I remember a "meme" coin that used to be hyped some time ago. It was called BANANO, based on the near-instant and zero-fee blockchain NANO. Market prices never hit $0.01 USD, but it had a fun and vibrant community. I'm wondering now that Dogecoin and other "meme" coins are back in the spotlight, if there's a future for Banano. I mean, is there a possibility it could hit $0.01 in the long-term? Or maybe even $1 (although I'm being extremely-optimistic here)?
For a coin that provides instantaneous transfers at no cost, I'd say it's pretty undervalued. Don't you agree? By the way, are any of you still holding Banano? Just curious to know.
Thanks for your input in advance.
I remember that memecoin actually, some friends from college used to farm it through some events which got held by the banano community in some webpage, or something similar to it, basically the community or developers behind banano gave some free money for people from third world countries to take advantage of.
Though, I am afraid banano won't take much of the fomo of this ongoing alt season we are witnessing, it seems most of liquidity is flowing to Dogecoin, and the so-called Ethereum killers which are within the top 10 of the market by capitalization.
Actually, I just took a look at how Banano is doing right now and it seems there is some stream and liquidity flowing to that coin, but it is still very far away from one could expect as an investor to make a good profit off that coin, It could be the beginning, though, time will tell.
