After receiving support from the largest crypto exchange platform by volume, a trading bot altcoin is experiencing a surge in price.
Binance recently announced that it has added support for Banana Gun (BANANA), a trading bot platform that operates on various blockchains such as Solana (SOL), Ethereum (ETH), and layer-2 protocols Base and Blast (BLAST).
With a seed tag attached to BANANA, Binance indicates that this token carries higher volatility and risks compared to other cryptocurrencies on its platform.
In a first for the Binance Airdrop Portal, Banana Gun will be the initial project listed, rewarding BNB holders with airdrops based on token holdings snapshots.
While acknowledging the potential price volatility from token airdrops, Binance notes that BANANA’s price surged by over 44% within 24 hours of the announcement, reaching an all-time high of $78.62 before retracing to $65.01.
According to the project’s website, Banana Gun is currently accessible on Telegram with plans for its own web application in the near future.
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