Banana Coin price

$BANANA

Only two members of Banana Coin have doxxed — the founder and co-founder. Banana Coin is founded by American real estate investor and serial entrepreneur Chung Ong, who is also a licensed FL Business Broker. Chung made his foray into the business world at the age of 19 and has since been in charge of more than 200 people across his businesses, which include F&B and retail companies. \ \ Co-founding Banana Coin with Chung is YoYo, a former teacher in China who says she has experienced much inequality in the education sphere.

The remaining members of the Banana Coin team have chosen to remain anonymous and have stated that they are waiting for liquidity to grow before they dox themselves. These anonymous members have said on the coin’s website that they are committed to the coin for the long run.

Like other charity coins, Banana Coin gives its investors a stake in participating in socioeconomic and political change. What makes Banana Coin stand out is that it gives holders a high reward for their support to charities, with a redistribution rate of 5% that is automatic for every transaction made.

Banana Coin is said to be rug-proof as the founders have renounced the contract, locking in the code on which the coin runs and thus creating an arena for equal opportunities for all. \ \ The coin is also unique in the high amount of tax it channels back to the liquidity pool, which will stabilise prices as the coin’s trading volume rises.

BANANA has a total supply of a quadrillion coins.

For all transactions, 50% of the supply will be burned. Each transaction is taxed at 15%, with the breakdown divided into three equal segments for the following: 5% to the charity wallet for donations and projects, 5% redistribution to holders and 5% to the liquidity pool.

BANANA has an auto-lock function which utilises a multi-signature wallet where all donations must be verified by at least five of BANANA’s founders before gaining access to distribute the tax from each transaction of the fund. \ \ BANANA’s code has been audited by Techrate and Dessertswap.

Can Banana Coin (BANANA) Coin Hit $0.0001?

Banana Coin’s price is relatively stable between $0.000000002 and $0.000000003 after launching in June 2021. To reach $0.0001 would imply an over 30,000-50,000 times price increase from the current average. While this is not entirely extraordinary in the crypto space, it would greatly depend on the project team reaching its objectives and the community backing it.

BANANA cannot be bought directly for fiat money, but coins can be obtained by buying Binance Coin (BNB), or other cryptocurrencies, on any of the fiat currency exchangers for cryptocurrency, and then transferring it to the exchange where the BANANA token is present. BANANA is currently listed on PancakeSwap (V2).

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