{"id":59393,"date":"2023-09-15T14:16:15","date_gmt":"2023-09-15T18:16:15","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=59393"},"modified":"2023-09-15T14:26:28","modified_gmt":"2023-09-15T18:26:28","slug":"telegram-bot-banana-gun-relaunches-on-uniswap-v2","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/telegram-bot-banana-gun-relaunches-on-uniswap-v2\/","title":{"rendered":"Telegram Bot Banana Gun Relaunches on Uniswap v2"},"content":{"rendered":"\n

The creators of the Telegram bot Banana Gun relaunched their token on the decentralized exchange<\/a> (DEX) Uniswap on September 14.<\/p>\n\n\n\n

\"Telegram
Telegram Bot Banana Gun Relaunches on Uniswap v2<\/figcaption><\/figure>\n\n\n\n

The team also revealed on X that an airdrop will be offered in conjunction with the BANANA relaunch as compensation for holders after a bug caused prices to drop by 99%.<\/p>\n\n\n\n

\n

RELAUNCH OF $BANANA\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>

Tonight we will relaunch $BANANA\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> on Uniswap v2 and finalize the $BANANA\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> airdrop for holders.

Relaunch time:
20:00 UTC

Launch price: $6.20
Launch market cap: $14.8m
Launch FDV: $62m
Liquidity: $2.1m (170k tokens + ~650 eth depending on eth price)

Because\u2026<\/p>— Banana Gun \ud83c\udf4c\ud83d\udd2b (@bananagun) September 14, 2023<\/use><\/svg><\/span><\/a><\/blockquote>

With a market valuation of $14.8 million and $2.1 million in liquidity locked on Uniswap v2<\/use><\/svg><\/span><\/a> for two years, the relaunched on Uniswap will see prices open at $6.2.<\/p>\n\n\n\n

The new circulating supply of 2.39 million is divided into 2.22 million for holders. The team will keep 1.1% of the supplies in reserve to cover any unpaid airdrops. <\/p>\n\n\n\n

Naturally, these tokens would not be kept, so if they don't need to be distributed for corrective airdrops, the supply would be burned instead, which would lower the FDV.<\/p>\n\n\n\n

Team Banana Gun on X<\/h2>\n\n\n\n

The relaunch on September 14 at 20:00 UTC resulted from the Banana Gun team's efforts to fix smart contract flaws in the previous edition. Despite two audits, the team was compelled to empty BANANA's liquidity pool and sell its treasury wallet, which sent the price tumbling.<\/p>\n\n\n\n

BANANA holders were able to sell without paying taxes thanks to a flaw in the smart contract<\/a>. A user found the flaw on X, which led to questions about the team's vigilance and allegations that they intended to defraud users.<\/p>\n","protected":false},"excerpt":{"rendered":"

The creators of the Telegram bot Banana Gun relaunched their token on the decentralized exchange (DEX) Uniswap on September 14. The team also revealed on X that an airdrop will be offered in conjunction with the BANANA relaunch as compensation for holders after a bug caused prices to drop by 99%. With a market valuation […]<\/p>\n","protected":false},"author":43,"featured_media":59395,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[16443,11865,16444],"class_list":["post-59393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-banana-gun","tag-telegram-2","tag-uniswap-v2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/croc_1694799089578.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/59393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=59393"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/59393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/59395"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=59393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=59393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=59393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}