Have we reached a confirmed bottom in the price of Bitcoin? Bitcoin Trading, technical analysis and crypto market updates with our resident trader and TA expert PRO Trader ED.
On July 05, Banano coin was [escrow trading](https://staging.busy.org/@mistywind/how-to-buy-the-hot-new-meme-coin-banano-using-an-escrow-bot-before-it-reaches-a-proper-exchange) in the ratio 3100:1
(3100 bananos in exchange for 1 nano)
Today, the last big trade happened at the rate 2000:1
There has been a tremendous increase in price even in this bear market.
However, it should be noted that most of the coins are undistributed as of now and the circulating supply is very low and it’s not meeting the current demand. Hence the price rise.
Banano is just a fork of Nano and a meme coin like doge. It does not make promises to change the world.
However, it’s a fun coin with a fun community. I have bought some coins and put on my seat belt.
Up or down. Let’s ride.