What is Banana Gun?

Summary: Banana Gun is the most popular crypto trading bot on Telegram, facilitating sniping of new token launches and trading on Ethereum, Solana, Base, and Blast chains. It features advanced tools such as auto sniping, limit orders, copy trading, and strong scam protections.

With over 124,000 users and generating more than $3.8 million in monthly revenues, Banana Gun is one of the fastest-growing apps in DeFi.

What is the Banana Gun Bot?

Banana Gun is an advanced trading bot available on Telegram, designed for sniping new token launches and safely trading live tokens on Ethereum, Solana, Base, and Blast chains. It provides automated systems for tax calculations and first safe block detection, ensuring precise and efficient trades without requiring extensive programming knowledge.

The app offers features like limit orders, copy trading, MEV-resistant swaps, and anti-rug protections, with an 85% success rate in preventing scams and honeypots. Developed by experienced traders, it aims to enhance trading efficiency and security. A web app and additional functionalities are coming soon.

Banana Gun Bot

How Does Banana Gun Work?

Banana Gun leverages advanced algorithms, smart contracts and automated systems to empower investors in their crypto trading. Users interact with the bot via Telegram, setting up trades with ease. 

Here’s a breakdown of it works at a high level:

  • Auto Sniping: Detects and executes trades on new token launches, handling tax calculations and first safe block detection.
  • Limit Orders: Automates trades by setting conditions for buying or selling, including stop loss and trailing stop loss.
  • Copy Trading: Mirrors the trades of successful traders, allowing users to benefit from their expertise.
  • MEV-Resistant Swaps: Safeguards against sandwich attacks and frontrunning, ensuring better buy-in prices.
  • Anti-Rug Protection: Simulates trades to detect and prevent scams and honeypots, boasting an 85% success rate.
  • Dashboard Access: Lets token holders claim rewards and create custom referral links for additional earnings.

These features enable secure, efficient trading without requiring extensive technical knowledge.

How Does Banana Gun Work?

Banana Gun Growth and Revenue

Banana Gun has shown remarkable growth, establishing itself as a leading protocol by revenue. Over the past month, it has generated over $3.8 million in fees, with 40% of this revenue benefiting holders and delivering a 30% APY in ETH and SOL.

Currently, Banana Gun has a circulating market cap of $170 million, which is relatively low compared to other protocols in its revenue tier. With over 124,000 users, its market presence and financial performance indicate strong adoption and high user confidence.

Banana Gun Growth and Revenue

BANANA Tokenomics

The BANANA tokenomics are strategically designed to ensure the long-term success of the Banana Gun platform. Here's a detailed breakdown of the token distribution:

  • Investors: 2,220,000 BANANA (22.2%) - Distributed among presale investors with no specific conditions.
  • Liquidity: 170,000 BANANA (1.7%) - Locked for 2 years to maintain market stability.
  • Airdrop: 120,000 BANANA (1.2%) - Allocated to eligible bot users to promote the platform and reward early adopters.
  • Team: 1,000,000 BANANA (10%) - Half locked for 8 years with a three-year linear vesting and revenue share; the other half locked for 2 years with a three-year linear vesting without revenue share.
  • Burn: 100,000 BANANA (1%) - Permanently removed from circulation to control inflation and enhance token value.
  • Treasury (locked): 6,380,000 BANANA (63.8%) - Reserved for Banana Bonus emissions and operations, vesting monthly over 2 years with potential relocks.

With a total supply of 10 million tokens, the structured lock-ups and conditions are designed to encourage long-term holding and market stability. The absence of buy/sell and transfer taxes aims to enhance liquidity and trading activity.

Is Banana Gun Safe?

Banana Gun incorporates multiple safety features, including anti-rug and reorg protection systems with an 85% success rate. Built-in simulations protect against scams and honeypots, ensuring transactions only proceed if a successful sell simulation is achieved. MEV-resistant swaps further safeguard users from sandwich attacks and frontrunning.

Users must grant Banana Gun permissions to access their wallets, which carries inherent risks. While the platform implements advanced security measures, users should exercise caution and only grant access to trusted services to maintain asset security.

Bottom Line

Banana Gun is the premier crypto trading bot with advanced features like auto sniping, limit orders, copy trading, and strong scam protections. Its well-planned tokenomics and rapid market growth make the BANANA token an attractive investment, supported by substantial monthly revenues. 

While users should be cautious with wallet access, the platform's robust security measures offer peace of mind.