Comedian (BAN) is a Solana-based meme coin inspired by Maurizio Catellan’s artwork (“Comedian”) of a banana duct-taped to a wall.

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 

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

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.

 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.

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 

 (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.

You can buy BAN on Bybit’s Spot trading platform (

). To celebrate this listing, Bybit is holding two 

, running from Nov 19, 2024, 8AM UTC through Dec 26, 2024, 6AM UTC.

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.

Beginner

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Comedian (BAN): Where Crypto Satire Meets Art Irony

In this tutorial, we’ll explore how you can participate in the Sui Wonderland NAVI Staking Campaign!

Bybit Web3 is holding an exclusive Sui Wonderland NAVI Staking Campaign from Nov 25, 2024 through Dec 25, 2024! Follow our detailed guide below to find out how you can participate in the campaign and earn rewards.

How to Participate in Sui Wonderland NAVI Staking Campaign

Create or Import a Bybit Web3 Seed Phrase Wallet

 icon in the extension bar of your Chrome browser. 

A pop-up window will appear. Then, click on 

Follow the instructions to set your device password. Then, agree to 

 be sent to the server. Ensure that you remember it, as 

You may choose to set the newly created Bybit Web3 Seed Phrase Wallet as your default wallet. Then, click on 

Import an Existing Bybit Web3 Seed Phrase Wallet

 icon in the extension bar of your Chrome browser, and click on 

Import Existing Bybit Web3 Seed Phrase Wallet

: Enter your device password and click on 

: Enter or paste your seed phrases (you may choose the number of seed phrases by clicking the drop-down menu below 

: If you’ve created multiple addresses before, the 

 function will only restore wallet addresses that have assets associated with them.

 and scroll down to view the three pools available for staking. 

: You’ll then be redirected to the individual pool page. Input the amount you wish to deposit, and click on 

: Please remember to ensure that you have sufficient SUI in your wallet for gas fees.

Congratulations! You’ve successfully staked your assets in a pool under the Sui Wonderland NAVI Staking Campaign!

To view your current investments and rewards, navigate back to the 

 Only funds staked on Bybit Web3 Earn through the Bybit Web3 Seed Phrase Wallet after the event starts will be eligible to receive rewards. Please maintain your positions on Bybit Web3 to be eligible for reward calculation.

The Sui Wonderland NAVI Staking Campaign is a great opportunity for you to earn bonus rewards on your SUI, vSUI and USDC. Create your Bybit Web3 Seed Phrase Wallet and participate today!

navi staking campaign.png

In this tutorial, we’ll explore how you can complete a series of tasks in LumiWave for Sui Wonderland 2024.

In this tutorial, we’ll explore how you can complete a series of tasks in 

: Look for LumiWave’s Bybit Web3 Sui Wonderland 2024 campaign post on X.

and add your comments to complete this task.

button at the top right corner of the page. 

: Select your preferred social login option (

: Follow the instructions to complete your registration.

Ensure that you create a written record of it and remember it

, as losing this password will make your wallet 

and follow the instructions to connect successfully. Please note that you’ll need to disconnect your Sui wallet first in order to enable the 

lumiwave tutorial.png

How to Complete LumiWave Tasks for Sui Wonderland 2024

In this tutorial, we’ll explore how you can complete a series of tasks in Suilend for the Bybit x Sui Ecosystem Airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks in DeepBook for Sui Wonderland 2024. 

: Download and install the Bybit Wallet extension.

: Fund your wallet with DEEP tokens. If you don’t have DEEP tokens, you may purchase them on Bybit and transfer them to your Bybit Wallet.

button on the top right corner of the page.

: Select your wallet from the list and approve the connection in your wallet. 

: Once your wallet has been connected, scroll down and click on the 

 token in the list of supported assets. 

: Deposit at least $100 worth of DEEP assets, and click on 

deepbook tutorial.png

How to Complete DeepBook Tasks for Sui Wonderland 2024

Bybit Learn

Blockchain

Ergo is a type of secure blockchain based on DeFi functionalities and it combines the best features of Ethereum and Bitcoin. Find out about how it works here.

Deciding which crypto is right for your portfolio can be challenging when there are hundreds of options from which to choose. One project you might want to consider is 

, which is designed specifically to bridge the gap between 

. Investors have shown substantial interest in this altcoin, and it’s currently at a healthy price. If you’d like to place some of your money into ERG, it would behoove you to have a solid understanding of the Ergo platform and its many features.

 (DeFi) functionalities. Its purpose is to combine the best features of Ethereum with those that Bitcoin has to offer.

