The launch of the much-anticipated Telegram bot Banana Gun’s native token BANANA could not have gone worse, with the price of the newly launched BANANA falling from a peak of $8.70 to $0.02 in less than 3 hours after launch.
Some crypto users were quick to call it out, accusing it of being a “pull,” however, Banana Gun’s official Despite two reviews”.
announcement
There is an error in our contract that cannot be fixed.Despite two audits, there is still a bug in our tax contract that allows people to sell their bags while keeping the tax tokens in their wallets.
1. The first step is to sell the treasury wallet to deplete LP…
— Banana Gun (@BananaGunBot) September 11, 2023
However, the Banana Gun team and its so-called auditors may be left blushing after an anonymous coder, MisterChoc, claimed to have discovered the flaw in seconds using OpenAI’s chatbot ChatGPT.
Banana claims they conducted two audits. So I asked for a third one from my favorite moderator: ChatGPT
and found this bug pic.twitter.com/F1GCtmEiSs
—MisterCh0c (@Mister_Ch0c) September 11, 2023
banana gun team Overview The “path forward” for users caught in the crossfire states that the first step is to sell treasury wallets to deplete liquidity pools for new contracts.
Additionally, the team claims that the token will be relaunched via airdrop soon to ensure that unlucky BANANA investors are compensated while the new contract is reviewed.
related: Telegram trading bots are hot, but don’t trust their hosting – security firm
In this case, ChatGPT has been praised for its ability to quickly find flaws, but experts continue to warn against using artificial intelligence to write and audit code.
CertiK chief security officer Kang Li said in an interview with Cointelegraph on September 5 that ChatGPT and other artificial intelligence assistants may produce more errors than they are capable of identifying, which may be a problem for amateur programmers who want to build their own projects. Catastrophic.
Banana Gun is one of the latest and most dominant entrants into the bot trading space on Telegram, pioneered by the huge success of Unibot. Since Unibot, Telegram bot trading has grown significantly in popularity among degen traders looking to quickly snipe new coins and find airdrops more efficiently.
According to data from Dune Analytics, DEX trading bots set a record daily trading volume of $16.7 million on August 29.
Big question: What happened to the cryptocurrency death incident?
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