Justin Sun spent 200 million to buy the most expensive banana in history, "Comedian". Will $BAN still have a chance to rise?

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BlockTempo
2 days ago
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Today, TRON founder Justin Sun posted stating that he has purchased the iconic work "Comedian" by Italian artist Maurizio Cattelan for $6.2 million (NT$201 million). Although this work is very simple, just a banana taped to a wall, it has become an important page in the history of modern art due to its unique interpretation of the concept of art and the huge uproar it has caused. Justin Sun said: "I'm thrilled to announce that I've bought the banana🍌 !!! @SpaceX @Sothebys I am Justin Sun, and I'm excited to share that I have successfully acquired Maurizio Cattelan's iconic work, Comedian for $6.2 million. This is not just an artwork; it represents a cultural phenomenon..." "Comedian" first appeared at Art Basel Miami in 2019. The form of the work is simple and direct: a banana is fixed to the wall with tape, and the banana is replaced when it rots. Artist Maurizio Cattelan emphasizes that the true art lies in the "concept" rather than the object itself. During the previous exhibitions, the performance artist David Datuna also caused a sensation by removing and eating the exhibited banana. The gallery quickly replaced it with another banana. In fact, this work was auctioned at Sotheby's in 2019 and sold for $120,000, already causing a heated discussion on social media at the time. Last month, the market estimated the auction price to be between $1 million and $1.5 million, but unexpectedly, Justin Sun bought it for 4 to 6 times the price at $6.2 million. The version auctioned at Sotheby's this time is the second of three versions, all of which were sold that year, and one of the bananas is currently donated to the Guggenheim Museum. Netizens joked: "It's just for those who understand!" "Justin Sun is harvesting leeks to buy bananas," "Next time I'll give you a banana leaf!" Some also pointed out that the core of this work is to record people's pursuit of sensation and attention, rather than just a banana. On the other hand, the meme coin BAN on the SOL chain, which was ignited by this incident, has been continuously declining in price since reaching its peak on the 18th, closing at $0.1676 before the deadline, and the heat seems to have passed.

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