 (PoW) similar to the consensus protocol that Bitcoin uses to ensure its network is secure and 

 are available to accommodate DeFi. The security features were taken from Bitcoin, while the smart contracts and decentralized features came from Ethereum. If you want to 

 Ergo tokens, this platform uses a protocol referred to as "

," which is a substantially modified version of the Bitcoin mining protocol.

 created this crypto project. As a blockchain veteran who has been developing crypto-related software, Chepurnoy has written and published numerous papers on blockchain technology over the years. Prior to creating Ergo, he worked as a researcher at 

, an engineering and research company best known for creating 

, a fellow researcher at IOHK, to develop Ergo, which was officially launched at the beginning of July 2019. When this project first began, Chepurnoy stated that it was made to deliver extensive smart contracts as well as ample security features.

Ergo works by combining the top features of Ethereum and Bitcoin. The platform was designed to be a more efficient and secure financial contracts platform that offers comprehensive DeFi functionalities. Keep in mind that “decentralized finance” refers to applications that remove centralized banks from financial transactions.

The platform’s mining model is similar to that of Bitcoin and allows for the creation and validation of new coins. However, computer size is limited for mining operations, meaning that large mining farms that consume high amounts of carbon aren’t developed.

The Ergo platform also exists as a programmable blockchain similar to that of Ethereum. Since it’s programmable, the blockchain's able to host various 

 (DApps). Ergo provides this functionality without charging 

Developing DApps on Ethereum is challenging, since transaction fees differ, depending on current network congestion. This issue makes it practically impossible to estimate development costs. In comparison, developers know the exact amount they need to pay to develop an app on Ergo.

 smart contract language, allow for the creation of more complex and secure financial contracts, which Ergo’s team believes is necessary for the DeFi industry to advance in the coming years.

Every token that's hosted in a smart contract comes with an added layer of protection detailing when the token can be used, who can use the token and what conditions must be met before it’s used.

ErgoScript makes smart contract development simple with 

. The light nodes don't need to hold the full blockchain copy, or run on a 24/7 basis, which allows the platform to use less computing power and storage space. Because of these features, the platform is mobile-friendly.

Be aware that this platform doesn't use general-purpose programming languages, such as 

. Instead, ErgoScript makes code specifically for decentralized finance, which ensures the code is simplified and relatively easy-to-use.

Ergo offers an array of features that makes the platform a worthwhile investment. Along with the PoW model, Ergo also comes with no gas fees and a crowdfunding service known as ErgoRaffle. We discuss the latter below.

Ergo uses the PoW model to mine new coins and validate transactions. When it comes to this consensus mechanism, anyone who mines ERG can use multiple 

 on a single Ergo node. While the PoW model is effective, it also consumes a lot of energy, Bitcoin’s main issue.

Ergo, however, has mitigated this issue somewhat with its Autolykos mining algorithm. This algorithm is resistant to 

 and large mining pools, which makes the PoW model more efficient. In fact, anyone who wants to mine Ergo can do so with a standard computer and graphics card.

Ergo is set to mint its entire supply in the 26 years following its initial mainnet launch in 2019 — in other words, by 2045. Mining Ergo tokens is simple and straightforward. All that's required is for the mining to configure a standard node, which is possible if your graphics processor has at least 4GB of VRAM. However, 8GB of 

Since Ergo is based on the PoW consensus mechanism, miners are able to use multiple graphics processors on just one node. It's also possible to 

. However, the Ergo team recommends that miners select only small pools.

 types with full support. Two of them — 

 — are web-based. Only Yoroi supports native assets. The official 

 is likely the best one, since it provides 

 functionality, as well as scripts and native-asset support. A mobile version of the wallet can be found on 

Even though Ergo is a programmable blockchain that allows for the development of decentralized applications, its platform doesn't collect transaction fees. This feature has made Ergo popular among developers who create DApps.

As we previously stated, Ergo supports the creation of DApps that extend platform functionality. One DApp that was built on the Ergo platform is 

 protocol and is considered to be a decentralized 

 that effectively secures the privacy of each user by sending and receiving tokens in large batches before mixing them up. With this approach, tracking transactions is practically impossible. Another DApp built with Ergo is the 

, an NFT marketplace that runs hundreds of auctions.

, previously known as ErgoDEX, is the decentralized exchange that exists on the Ergo platform. However, that’s not all: Spectrum is also meant to be a native cross-chain ecosystem with new offerings. This specific DEX allows users to transfer their liquidity between Cardano and Ergo. Remember that Spectrum uses the 

 model to ensure that liquidity sharing is possible between these platforms.

 protocol. When a user performs a transaction on this exchange, they’re provided with incentives. The ecosystem’s various users include user-interface (UI) providers, liquidity providers, traders, miners and off-chain executors.

