BANANA Market is positioned as an Asset Distribution layer in the Bitcoin ecosystem, representing the first community-driven asset launchpad on the most enduring Blockchain infrastructure, focusing on establishing a market for the issuance and trading of BTC-themed assets. Ultimately Banana will offer users a cheaper and faster trading experience through deployments on Layer 2 networks, which is the best way to absorb the enlarging yet abundant amount of assets being added to the Bitcoin network.
Banana token, denoted as $BNAN, is a BTC native asset following BRC20 standard. As the first stage of Project Banana dictates, the project begins with distribution of its utility token, based on which a community will be established.
What is the highest value Banana Market (Ordinals) (BNAN) has ever reached?
Banana Market (Ordinals) (BNAN) reached its peak price at 0.1371 $ on 10 January 2024, approximately 2 years ago ago. Presently, the current price is -70.19% lower than this all-time high.
What is the historical minimum price for Banana Market (Ordinals) (BNAN)?
The minimum price reached for Banana Market (Ordinals) (BNAN) was 0.04068 $, documented on 30 June 2024, more than a year ago. In comparison, the current price is 0.46%, it above this historical low.
What is the fully diluted valuation of Banana Market (Ordinals) (BNAN)?
The fully diluted valuation (FDV) of Banana Market (Ordinals) (BNAN) stands at $ 8,58 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 210,000,000 BNAN tokens. The realization of this FDV might take several years depending on the emission schedule of BNAN tokens.