Bananas Measure Everything: From Internet Ancient Culture Memes to Banana MEME Coins on the BNB Chain

Author: Rhythm Worker, BlockBeats

When it comes to bananas, most people's first reaction might be the banana artwork that Sun Yuchen bought for $6.2 million. However, many may not know that bananas have been a major internet celebrity for over a decade, ever since the rise of internet culture.

What should you do if you want to know the size of something but don't have a ruler? In 2005, a netizen selling televisions gave us an abstract answer.

This netizen brought out a banana: "I don't know how big the screen is, I can't find a tape measure, but I have a banana."

Due to the humor of this post, the photo quickly went viral and sparked widespread imitation, becoming a pop culture symbol.

Starting in 2010, "Banana For Scale" gradually evolved into an internet cultural phenomenon. Using bananas as a measuring tool—whether to measure treasures, landmarks, pets, or even absurdly measuring children's heights—became popular content on social media.

A netizen measuring American star Tom Hanks with a banana

This simple idea, with its universal sense of humor, transcended cultural and linguistic boundaries, becoming a globally recognized MEME symbol.

The cultural symbol of "measuring with bananas" has continued to this day, and recently, Musk also played with this meme, causing bananas to go viral once again.

On November 19, SpaceX's Starship rocket conducted its sixth test flight. While every SpaceX rocket launch always evokes awe and admiration from rocket enthusiasts, this time they had a special topic to discuss.

Near the rocket's wing was a banana sticker, featuring a lively animated banana holding a smaller banana. Using the "banana scale" joke to showcase the rocket and spacecraft was a very humorous and clever way, as it is indeed difficult to gauge the size of the rocket from the photo alone.

This sticker during the Starship test injected unprecedented topicality into the banana MEME. With the Starship launching on November 18, this "space banana" once again became the focus of online discussions. For MEME culture enthusiasts and the blockchain community, this was undoubtedly a highlight moment for bananas as a global IP.

At this point, some friends sensitive to MEME coin trading might ask, "Is there a CA?"

Yes.

The $BANANA on the BNB chain inherits the banana for scale measuring culture, based on classic internet humor memes and the "rooted" Musk concept coin. Both trading volume and market cap are currently on the rise.

Data is King: What Makes Bananas on the BNB Chain Different?

Launched on November 16, $BANANA performed well right from the start. On the 8th day after its launch, with Musk's rocket launch, the market cap of $BANANA surpassed $50 million, achieving the number one trading volume on the BNB chain at $30.4 million. If you had bought it that day, you would have doubled your investment.

In the following days, the popularity of $BANANA did not wane, as it successively launched on the Gate trading platform and stood out in the third round of the MEMECOIN competition hosted by the BNB chain, winning the championship. From the ranking list released by the competition, $BANANA clearly dominated in trading volume, number of holder addresses, and market cap, showcasing its leading position in the BNB MEMECOIN ecosystem.

Recently, $BANANA successfully launched on the MEXC trading platform, further improving its performance. On its first day, its 24-hour trading volume reached $11 million, doubling from the previous day's low, with capital activity continuing to rise.

$BANANA is currently the highest market cap MEME launched on four.MEME, with a market cap of $58 million (as of the time of writing, due to an overall market decline, the market cap has slightly decreased to $49.2 million), about six times that of the second place at $9 million, achieving a clear lead.

As a leading MEME platform, four.MEME not only promotes its own platform but also provides additional brand exposure and positive publicity for $BANANA. This win-win model further drives the price and popularity of $BANANA.

Moreover, in terms of 24-hour trading volume, $BANANA also ranks among the top on the four.MEME platform, reaching $15 million, far exceeding the second place's $1.9 million. Whether in market cap or trading volume, $BANANA firmly holds the top spot with a significant advantage.

Not only does it rank high on four.MEME, but its performance across the entire BNB chain is also noteworthy. According to Geckoterminal data, as of the time of writing on December 9, $BANANA remains on the BNB chain's gainers list.

Regardless of whether it's over 6 hours or 24 hours, $BANANA's trading volume consistently ranks among the top on the BNB chain.

