Scam Alert: Fake Banana Gun Airdrops Are Circulating

Key Points:

• According to the Banana Gun team, no airdrops are currently ongoing, and any presented to users are scams.
• The current price of BANANA is about $60.14, down nearly 11% in the past week.

Following the Binance listing, Banana Gun airdrop scams emerged. The token surged 26% to $72.6 but now trades at $60.14.

There Is No Banana Gun Airdrop!

Following the listing on Binance, Banana Gun, the ecosystem token for the Telegram-based trading assistant bot Banana Gun, gets swarmed with scams. The official statement from the Banana Gun team is that no airdrops are ongoing, and any airdrop presented to users is a scam.

The first project available on the Binance HODLer Airdrops Portal is Banana Gun. The token’s maximum supply is 10 million, and the current total supply is 8.9 million.

Out of the 8.9 million tokens, only 2.42 million are currently in circulation. Another 800,000 BANANA tokens have been allocated for the rewards from Binance HODLer Airdrops.

Readmore: Beware Sorta Finance Scam: $25M Heist And Counting

Significant Price Movement of BANANA Token

Following the Binance HODLer Airdrops Portal listing, BANANA’s price surged over 26% from $57.6 to $72.6 within 12 hours. As trading volume increased drastically, it shot up by 1,000% to almost $40 million on July 19th.

The highest price for BANANA was $78.62, recorded on July 20, 2024. The current price is 23.77% lower than this all-time high. Conversely, the lowest price paid for BANANA was $5.13, recorded on October 12, 2023. The current price is 1,068.40% higher than this all-time low.

As of this writing, BANANA is changing hands at about $60.14, down nearly 11% in the past week. Investors and users are warned to be on the lookout for scams and ensure they deal with credible information and platforms.