DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Cryptonews

Banana Gun’s Token Plummets Over 99% Within Hours Due to Contract Bug – Here’s What Happened

Telegram bot Banana Gun's native token, BANANA is the latest victim of a crypto exploit due to a “bug” in their contract. The highly anticipated token fell to a disastrous low within three hours of its launch as the inci...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Banana Gun’s Token Plummets Over 99% Within Hours Due to Contract Bug – Here’s What Happened
Telegram bot Banana Gun's native token, BANANA is the latest victim of a crypto exploit due to a “bug” in their contract. 
The highly anticipated token fell to a disastrous low within three hours of its launch as the incident led to a sharp drop in prices. 
The token plummeted over 99% from $8.70 at its peak to trade at $0.02 with several aggrieved users calling the platform a scam and the incident a rug pull. ...
Read More: Banana Gun’s Token Plummets Over 99% Within Hours Due to Contract Bug – Here’s What Happened

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context