$BANANAS31 current dumping.

1– After hitting an all-time high of ~$0.0577 on July 11, huge profit-taking kicked in, triggering a sharp retrace .

2. Bearish sentiment – Technical indicators turned negative, and analysts flagged a “short-term pullback” with further downside risk .

3. Massive volatility – With 7-day range between $0.0066–0.0161, the token is extremely volatile—making it prone to large swings .

⚠️ What this means

With a current market cap of ~$67M and huge liquidity, this isn't a pump‑and‑dump alt, but it's still wire‑tight for a memecoin .

Trade volume remains high (~$70M daily), showing active trading even amid the drop .

✅ Bottom line

BANANAS31 has crashed ~60% from its July 11 peak. This sharp correction is typical after a rapid rally, amplified by trader profit-taking and bearish technicals. If you're still holding, brace for continued volatility or use this dip as an entry—depending on your risk tolerance$BANANAS31