Unlike the DeFi analysis metric Mcap/TVL, MEME coins emphasize the Mcap/Holder ratio as a directional indicator.

Currently, the Mcap/Holder ratio of $BANANA is $2.22K, indicating that in this ratio data, those alongside $BANANA are either leading MEME coins or top market cap altcoins, such as PEPE, FLOKI, CHEMMS, XRP, GODE, WHY, etc. These data suggest that $BANANA is in an upward channel and shows signs of further growth potential.

From market cap and trading volume to community support and in-depth comparisons of key indicators, $BANANA has already demonstrated its absolute potential as a new star in the BNB chain MEME coin space.

"CTO" Takeover: Self-Driven Community

In addition to its impressive data performance, what stands out most about $BANANA is its strong community cohesion and efficient self-governance—what is referred to in the MEME coin space as "community density."

As mentioned earlier, $BANANA not only won the championship in the third round of the MEMECOIN competition hosted by the BNB chain but also participated in the MEME PK competition organized by Bitget. All the prize money earned from these competitions has been donated to the community wallet to support community activities and ecological development. This act of giving back not only enhances community trust but also gives every participant a sense of belonging.

Indeed, $Banana is a typical CTO (Community Take Over) driven MEME coin project.

Friends who are familiar with MEME know that MEME coins, often seen as the opposite of VC coins, are considered favorable when adopting the CTO model, as it reflects the autonomy and decentralization of MEME; MEMEs should belong to the community. While the ideal is appealing, the reality can be harsh. Most MEME coins' CTOs merely represent "token deployers exiting," with no real community operation. Even if there is a takeover, it is often just temporary management, and after a while, operations are hastily wrapped up.

However, unlike other MEMEs that tout "CTO" and "pump culture," the $BANANA community has real members and operations, establishing a genuine and robust community system, and placing great importance on constructive discussions, transitioning from liquidity to multi-signature governance, laying the groundwork for long-term development.

From a research perspective, how can one discern the value and durability of a MEME coin after it has been taken over by a CTO?

First, look at the number of addresses, then consider factors beyond data, such as community atmosphere. Check the official website for its quality, and join the Telegram group to see community activity—whether people are engaged, if there are regular activities or Spaces, and whether they are willing to pay for data updates, etc., with community governance being the most important aspect.

In these areas, the $Banana community excels. At the beginning of the CTO phase, the $BANANA team announced a permanent relinquishment of ownership of a liquidity pool valued at $861,000, which originated from DEV's tokens. This move allowed the community to take full control of the project while establishing a community multi-signature wallet to manage community assets and support activities.

As of now, the number of $BANANA holders has reached 24.37K, leading the MEME coins on the BNB chain by a wide margin. However, just having a large number of holders is not enough; actionability is key. The $Banana community has hundreds of members who voluntarily donate $Banana tokens for community activities and rewards, such as marketing expenses for promoting KOLs.

The first fundraising raised 6.6 million $BANANA, the second raised 6.22 million $BANANA, and the third raised 6.5 million $BANANA on Gate. All donations can be traced on-chain, and notable public donations on Twitter include Cooker (@CookerFlips), Mac (@MacnBTC), SAIF MR (@saifmr20), Yuyue (@yuyue_chris), among others.

Notably, Cooker is one of the most profitable MEME coin hunters in the Solana ecosystem, known for his in-depth analysis of fundamentals and communities, with an investment style leaning towards capturing early Alpha. He is cautious yet precise, with a high win rate, averaging 2-3 hundredfold coins traded each month, with verifiable records: $ACT with 1200x returns, $Pnut with 1000x returns, $Luce with 100x returns, $Rif with 150x returns, $Ban with 600x returns, and $moodeng with 600x returns.

MAC was also a legendary figure in Solana MEME coin investments, worth billions of dollars, known for his aggressive trading style, heavy positions, and high win rates, with verifiable records of at least 5x returns on $Cat and at least 3x returns on $Cheems.

This serves as a strong signal that these top traders have the keenest sense and understanding of market trends; they have shifted their focus from Solana ecosystem MEMEs to BNB ecosystem MEMEs, coincidentally choosing $Banana and even participating in its development.

