Banano

BAN Price

What is Banano about?

Banano is a cryptocurrency forked from NANO in April 2018. It offers instant, feeless transactions and is rich in potassium. The developers have maintained much of the original NANO code to ensure cross-chain compatibility while adjusting parameters like Proof of Work requirements and currency units. The current focus is on free and fair distribution, experimenting with new features such as a privacy layer (Camo Banano) and on-chain messaging (MonkeyTalks). The goal is to make cryptocurrency accessible to everyone using a fun and gamified approach to educate new users.

What makes Banano unique?

Banano stands out for its emphasis on ease of use and accessibility. It utilizes ready-to-strike infrastructure, including easy-to-use mobile wallets like Kalium and tipbots on major social media platforms, to onboard new users. The project aims to simplify entry into cryptocurrency with a fun attitude and gamification to engage users before educating them on responsible cryptocurrency management.

What's the history of Banano?

Banano was forked from NANO in April 2018. The developers, some of whom were involved in the original NANO project, maintained much of the original code to ensure compatibility while adjusting certain parameters. Since its inception, Banano has focused on creating a user-friendly experience and experimenting with new features to enhance functionality and appeal.

What's next for Banano?

Looking ahead, Banano plans to continue its free and fair distribution efforts. The project is exploring new features and technologies, such as privacy layers and on-chain messaging, to enhance its offerings. Additionally, there are considerations for conducting IRL airdrops to expand its reach and user base.

What can Banano be used for?

Banano can be used for instant, feeless transactions, making it a practical choice for everyday use. It also serves as a platform for experimenting with new features like privacy layers and on-chain messaging. Furthermore, Banano is used to educate new users about cryptocurrency through its gamified and accessible approach, aiming to lower the barrier to entry for those new to the crypto space.

Where can you buy Banano?

BAN tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Banano is PancakeSwap (v2), where the most active trading pair BAN/BUSD has a trading volume of $628.58 in the last 24 hours.

What is the daily trading volume of Banano (BAN)?

The trading volume of Banano (BAN) is $1,208.55 in the last 24 hours, representing a 64.10% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Banano (BAN)?

Banano (BAN) reached an all-time high of $0.05404 and an all-time low of $0.00004975. It’s now trading -99.00% below that peak and 954.10% above its lowest price.

What is the market cap of Banano (BAN)?

Market capitalization of Banano (BAN) is $848,494 and is ranked #3221 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BAN tokens (1.6 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Banano (BAN)?

The fully diluted valuation (FDV) of Banano (BAN) is $1,003,358. This is a statistical representation of the maximum market cap, assuming the maximum number of 1.9 Billion BAN tokens are in circulation today. Depending on how the emission schedule of BAN tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Banano compare against its peers?

With a price increase of 1.20% in the last 7 days, Banano (BAN) is underperforming the global cryptocurrency market which is up 1.30%, while outperforming when compared to similar Meme cryptocurrencies which are down -4.90%.