Banana Gun’s native token, BANANA faced a crypto catastrophe due to a software bug in their contract system, causing a nosedive of over 99% in its value. The bug gave the firm undue leverage, remaining unnoticed despite two audits. After receiving backlash, Banana Gun proposed reimbursement courses for the victims, including a relaunch and an airdrop of funds, adding a promise of a successful audit prior to the relaunch.