I summarize the notable new points about coin BANANAS31 (Banana For Scale) currently:
⸻
📈 1. Price just peaked and then sharply corrected
• Last week, the price of BANANAS31 rose about 240% in 30 days, reaching a new peak of around $0.021–0.024 and at one point dropped to the current price near $0.008 .
• After the surge, the price dropped quickly: according to Traders Union, this week it has fallen by 46%, losing nearly all of what it had gained .
⸻
💧 2. Liquidity soared and then contracted
• The trading volume increased from ~$25 million to about $177 million at its peak ().
• Currently, volume/day is still high, around $67–86 million, but has decreased compared to the highest level .
⸻
🧭 3. Community & project
• BANANAS31 is a meme-coin on the BNB Smart Chain, created in November 2024. Inspired by the meme “banana for scale”, it also has a sticker on SpaceX's Starship S31, making it even more viral .
• Tokenomics: total supply of 10 billion, fully circulating; the development team anonymously renounced ownership early, then handed over the majority to the community and established a DAO ().
• The roadmap is expected to develop the “Banana Agent Protocol” (AI on-chain protocol) and “Bananalyst” (AI market analysis bot), using the BANANAS31 token to pay fees .
⸻
⚠️ 4. Significant risks still exist
• Despite trending strongly, BANANAS31 is warned by experts: anonymous team, lack of real products, excessive volatility → high risk for short-term traders .
• This is still a hype-based token; if the momentum weakens, the price may continue to sharply correct.