Get up to $200 for getting started
Coinbase Logo
Sign in
Banano logo

Banano

BAN

4.9

Price
$0.0049
10/2/2022, 7:47:35 AM
diamondHands

Keep an eye on Banano

Get instant alerts for major price changes.

Market

Market stats

Market cap

$6.8M

Volume (24h)

$32,558.77

Circulating supply

1.4B BAN

All time high

$4.2M

Price change (1h)

-0.36%

Price change (24h)

-0.69%

Price change (7d)

-6.44%

Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

congratulationsOnEarningCrypto

Banano is on the decline this week.

The price of Banano has fallen by 6.44% in the past 7 days. The price declined by 0.69% in the last 24 hours. In just the past hour, the price shrunk by 0.36%. The current price is $0.004876 per BAN. Banano is 100.00% below the all time high of $4,191,470.26.

The current circulating supply is 1,386,320,059 BAN.

About

What Is Banano (BAN)?

Banano is an instant and feeless cryptocurrency powered by DAG (Directed Acyclic Graph) technology disrupting the meme economy. The meme economy is a satire where memes inspired by social media jokes are treated as capital assets with fluctuating values. The project was a hard fork of NANO Coin in 2018 that started as a joke between a group of NANO contributors. The project aims to educate the community and attract crypto newbies through a fun attitude using a gamification approach to handle the crypto assets responsibly and efficiently.

According to the whitepaper, Banano is a 4th-generation fungible and potassium-rich cryptocurrency with the following key features:

  1. Block Lettuce: Banano uses a Block Lettuce architectural technology where each user possesses their blockchain for instant and feeless transactions with accuracy resulting in a vast reduction in time and work.

  2. Crypto Wallet: To keep the Banano coins safe and secure, users need a crypto wallet with public and private keys.

  3. Delegated Proof of Stake: The Banano ledger is secured through an open representative voting mechanism known as DPoS (delegated proof-of-stake), which makes the project run sustainably without the need for the account owner node to be running to participate in voting.

  4. Proof of Work: Banano uses proof of work as an anti-spam tool with almost instant computation.

  5. MonKeys: MonKeys are the visual representations of wallet addresses that help identify users while protecting the privacy of the account holder.

The project did not go for (initial coin offer) ICO; instead, it distributes all coins fairly through faucets, games, contests, giveaways, and airdrops. Meanwhile, Banano is experimenting with additional features such as a privacy layer (Camo BANANO), on-chain messaging (MonkeyTalks), and more. The project is community focused; some of the community projects are Banana How (a place to get help getting started), Banano Bet (fair dice game for Banano), Jungle Live (video sharing platform to earn & spend Banano), and Banano Fun (tailor-made Banano memes and animations)

BAN is the native token of Banano that serves a utility function for earning rewards and payments by gaming or contests and as a governing token for participating in an open representative voting mechanism by staking.

History of Banano (BAN)

The project has a meme-rich, interactive, animated yellow paper. The team is top-notch, and the project advisors were inspired by crypto masterminds, including Pajeet, Bummer, Trevon, Satoshi Nakamoto, and Carlos. The project has a total supply of 1.91 billion BAN coins.

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to Banano in market cap.

FAQ

What is the current price of Banano?

The price of 1 Banano currently costs $0.0049.

What is the market cap of Banano?

The current market cap of Banano is $6.76M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Banano?

The all-time high of Banano is $4,191,470.26. This all-time high is highest price paid for Banano since it was launched.

What is the 24 hour trading volume of Banano?

Over the last 24 hours, the trading volume of Banano is $32.56K.

What other assets are similar to Banano?

Assets that have a similar market cap to Banano include Unisocks, Inverse Finance, Juventus Fan Token, and many others. To see a full list, see our comparable market cap assets.

How many Banano are there?

The current circulating supply of Banano is 1.4 billion.

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Coinbase Bytes article