In keeping with current information compiled on Dune Analytics, Banana Gun, a Telegram DEX buying and selling bot, has proven every day buying and selling quantity of over $16 million.
That is a part of a rising development in bot utilization, which is now estimated to exceed a cumulative whole of $4 billion.
Banana bot energetic customers
The Dune Analytics dashboard reveals that the buying and selling bot registers roughly 19,000 trades every day amongst its 3,000 energetic customers. Since its inception in June, the platform has garnered a considerable consumer base, boasting virtually 46,046 lifetime customers. This recognition is mirrored in its lifetime buying and selling quantity, which has reached a considerable $589 million.
Banana Gun is simply one of many classes of buying and selling bots that builders create for customers to simply commerce meme cash, farm airdrops, and bridge tokens.
A topic of hacking
Sadly, together with rising curiosity, a bigger query round consumer security has arisen.
An Oct. 25 report from Banana Gun has additionally proven that the crypto-focused Telegram Bot challenge, Maestro, not too long ago fell sufferer to a 280 ETH hack and needed to return a complete of 610 ETH to its customers, marking one other in an extended line of associated scams.