Banana Gun (BANANA) is a cryptocurrency and a trading tool available on Telegram. It helps users trade and snipe tokens on the Ethereum network. Trading allows you to buy already live tokens, while sniping lets you get tokens from upcoming launches before others do. Banana Gun plans to support more blockchain networks in the future.
The BANANA token is the native currency of Banana Gun. It enables holders to earn rewards from the bot’s revenue through the Banana Gun decentralized application (dApp). The token is also used for various platform activities and governance.
Banana Gun employs several security measures, including multisig cold wallets and an approval-based withdrawal process, to protect users' assets. Despite these precautions, it has faced security vulnerabilities, so it's crucial to stay informed and cautious.
