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Bananas Measure Everything: From Internet Culture Meme to Banana MEME Coin on the BNB Chain

24-12-10 11:39
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When it comes to bananas, most people's first reaction now might be the $6.2 million banana art piece acquired by Justin Sun. However, what many people may not know is that as early as ten years ago, when internet culture was just emerging, the banana was already a viral sensation with inherent traffic.


If you want to know the size of something but don't have a ruler on hand, what do you do? In 2005, a netizen selling a television gave us an abstract answer.


This netizen brought out a banana: "I don't know how big the screen is, I can't find a tape measure, but I have a banana."



Due to the humorous nature of this post, the photo quickly went viral and sparked widespread imitation, becoming a pop culture symbol.


Starting from 2010, "Banana For Scale" gradually evolved into an internet culture phenomenon. Using a banana as a ruler, whether to measure treasures, landmarks, pets, or other items, and even absurdly measuring a child's height, all became popular content on social media.


A netizen measured American star Tom Hanks with a banana


This simple creative idea, with its universal sense of humor, transcended cultural and language barriers, becoming a globally recognized MEME symbol.


The cultural symbol of "measuring size with a banana" has persisted to this day, and recently Musk also played along with this meme, causing the banana MEME to go viral once again.


On November 19, SpaceX's Starship rocket underwent its sixth test flight. Although each SpaceX rocket launch always evokes awe and admiration from rocket enthusiasts, this time they had a special topic to delve into.



Near the rocket's wing was a banana sticker displaying a lively animated banana holding a small banana. Using the "banana scale" joke to showcase rockets and spacecraft is a very humorous and clever way, as it's indeed hard to grasp the size of a rocket from just a photo.


The sticker in the Starship test injected unprecedented topicality into the Banana MEME. As Starship took off on November 18, this "space banana" once again became the focus of online discussion. For fans of MEME culture and the blockchain community, this was undoubtedly a highlight moment for the banana as a global IP.


At this point, some friends sensitive to MEME coin transactions might ask, "Is there a CA?"


Yes.



The $BANANA on the BNB chain inherits the banana for scale measuring culture, based on classic internet meme culture and the "rooted and thriving" Musk concept coin. Whether in trading volume or market capitalization, it is currently on the rise.


Data is King, What Sets the BNB Chain Banana Apart?


The $BANANA launched on November 16 had a strong performance in its early stages. On the 8th day of trading, with Musk's rocket launch, the $BANANA market cap exceeded $50 million, achieving the first place in 24-hour trading volume on the BNB chain, reaching $30.4 million. If you bought on that day, you could have doubled your investment the same day.


In the following days, the $BANANA's popularity continued unabated, successively listing on the Gate trading platform, and standing out in the third round of the MEMECOIN contest held by the BNB chain official, winning the championship. Looking at the ranking list announced by the competition, in terms of trading volume, number of holder addresses, and market capitalization, $BANANA clearly holds the top spot, demonstrating its distinct leading position in the BNB MEMECOIN ecosystem.



Recently, $BANANA successfully listed on the MEXC trading platform, further improving its performance. On the first day of listing, its 24-hour total network trading volume reached $11 million, doubling again from the previous day's low point, with continued increase in trading activity.



$BANANA is also currently the number one MEME launched on four.MEME in terms of market capitalization. Compared to the second-ranked market cap of $9 million, $BANANA has a market cap of $58 million (at the time of writing, due to the overall market decline, the market cap has decreased slightly to $49.2 million), which is about 6 times higher, achieving a significant lead in the market cap.


four.MEME, as a top MEME platform, not only promoted its own platform but also provided additional brand exposure and positive publicity for $BANANA. This win-win model further boosted $BANANA's price and popularity.



Moreover, in terms of 24-hour trading volume, $BANANA also ranked at the forefront on the four.MEME platform, reaching $15M, far surpassing the second-ranked $1.9M in market cap. Whether in terms of market cap or trading volume, $BANANA maintains a clear lead.


Not only does $BANANA lead on the four.MEME platform, but its performance across the entire BNB chain is remarkable. According to Geckoterminal data as of the December 9 deadline, $BANANA is still on the rise on the BNB chain.



