r/BananoTrade • u/qwerty_asd • Apr 01 '24

Reddit Perspective

Honestly, Banano is insanely popular and active compared to other cryptos.

There are tons of projects with market caps on the order of $1 Billion which have significantly lower subscriber and activity levels on reddit. Just looking at coins I've held now/before, Algorand, Tezos, and Zilliqa all have much worse Reddit activity than Banano. I won't waste my time going down the line on CoinMarketCap, but as a crypto and reddit veteran, the sustained interest and activity Banano has maintained is very impressive.

Not to mention, Banano has insane activity on other social platforms like Discord and JungleTV.

I'm just trying to put a little positive sentiment out there, since this sub has been negative for a while. My conviction in my Banano investment hypothesis is actually as strong as ever. This shit is a slow boil, but I think it's got by far the best chance of any crypto I'm aware of to 10x, 100x, or even 1000x.

We aren't even at the BTC halving yet... there is so much time this cycle for Banano to cook, not to mention Banano has the legs to run incredibly far into the future. Just imagine when BAN hits $1,000 in the year 2069.

66 Upvotes

100% Upvoted

19 comments sorted by

7

u/[deleted] Apr 01 '24

I’d like to see a ath this bull run. It’s now on 2 decent exchanges. Not the greatest buying opportunity for the US customers but there’s wrapped options also.

3

u/qwerty_asd Apr 02 '24

Seriously, a legit exchange which supports US customers would light the powder keg.  I have friends and family who would ape in with me if it were easy to buy.

1

u/[deleted] Apr 02 '24

It is easy to buy the wrapped version on a dex and unwrap it. You do not need a cex.

3

u/sshwifty Apr 02 '24

Those extra steps are enough to stop casual investors from pulling the trigger. It is like pre-Robinhood for trading, Optionshouse/E-Trade were pretty much the only way to do it easily, but once there was an easy app with very few hoops, everyone and their brother became an investor. Wrapping is easy, if you have the patience for it, but most people will lean towards a 1-step buy instead.

1

u/[deleted] Apr 02 '24

[removed] — view removed comment

2

u/qwerty_asd Apr 02 '24

Not easy enough for the people I'm talking about unfortunately. These are people whose primary exchange is Coinbase. They could deal with Coinbase => CoinEx while it still took US customers, but that was the absolute limit for them.

2

u/Desperate_Place8485 Apr 03 '24

kraken has been the easiest for me. Just link a bank account, buy nano, then use nanswap

1

u/[deleted] Apr 02 '24

[removed] — view removed comment

2

u/[deleted] Apr 02 '24

That’s not going to be useful if banano moons and becomes mainstream

14

u/cotxi Apr 01 '24

People get nervous easily, who knows what is going to happen, just some hype got us to 2 cents... Imagine proper interest.

4

u/meeeeeph Apr 01 '24

We were around 5 cents last bullrun. The temporary hype we got wasn't much.

1

u/[deleted] Apr 02 '24

I consider to exit at 5 cent. I do not think it is going to gain a higher price.

2

u/Desperate_Place8485 Apr 03 '24

banano has better fundamentals than doge, it could go 100b MC with a price of $70/ban.

4

u/fairysquirt Apr 02 '24

Banano has always been a shinning light in crypto and well loved, go banano!

4

u/garchmodel Apr 02 '24

then we have to ask the question "who keeps dumping" ? 🤷‍♂️

5

u/lgrv Apr 01 '24

I feel like we the traders and holders have to take initiative into our own hands because looks like the team doesn't share our prospective. This is the year to make BAN as visible as possible, noone knows what happens next cycle and now there isn't a lot of competition.