Over the weekend, Banana Gun saw a price surge based on the integration news. However, after this initial spike, the price of BANANA started to gradually decline.
On August 17, the Banana Gun project’s native token surged from around $50 to nearly $62 during the day, following news of a partnership with Birdeye, the Solana on-chain data aggregator.
As of today, August 19, the Banana Gun (BANANA) cryptocurrency is trading at around $50, reflecting a 6% decline over the past 24 hours. What is the short-term and long-term BANANA price prediction?
What is Banana Gun?
Banana Gun is a Telegram-based bot suite for trading on Ethereum (and the Ethereum layer 2 chains Base and Blast) and Solana. The tool allows you to participate in new token launches before they are officially released and helps you buy tokens that are already available on the market.
BANANA is the native token of Banana Gun and is used to unlock additional bot features through burning, voting on proposals, accessing an exclusive holder chat, and earning profits from the trading bot.
What is driving the growth of Banana Gun? Let’s take a look at the latest news about the token.
Banana Gun Cryptocurrency News
On August 14, Banana Gun on X announced its new integration with Birdeye, a popular Solana data aggregator and charting tool. This partnership simplifies the process for users to identify Banana transactions on the Birdeye platform. This likely contributed to Banana Gun’s recent price surge on August 17.
Furthermore, on August 13, the project was launched. Reported It burned 2% of the total BANANA tokens, which is worth about $8.6 million.
According to Onchain analyst Ember, on August 17, a total of 75,000 BANANA coins were sold. Move From Banana Gun Treasury to Galaxy Digital, with 25,000 of those coins later transferred to Binance.
What’s next for BANANA cryptocurrency?
BANANA Price Prediction: Short-Term View
According to the Banana Gun cryptocurrency price prediction from CoinCodex, the price of BANANA It is expected The stock price is expected to rise by 224.55% and could reach a new all-time high of $164.8 by September 18, 2024.
As of August 19, 2024, the overall sentiment for BANANA price forecast remains bullish, with 21 technical analysis indicators showing bullish signals and 2 indicating bearish trends.
Banana Gun Price Prediction 2024
DigitalCoinPrice, based on the insights of investors and market experts, Expected The BANANA token price is expected to surpass its all-time high of $78.7 and stabilize between $102.97 and $107.92 by the end of the year.
According to CoinCodex’s Banana Gun price prediction, it is expected to trade between $50.78 and $237.04 this year. If it reaches the upper end of this range, BANANA could see a 380.05% increase.
Portfolio Investor Suggests By the end of 2024, the price of BANANA token could reach a maximum of $81,452.
Banana Jan Price Prediction 2025
According to DigitalCoinPrice’s Banana Gun price prediction for 2025, the price of BANANA could fluctuate between $105.94 and $128.46, with the value likely to stabilize around $125.45 by the end of the year.
CoinCodex’s 2025 predictions are in line with their 2024 predictions.
Wallet Investor predicts that by the end of 2025, BANANA could be trading at $138,219.
Banana Gain Price Prediction 2030
DigitalCoinPrice forecast and technical analysis predict that the price of BANANA could reach a significant high of $333.44 or even $362.35 by the end of 2030. The period from 2024 to 2030 is expected to be crucial for the growth of Banana Gun.
According to CoinCodex’s BANANA price prediction for 2030, the token price could range between $124.83 and $202.4.
Is Banana Gun Token a Good Investment?
Before investing your money in anything, think about how much risk you can afford to take and what you want to achieve financially. This way, you can make choices that fit your investment goals.
Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only.