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Telegram Bot project Banana Gun will commence its first round of presale on September 8th at 17:00 UTC time.
The Telegram Bot project Banana Gun has revealed its token economics. There will be a total of 10 million BANANA tokens, with 2 million available for presale, 300,000 allocated for liquidity provision with a 2-year lockup, 120,000 for airdrops, 1 million for the team (with a 3-year linear release starting after a 2-year lockup for 500,000 tokens and another 3-year linear release starting after an 8-year lockup for the remaining 500,000 tokens), and 6.58 million for the treasury (with a significant portion locked up).
The presale fundraising cap is set at 800 ETH, and the maximum participation limit per wallet address is 1 ETH. Users who participated in previous events and obtained Soulbound NFTs have been whitelisted, and the presale will be divided into four phases, targeting specific users such as KOLs and project NFT holders. The presale price is $0.65 per BANANA token, corresponding to an initial market value of $1.56 million and an initial FDV of $6.5 million.
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