Whether in the 6-hour or 24-hour timeframe, $BANANA's trading volume consistently ranks at the top on the BNB chain.




Unlike DeFi's metric Mcap/TVL, MEME coins emphasize the Mcap/Holder ratio as a guiding metric.


The current mcap/holder ratio for $BANANA is $2.22K. Looking at this ratio data, it is evident that $BANANA is either neck and neck with the leader in the MEME track or one of the top coins in terms of market cap, such as PEPE, FLOKI, CHEMMS, XRP, GODE, WHY, and others. These data indicate that $BANANA is currently in an upward trend and shows signs of further growth potential.



From market cap, trading volume, and community support to in-depth comparisons of key metrics, $BANANA has demonstrated its absolute potential as a rising star MEME coin on the BNB chain.


「CTO」 Takeover, Self-Driven Community


In addition to its impressive performance data, $BANANA's most remarkable aspect is its strong community cohesion and efficient self-governing capabilities — in the realm of MEME coins, this is referred to as "community density."


In addition to what was mentioned earlier, apart from winning the third round of the MEMECOIN contest hosted by the BNB Chain, $BANANA also participated in the MEME PK competition organized by Bitget. The winnings from these competitions were all donated to the community wallet to support community activities and ecosystem development. This giving-back behavior not only enhances community trust but also fosters a sense of belonging for every participant.



Indeed, $Banana is a typical CTO (Community Takeover) driven MEME coin project.


Friends who are well-versed in MEME know that a MEME coin, which is considered the opposite of a VC coin, becoming CTO-driven is often seen as a positive sign because it embodies the autonomy and decentralization of MEME — MEME should belong to the community. Although the ideal is lofty, reality is harsh. Most CTOs of MEME coins are merely "token deployers exiting," with no community operation at all. Even if there is a takeover, it is only temporary management and a brief handover, and it usually ends hastily after a period of operation.


However, unlike other MEME projects that merely use the "CTO" slogan and engage in "pump-and-dump culture," $BANANA's community has genuine members and operations, establishing a real and robust community system. It also emphasizes constructive discussions, transitioning from liquidity to multi-signature governance, with each step laying the foundation for long-term development.


From a research perspective, when a MEME coin undergoes a CTO, how can its value and longevity be distinguished?


First, look at the number of addresses, followed by factors beyond data, such as the community atmosphere. Check the website to assess its quality, join the Telegram group to gauge community activity, observe the level of engagement, see if there are regular events or Spaces, whether they provide paid data updates, and, most importantly, community governance.


On all these fronts, the $Banana community excels. At the outset of the CTO, the $BANANA team announced the permanent relinquishing of control over $861,000 worth of liquidity pool tokens owned by the DEV. This move allowed the community to fully take over the project, while also establishing a community multi-signature wallet to manage community assets and support activities.


As of now, the number of $BANANA holders has reached 24.37K, leading by a large margin in the MEME coin category on the BNB chain. Having a large number of holders is not enough; action speaks louder. The $Banana community has hundreds of members who have spontaneously donated $Banana tokens for community activities and rewards, such as marketing expenses for engaging Key Opinion Leaders (KOLs).


The first donation was 6.6 million $BANANA, the second donation was 6.22 million $BANANA, and the third donation was a Gate donation of 6.5 million $BANANA. All donations are traceable on-chain, and notable public figures on Twitter who made donations include Cooker (@CookerFlips), Mac (@MacnBTC), SAIF MR (@saifmr20), Yuyue (@yuyue_chris), among others.



Of particular note, Cooker is one of the most profitable MEME coin hunters in the Solana ecosystem, known for his in-depth analysis of fundamentals and community, with an investment style that leans towards capturing early Alpha. He is cautious but precise in his moves, with a very high success rate, averaging 2-3 hundredfold coin trades per month. His track record includes $ACT with a 1200x return, $Pnut with a 1000x return, $Luce with a 100x return, $Rif with a 150x return, $Ban with a 600x return, and $moodeng with a 600x return.


MAC was also a legendary figure in Solana MEME coin investment, with a net worth in the tens of billions of dollars, known for his aggressive and high-win-rate high-position trading style. His track record includes at least a 5x return on $Cat and at least a 3x return on $Cheems.


