Can You Make Money on Elysium? A Beginner’s Honest Guide to Trading It With Banana Gun

Yes, you can make money on Elysium, but nothing promises it, and the honest route starts small. Banana Gun, a Telegram trading bot, said it will be live on Elysium from mainnet launch, so you can learn Banana Gun before the first launches arrive.

Think of this as a pre-flight check for your first week on a brand-new chain.

Where do people make money on a new chain?

On a new chain, the first prices are set by the first traders who show up. That early window is the opportunity, and it is open to beginners and veterans alike.

Kinetiq set Elysium’s mainnet for 9 Nov 2026. Day-one partners named in Banana Gun’s blog include the launchpads Montra and Citadel, the DEXes Nest and Dawn and the prediction market app Speculate.

Banana Gun’s blog says: “Two launchpads on day 1. Expect fresh token launches early.”

Fresh launches are the opportunity. They are also where most of the risk sits, so the sections below show you how to read a new pool before you put money into it.

Why start with a Telegram trading bot like Banana Gun?

Because you need a tool you already know before a chain gets busy. Banana Gun turned on Robinhood Chain support on its opening day, 1 Jul 2026, with no waitlist, according to its own blog.

bananagun.io showed 26M+ lifetime trades, $16B+ lifetime volume and 1.5M+ lifetime users when we read it on 3 Nov 2026. Those are the site’s own figures, but they show a bot that has been through many chain launches.

Elysium already appears in the bot’s chain list, as of 2 Nov 2026. Once mainnet opens, check which Banana Gun features are switched on for Elysium there.

Banana Gun also offers copy trading on other chains, such as HyperEVM, Solana and Robinhood Chain. Here is how copy trading works: you pick a wallet and your account mirrors its trades. Whether it runs on Elysium is something to confirm at launch.

What costs beginners money on Elysium?

A few things, and all of them are avoidable once you know them.

Thin pools come first. A new token with little liquidity moves sharply on a small order, so you can buy at one price and watch your sell fill far lower. Banana Gun’s token view shows current price and liquidity before you buy, so read both.

Slippage is next. Banana Gun’s first-trade guide suggests 1-3% for liquid tokens and 5-15% for volatile or thin ones. Higher slippage raises sandwich attack risk, because the tolerance you set is the room a bot has to work with.

The sandwich post puts numbers on it: a 2% tolerance on a $5,000 swap leaves a bot $100 to extract.

Cloned tokens are the third cost. Copycat names and tickers appear around every hot launch, so paste the contract address from an official channel instead of searching by name. Fake contract addresses, the guide says, are among the commonest ways traders lose money.

Then there is the plumbing. Withdrawals are standard optimistic ones with a challenge period, per the Elysium docs, so bridge only what you plan to trade. The same docs, updated 2 Nov 2026, call Elysium pre-launch, with details open to change.

How much should a beginner trade first?

Less than feels exciting. Pick an amount you can lose without it changing your week, and treat the first few trades as paid lessons in how the bot, the pools and the fees behave.

Decide your exit before you buy. Write down the price where you take profit and the price where you walk away, then stick to it. If a trade goes against you, the written plan makes the exit a decision you already made, not a panic click.

Keep a short log of each trade: the token, the address you verified, the slippage you set and what you paid. A few honest entries teach you more about a new chain than any thread does.

A community testnet benchmark quoted by Banana Gun’s blog showed about 5.8x cheaper transactions versus HyperEVM. Lower fees help, but they do not replace a plan.

That is a testnet number, so mainnet may look different. Cheaper transactions mean smaller costs per trade, which matters when you start small, and a small first position keeps one clone or one thin pool from turning a mistake into a bad month.

What is the honest answer on making money on Elysium?

Some traders will make money on Elysium, some will not, and the gap is mostly preparation. Nobody can tell you which launches will do well, and this guide will not pretend to.

What you can control is the setup: a funded wallet, a verified contract address, sensible slippage, a small size and a written exit. That puts you ahead of anyone who shows up without one.

Start with a small amount of HYPE, learn the buy screen on Banana Gun, and log every trade. A beginner with a routine on day one has a real shot, and Elysium gives you a fresh chain to start that routine on.