Breaking the Circle!! Breaking the Circle!! Breaking the Circle!!

There are many influential figures both domestically and internationally who are optimistic about $Banana and actively help build the community. Everyone contributes money or effort as they can.

This also means that the community culture and operational model of $Banana are continuously breaking through circle limitations, gradually transitioning from the internal cycle of web3 to a broader web2 user base. This not only allows more external users to experience the unique charm of MEME culture but also brings new growth momentum to the $Banana ecosystem.

Recently, the $Banana community launched a community event on Twitter called "Scale the World with Bananametrics!" This event quickly attracted a large number of participants due to its unique creativity and humor.

The rules of the event are very simple: follow the community Twitter, retweet the event tweet, take a photo measuring a landmark or interesting object with a banana, and showcase your creativity. Post the photo on Twitter, tag the official account, and include the hashtag.

To stimulate more participation enthusiasm, the event has designed generous rewards, ultimately selecting 10 winners from participants based on creativity, fun, and popularity, awarding $BANANA tokens ranging from $100 to $1000. The event ends on December 12, meaning everyone still has a chance to participate and win rewards.

The $Banana community humorously stated below the event: "We just want to go viral, but our budget is small. This is our humble plan to get everyone's attention. We hope bananas become the next big thing and that taking photos with them becomes a trend. We need and appreciate everyone's help to make this a reality!"

On Twitter, users shared photos of measuring various quirky items and landmarks with bananas, from mini models to real famous buildings, showcasing endless creativity. These photos not only convey the community's sense of humor but also demonstrate the infinite possibilities of $Banana culture.

Even more surprisingly, the success of this event on Twitter is not limited to the crypto circle; it has begun to spread to the web2 user base. The extensive sharing and interaction from numerous users have rapidly disseminated the event content to a broader range of social media platforms:

First, the origin of the Banana For Scale meme, Reddit, has brought the classic "Banana For Scale" meme back into the spotlight, producing many high-quality entries.

Next are video platforms like TikTok and YouTube, gathering places for overseas trends. The community has also revealed plans to launch a larger-scale extended version on TikTok, expecting around 5,000 entries. The known TikTok influencers' total video views are expected to reach 50-60 million. Using humor and creativity to drive viewing trends, this also attracts more external users to pay attention to the MEME culture and stories that originated from Reddit, further promoting "measuring the world with bananas" into a genuine social trend, achieving a breaking-the-circle effect, and further bringing web2 users into the web3 ecosystem, realizing the integration of web3 and web2.

The Revival Trend of the BNB Chain

In addition to the large market cap potential and good community atmosphere, another important potential of the banana MEME on the BNB chain is that the BNB chain, as its issuing platform, is currently in a revival phase. On-chain liquidity is recovering, the popularity of token concepts is rising, and with BNB itself being a stable and profitable public chain token, all of this indicates that new opportunities are brewing, and "BNB Chain is reviving" has become a new trend.

Besides DeFi infrastructure, MEME is also capable of carrying and leading this revival trend. Recently, with Binance launching $WHY and $CHEMMS, two MEMEs on the BNB Chain, the MEMEs on the Solana chain are becoming increasingly PVP-oriented. Currently, many top traders from the Solana chain are shifting their attention to the BNB Chain, which is regaining market dominance.

MEME is attracting more users and capital inflow to the BNB chain. As a "rooted" community MEME coin, $Banana, which embodies early internet abstract cultural memes and Musk concepts, plays an indispensable role and could even become a new "dark horse" MEME in this round of public chain ecological revival.

After all, the $Banana community members are not limited to Asian users; participation from users in Europe, America, and Latin America is also continuously increasing. The internationalization strategy of $Banana is helping the BNB ecosystem gradually move towards globalization, even reaching Web2.

Starting from the abstract meme "Banana For Scale" on Reddit, netizens began to measure everything with bananas—televisions, shoes, palms, babies, skyscrapers, rockets, and so on… And now, $Banana is measuring the height and future of the MEME narrative on the BNB chain.