Over the years, the Bitcoin platform has 

 that have either been misplaced or lost altogether. Other projects have issues with token flow, since tokens can remain in wallets for an extended period of time without being touched, which means there aren't as many tokens on the market.

Ergo aims to mitigate this issue with a feature known as 

. This feature recycles unused and lost tokens so they can be placed back into circulation. When tokens remain untouched for a period of four years, miners can collect fees, which are considered to be incentives for effectively securing the Ergo network when 

With this form of rent collection, unused data is no longer a problem. Users can remove or transfer tokens before being charged fees. If they don't, users would pay the fee every four years to allow unused tokens to be mined.

 is a type of crowdfunding service created by Ergo, which allows users to raise money for a wide range of different projects. Examples of these projects include a charity donation, an academic study or a business plan. Once a raffle takes place, a lottery will occur, which results in one of the participants winning a portion of the raffle.

, is a platform designed to accommodate P2P lending and borrowing via the Ergo blockchain. Still in development, the team behind EXLE is raising funds to assist with the progression of the decentralized application. When the platform is in place, anyone who contributed to EXLE’s development can fund a loan, making it possible to enter a pool of lenders and earn returns from interest on the loan. Lenders are set to receive returns of 5% for every loan they assist in funding.

Already, EXLE has started providing loans with funds from ErgoRaffle. The recipient of one loan, Margaret Mama Gibby, received $2,500, which she will repay over a period of 12 months beginning in September 2022. 

An additional loan of $3,000 recently reached that amount with funds remaining from the initial loan. The borrower, Grace Lotoom, is establishing a cyber cafe with the funds, and will also start to repay the funds in September on a 12-month term. The team behind EXLE believes that nearly 20,000 borrowers will seek loans in the coming year.

Ergo has many distinct use cases, the primary being the creation of DApps. As mentioned previously, DApps such as SigmaUSD, Ergo Auction House and ErgoMixer all have different uses. For instance, SigmaUSD is a decentralized stablecoin that has been pegged to the U.S. dollar. On the other hand, the Ergo Auction House supports NFT auctions. By allowing different types of DApps to be created, Ergo's use cases will expand over time.

ERG is the token for the Ergo platform and is considered to be deflationary. It has a maximum supply of 97,739,925 ERG tokens. 

Block rewards have consistently been decreasing by 3 ERG per block ever since 2021 — two years after the token was launched. At the launching of this platform, block rewards were at 75 ERG. According to the original emission schedule, once eight years have passed, these rewards will reach zero. After which, miners will be compensated with the fees collected from transactions and Storage Rent. 

 was introduced on June 22, 2022 with alterations to the original emission curve. This plan allows for a percentage of block rewards to be placed in a remission contract such that it extends the schedule by 17.38 years to 2045. Current block rewards are at 63 ERG per block, and once the emission schedule decreases to 3 ERG per block, miners will receive the same amount of rewards until the remission contract depletes.

The current ERG price is around $3.17, which is up significantly from the $2.0377 price on August 10. The current market cap for this coin is approximately $101 million. More than 32 million ERG are in circulation today.

Ergo, an ever-evolving crypto platform, is currently developing a crowdfunding platform as well as a decentralized exchange. Additionally, the platform wants to continue growing for the foreseeable future. Ergo's road map is a lengthy one, with potential refinements that include refundable ICOs, private swaps and an ErgoPay feature. Because of the large number of features the platform is adding on a regular basis, the Ergo team believes that new users will be attracted to the platform, which could result in the value of ERG increasing.

There are many reasons why Ergo can be considered a good investment. The platform takes its strongest features from both Bitcoin and Ethereum, which helps it minimize potential problems. If your main goal when investing in cryptocurrencies is to use a platform that offers transaction privacy, Ergo could be a great investment. It’s not supported by venture capitalists, who prefer transaction transparency, which indicates that the platform offers ample privacy.

The growth of its token largely depends on community engagement and support from DApp developers. If you're unsure about the future growth potential of this token, the somewhat low price of ERG means you can add it to your portfolio without needing to make a sizable investment.

Ergo is a unique platform that offers valuable features and functionality that aren't readily available with other crypto projects. While Ethereum is also a programmable blockchain, it comes with high gas fees, a problem that Ergo deftly avoids. Whether you want to make trades with or mine ERG, the Ergo platform has plenty of existing use cases — with more to come.

What Is Ergo Crypto: Combining the Best of Bitcoin & Ethereum

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards