BANANAS31 (Banana For Scale) fell 42.38% in the last 24 hours.

Gate News Bot news, on July 14, according to CoinMarketCap, as of the time of publication, BANANAS31 (Banana For Scale) is currently priced at $0.01, having fallen 42.38% in the last 24 hours, with a high of $0.04 and a low of $0.01. The current market capitalization is approximately $85.2 million.

Banana For Scale is a full-stack quasi-autonomous agent protocol, where quasi-autonomous agents are driven by decentralized RLAIF, cross-agent economy, and meta-learning, self-organizing into dynamic collectives, redefining human-machine collaboration, and evolving into emerging, task-specialized societies. The protocol builds a framework that allows anyone to deploy quasi-autonomous AI agents that use decentralized RLAIF, blockchain-protected meta-learning, and tokenized inter-agent economies to learn and adapt dynamically. Agents self-organize into specialized collectives to perform complex tasks, simultaneously evolving through shared intelligence; supervised by a decentralized governance mechanism directly embedded in the protocol, enabling real-time user input and adaptive rule execution, while empowering individuals with control over AI capabilities.

Recent important news about BANANAS31:

1️⃣ Price volatility BANANAS31 experienced a significant rise and sharp fall within just a few days. On July 11, the cryptocurrency rose more than 110% within 24 hours, reaching a historical high of $526.3 million in market capitalization at one point. However, there was a substantial correction afterward, with a decline of over 60% from that day's peak, reflecting the rapid shift in market sentiment and the pressure for investors to take profits.

2️⃣ market capitalization has shrunk significantly The market capitalization of BANANAS31 has rapidly fallen from a high of $526.3 million on July 11 to the current $85.2 million, shrinking by more than 80%. Such a significant reduction in market capitalization indicates that investor confidence in the project has been severely impacted, potentially leading to further capital outflows.

3️⃣ Meme coin market sentiment cools down BANANAS31, as one of the representatives of meme coins, reflects the sentiment changes in the entire meme coin market through its price trends. Recently, after Bitcoin hit a new high, meme coins experienced a general increase, but then quickly fell back, indicating that investors' attitudes towards high-risk assets are becoming more cautious.

From a technical perspective, the price of BANANAS31 has fallen below multiple support levels, showing a clear downward trend. In the short term, it may face further adjustment pressure, and investors need to closely monitor potential rebound opportunities and the performance of lower support levels.

This message is not an investment advice; investment should take market volatility risks into account.