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The original was posted on /r/banano by /u/qwerty_asd on 2025-02-04 22:35:28+00:00.

I might normally post something like this in r/bananotrade instead, but I think it’s OK to talk about markets here sometimes.

For those who haven’t been around too long or haven’t been paying attention, a lot of bad luck has befallen Banano in the realm of trading / investment in the last market cycle. Most of these events are from just the last year.

• CoinEx, the largest Banano market, stopped serving many countries, including the USA.
• CoinEx was hacked, and freezes withdrawals, shaking peoples confidence in the exchange.
• QBTC, a defect exchange, dumped millions of Banano on the market
• It was revealed that one of the Banano devs had secretly siphoned and sold millions of Banano the market.
• Banano’s “BAN” ticker was stolen by a new memecoin, “The Comedian”.

However, the core Banano project has continued to progress. Tons of new successful cool projects have been launched, and the core Banano projects and services continue to be excellent. The community has also continued to grow, and I’m sure this place will spring back to life like a rainforest when the hype is sparked again.

Thanks for hanging with me, Monkeys!