Topics Memes

Comedian (BAN): Where Crypto Satire Meets Art Irony

Beginner
Memes
Explainers
Altcoins
25 нояб. 2024 г.

On Nov 18, 2024, Solana-based meme coin Comedian (BAN) stole the spotlight, surging by over 82% following a major listing announcement by top crypto exchanges Bybit and Binance. The surprise listing for Bybit Spot and Binance Futures trading drove hype around the BAN token, driving its price up within a 24-hour period. Although the token’s price has dropped since then, many remain bullish about this meme coin and believe it could replicate the success of many other top Solana-based meme coins.

Let's learn more about BAN, and how it's blending artistic irony with crypto satire.

Key Takeaways:

  • Comedian (BAN) is a Solana-based meme coin that’s gone viral following a surprise listing on Binance’s Futures market and Bybit’s Spot trading terminal.

  • BAN is inspired by Maurizio Cattelan’s viral art of a banana taped to a wall.

  • You can buy BAN on Bybit as a Spot pair (BAN/USDT).

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What Is the Comedian (BAN) Token?

Comedian (BAN) is a Solana-based meme coin that draws its inspiration from visual artist Maurizio Catellan’s trending artwork (“Comedian”) of a banana duct-taped to a wall.

The token is designed to reflect a unique integration of satire and irony in the art and crypto worlds. There were three versions of this banana-themed art, selling on Sotheby in 2019 for between $120,000 and $150,000. Since then, the artwork’s value has risen to $6.2 million, making it one of the “most expensive fruits in history.” This led to the birth of Comedian (BAN), which fuses the satire of a simple banana with the viral nature of meme coins.

BAN seeks to leverage the social trends surrounding meme coins by merging humor and the internet culture around memes. The project not only invites its community to invest, but also to question the humor, hype and often absurd nature of meme coins and, at times, art. Its mission is to continue the hype around the Italian artist’s trending banana.

BAN is built on Solana to leverage the platform’s fast speeds, scalability, security and low fees. The Solana ecosystem has seen a recent surge in meme coins, which have continued to rake in millions in market capitalization and trading volume due to hype and a zealous meme culture.

Viral banana art.

Source: Banart.art

The Unexpected Rise of Comedian (BAN)

In a surprise move, on Nov 18, 2024, Binance announced that it would be listing BAN for futures trading on its platform. Thereafter, Bybit also disclosed it would open Spot trading for Comedian (BAN). These two announcements from top-tier exchanges have driven hype for this meme coin, with some hoping that it will surge similarly to Peanut the Squirrel (PNUT), another Solana meme coin that’s recently gone viral.

BAN experienced a remarkable rally just a day after the listing announcements, and its price skyrocketed to an all-time high (ATH) of $0.378. However, this was swiftly followed by a descent to below $0.15 just a week later. At the time of this writing (Nov 25, 2024), BAN is priced at $0.1255, with a market cap of $125.46 million.

BAN's stark price drop highlights the significant risk involved in investing in meme coins. They’re highly volatile and prone to short-term wild price swings. We strongly advise exercising caution as you trade BAN or any other meme coins.

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Where to Buy Comedian (BAN)

You can buy BAN on Bybit’s Spot trading platform (BAN/USDT). To celebrate this listing, Bybit is holding two Token Splash events with a total prize pool of 1.14 million BAN tokens, running from Nov 19, 2024, 8AM UTC through Dec 26, 2024, 6AM UTC.

  • Event 1 — Deposit to Earn (New Users Exclusive) — To share in the 840,000 BAN prize pool in this event, you’ll need to register on Bybit and complete identity verification. Then, accumulate a deposit volume of at least 600 BAN; or deposit 100 USDT and trade 100 USDT worth of BAN via your first trade using your Bybit account. If you’re among the first 8,400 new users to complete these steps, you’ll receive 100 BAN.

  • Event 2 — Trade to Earn — To share in the 300,000 BAN reward pool reserved for this event, simply register for the event and trade at least 500 USDT worth of BAN during the event period. The more you trade, the larger your share in the reward pool, up to a maximum of 3,000 BAN per user.

Closing Thoughts

Comedian (BAN) has experienced significant interest from investors, primarily due to its Binance Futures market debut and Bybit Spot listing. As a meme coin, BAN could continue the viral nature of Cattelan’s “banana art,” which melds art and crypto through humor and satire. BAN is one token to watch as it unfolds in the wild space of crypto — especially within the meme coin niche.

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