$BANANA - Why I think its a Long Term HODL

$BANANA is taking a HUGE step forward.

Though all the action has been happening on $SOL the past few weeks, we are seeing money flowing into $ETH.

Here’s my 7 conviction factors for $BANANA 🧵👇

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1) Markets are brightening up.

Many are still expecting to sell the news on ETF approvals, but on the contrary, thinking so restricts your potential.

I am seeing fund managers actively talking to investors telling them about $BTC ETFs.

• Funds have already pooled funds together

• Once ETFs are made available they will all ape into these ETFs

• Guess who are those ETFs investors? The boomers with millions of dollars who don't want to touch DeFi

2) Its part of the maturity process for projects

Tbh token taxes are always present for nascent projects, how many of the projects can confidently tell you that they can just operate with the bot’s fees alone?

Answer is probably only the top 10% of DeFi projects can tell you so. and with the removal of taxes, it would mean a couple of things:

• The project don't have to rely on taxes earned from trades

• They are self-sustaining with the bot revenue itself

• More people will find the token more attractive

• More bot users and tokens holders

3) Money is flowing to ETH

I have my thesis here about the long term potential of ETH.

So TLDR is past years ETH have been inflationary as compared to BTC but this year we are seeing a case where ETH is deflationary for the first time.

Coupled with the case that a rotation is going into ETH as the activity on $AVAX and $SOL slows down

4) They are fundamentally attractive

From the charts, PA have always seen strong accumulation around the $9 to $11 zones.

And $BANANA does stop building here. They have more in their development pipelines.

Also, they are churning out healthy fees and metrics.

5) They are the only trustable bot

@MaestroBots got hacked lost user’s funds

$UNIBOT @TeamUnibot got hacked lost users’ funds

@ThunderTerminal got hacked too

$BANANA @BananaGunBot is the only SAFU one, fastest, cheapest (i dont know what would anyone think about using another bot)

Think about your 1000x mooncoins trusting other bots that have been compromised.

6) They still have more expansion in plans

Development includes, webapp, expansion onto other chains

7) I believe in the team

Do you own DD and you know that the team never fail to deliver and they have chads onboard.

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