This is also a strong signal that these top traders have the most acute sense of trends and cognition in the on-chain world. They transitioned from the Solana ecosystem MEME coins to the BNB ecosystem MEME coins and coincidentally chose $Banana, even participating in its development.


Breaking the Circle!!


There are many prominent figures both domestically and internationally who are bullish on $Banana, actively assisting in community development. Everyone chips in as per their financial ability and contributes actively as per their strength.


This also indicates that $Banana's community culture and operational model are continuously breaking through social barriers, gradually moving from the inner cycle of web3 to a broader web2 user base. This not only exposes more outsiders to the unique charm of MEME culture but also brings new growth momentum to $Banana's ecosystem.


Recently, the $Banana community launched a community event on Twitter called "Scale the World with Bananametrics!" This event, with its unique creativity and sense of humor, quickly captured the attention of a large number of participants.



The rules of the event are very simple: follow the community Twitter account, retweet the event tweet, take a photo of a landmark or interesting item "measured" with a banana, showcasing creativity. Post the photo on Twitter, tag the official account, and include the hashtag.


To inspire more participation, the event offers generous rewards. Eventually, 10 winners will be selected based on creativity, fun, and engagement, receiving rewards of 100U-1000U in $BANANA tokens. The event deadline is December 12th, so everyone still has the opportunity to participate and win rewards.


The $Banana community humorously stated under the event: "We just wanted to go viral, but our budget is small. This is our way of making everyone notice our humble plan. We hope bananas will be the next big thing, turning taking pictures with them into a trend. We also need to thank everyone for their help in making this a reality together!"


On Twitter, users shared photos of using a banana to measure various peculiar items and landmarks, from miniature models to real famous buildings, showing boundless creativity. These photos not only convey the community's sense of humor but also demonstrate the endless possibilities of $Banana culture.



What's even more surprising is that the success of this event on Twitter is not limited to the crypto community but has begun to spread to web2 user groups. The extensive sharing and interactions by users quickly spread the event content to a wider range of social media platforms:


First is Reddit, the birthplace of the Banana For Scale meme, which reintroduced the classic meme "Banana For Scale" into the spotlight, with many high-quality entries emerging.


Then comes TikTok and YouTube, platforms for videos and hubs of overseas trends. The community has revealed that a larger-scale extension is about to take place on TikTok, with an expected 5000 entries participating. Known TikTok influencers participating are expected to have a total video view count of 50-60 million. Driving a wave of humor and creativity, while also attracting more non-crypto users to focus on this meme culture and story that emerged from Reddit, further promoting "measuring the world with a banana" as a true social trend, achieving cross-over effects, and further introducing web2 users to the web3 ecosystem, realizing the integration of web3 and web2.


The Revival of the BNB Chain


In addition to the large market space and strong community atmosphere of the BNB Chain's Banana MEME, there is another important potential factor: the BNB Chain itself, as its issuance platform, is currently undergoing a revival. On-chain liquidity is increasing, token concept popularity is rising, and BNB itself has always been a stable and profitable public chain token. All of this heralds the emergence of new opportunities, and the "Revival of the BNB Chain" has become a new trend.


Aside from DeFi infrastructure, what can embrace and lead this revival trend is none other than the MEME culture. With Binance recently launching $WHY and $CHEMMS, two MEME coins on the BNB Chain, and with Solana's MEME culture becoming increasingly competitive, many top traders on the Solana Chain have now turned their attention to the BNB Chain. The BNB Chain is regaining market dominance.


Memes are attracting more users and funds to the BNB Chain. As a "deeply rooted" community meme coin, $Banana, with its early Internet abstract culture and Musk concept, is playing an undeniable role, and may even become the new "dark horse" MEME in this round of public chain ecosystem revival.


After all, $Banana community members are not limited to Asian users, as participation from Europe, America, Latin America, and other regions continues to increase. The internationalization strategy of $Banana is helping the BNB ecosystem gradually globalize, and even move towards Web2.


Starting with the abstract meme "Banana ForScale" on the fringe of Reddit, netizens began to measure everything with a banana: TVs, shoes, palms, babies, skyscrapers, rockets, and more... And now, $Banana is measuring the height and future of the MEME narrative on the BNB Chain.


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