Six Green Weeks Streak Broken: Crypto Sees First Red Week, TON Cooling Off, and Memecoins (Including BANANA) Looking for Momentum
Six Green Weeks Streak Broken: Crypto Sees First Red Week, TON Cooling Off, and Memecoins (Including BANANA) Looking for Momentum
Crypto investment products ended their hot streak. After six straight green weeks (peaking at 857.9M inflows), last week turned red with around 920M in outflows. Bitcoin led the selling as the market turned more cautious. Total AUM pulled back from recent highs.
TON Heating Up… then sharp pullback
TON had a strong early-May run, pumping 50-60%+ on Telegram momentum, Pavel Durov’s support, ecosystem upgrades, and growing on-chain activity. Now it’s correcting, trading in the 1.90–2.00 area after hitting higher levels. Many are calling this healthy profit-taking rather than a full reversal, with Telegram integrations and memecoin activity still providing solid tailwinds.
Memecoins Trying to Revive + Spotlight on BANANA
The meme sector remains selective. Solana continues to lead most of the sporadic action (WIF, BONK, PEPE etc.), while TON memes had their moment during TON’s pump but cooled off with the token.
One project standing out is BANANA (Banana Gun), the token tied to a leading Telegram trading bot:
- Strong real utility: Banana Gun bot continues to deliver solid volume even in quieter market conditions
- Lifetime stats: 15B+ total trading volume and 24M+ trades executed, with over 1M registered users
- Revenue sharing: 40% of platform fees distributed directly to BANANA holders every 4 hours
The bot is well known for speed, MEV protection, sniping tools, and multi-chain trading through its Telegram interface and Pro web terminal.
TL;DR:
- 6-week institutional inflow streak broken → first red week
- TON: big pump followed by healthy correction
- Memecoins selective, with BANANA standing out thanks to real bot revenue and fee sharing
Bitcoin is hovering near the 76k–78k range. We’re in a consolidation phase where projects with actual utility and revenue could differentiate themselves.