Post
Topic
Board Micro Earnings
Re: FreeBitco.in-$200 FreeBTC🏎Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
TheQuin
on 18/02/2021, 03:08:02 UTC
That's why I decided to wait it out. I wasn't sure if the hype from being added to Freebitco.in would be enough to sustain the price. FUN has not really been adopted for the original purpose it was intended for and the project had been stagnant for years. If you look at the tokenholders chart you will see that only a few wallets control most of the supply. It only takes a few whales dumping their coins to bring the price down.

The big wallets other than the exchanges are the cold wallets of the founders.

https://funfair.io/the-fun-token/
Quote
Fun Supply
All FUN tokens that will ever exist were created in the Token Event on 22 June 2017. No more will ever be created. Tokens held by FunFair founders are locked and released over an 18 month period.

TOTAL FUN IN CIRCULATION NOV 2017
4,250,000,000
TOTAL FUN HELD IN COLD STORAGE
4,450,994,434
TOTAL FUN HELD BY FUNFAIR FOUNDERS
2,299,005,566
TOTAL FUN
11,000,000,000

The 18 month selling period ended a couple of years ago the current status according to CMC is:

https://coinmarketcap.com/currencies/funfair/
Quote
FunFair Supply
Circulating Supply   6,548,879,189 FUN
Total Supply   10,999,873,621 FUN