Sold for $6.2 million at a Sotheby's auction.
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🍌 The $6.2 Million Artwork
The piece consists of a real banana duct-taped to a wall. It was purchased in November 2024 by Justin Sun, the founder of the TRON blockchain.
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The Purchase: Sun outbid six others at Sotheby's in New York, paying $6.24 million (including fees).
The Consumption: On November 29, 2024, Sun famously ate the banana during a press conference in Hong Kong, claiming it was part of the "artistic experience".
What was bought: The buyer actually owns a certificate of authenticity and instructions on how to replace the banana as it rots.
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💹 Connection to Binance and Crypto
The event has significant ties to the crypto world and Binance specifically:
Meme Coins: The auction fueled a massive surge in the BAN meme coin. On Binance Square, traders track these "banana-themed" assets, which often react to news about Sun or the artwork.
Market Impact: Shortly after the purchase, the market value for related tokens like Banana Gun (BANANA) and others saw volatile shifts.
Today's Update (April 23, 2026): According to Binance News, Donald Trump Jr. and Eric Trump recently criticized the purchase as "absurd" following a new lawsuit filed by Sun.