:
* Type: HODLer Airdrop - This means users who held BNB (Binance Coin) in their Binance accounts and participated in certain "Simple Earn" products during a specific timeframe were eligible for the airdrop. * Eligibility Period: June 23, 2024, 00:00 UTC to July 5, 2024, 23:59 UTC. * Distribution: BANANA tokens were distributed to users' Spot Wallets one hour before trading began on Binance. * Listing Date: Banana Gun (BANANA) was listed on Binance on July 20, 2024, at 09:00 UTC.
Imagine a coin that fuels a massive cryptocurrency exchange, powers its own blockchain, and even lets you invest in hot new crypto projects. That's the story of BNB coin, a digital asset that's gone from humble beginnings to a major player in the crypto world.
In 2017, Binance, a fledgling crypto exchange, launched BNB to give users a discount on trading fees. It was a win-win: users saved money, and Binance gained traction. But BNB's ambitions grew bigger.In 2019, Binance unveiled its own blockchain, the Binance Smart Chain (now BNB Chain), and BNB became its native currency. This opened up a new world of possibilities, allowing users to build decentralized applications (dApps) and participate in a growing ecosystem.BNB's rise has been nothing short of meteoric. Its price has soared, and it's now one of the world's most valuable cryptocurrencies.
Launched at $0.10 during its ICO, BNB's price has soared, reaching an all-time high of $717.48 in June 2024. That's a nearly 7,200x return on investment! Even though it's currently down from its peak, BNB remains a major player in the crypto world
With its utility and strong backing, BNB's story is far from over.
MDX is the native token of the Mdex decentralized exchange (DEX).
It plays a crucial role in the Mdex ecosystem, serving various purposes like:
* Transaction fees: Users pay transaction fees on Mdex using MDX tokens.
* Liquidity mining: MDX holders can participate in liquidity mining programs to earn rewards.
* Governance: MDX token holders have voting rights on the Mdex platform, allowing them to participate in governance decisions.
The fall of MDX coin can be attributed to a combination of factors:
* Decreased DEX TVL: Mdex's total value locked (TVL), which represents the total value of cryptocurrency deposited in the DEX, has declined significantly since its peak. This decline in user activity and liquidity negatively impacted the demand for MDX tokens.
* Broader market downturn: The cryptocurrency market as a whole has experienced a bearish trend since late 2021, with many tokens witnessing significant price drops. This broader market condition also played a role in MDX's decline.
* Binance delisting: In July 2024, Binance, a major cryptocurrency exchange, delisted MDX, further impacting its price and liquidity.
Explore the latest crypto news
âĄïž Be a part of the latests discussions in crypto