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Telegram trading bot Banana Gun exceeds daily volume of $16m

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According to recent data compiled on Dune Analytics, Banana Gun, a Telegram DEX trading bot, has shown daily trading volume of over $16 million. This is part of a growing trend in bot usage, which is now estimated to exceed a cumulative total of $4 billion. Banana bot active users The Dune Analytics dashboard shows that the trading bot registers approximately 19,000 trades daily among its 3,000 active users. Since its inception in June, the platform has garnered a substantial user base, boasting almost 46,046 lifetime users. This popularity is reflected in its lifetime trading volume , which has reached a substantial $589 million. Banana Gun Bot | Source: DuneAnalytics Banana Gun is just one of the categories of trading bots that developers create for users to easily trade meme coins, farm airdrops, and bridge tokens.  You might also like: Dune analytics finds false data on Uniswap’s NFT aggregator A subject of hacking Unfortunately, alon...