That is true although we did see a little gain in FUN tokens price but may be that was because the market was pumping at that time anyway.
Right now the price has fall down sharply and the market does not seem to recover well any time soon.
This gives us a good opportunity to buy these tokens at a lower price. Staying up to date with the price would be better as we never know when the market would rise again.
that's the problem with all tokens though, they always get dumped after some time passes and continue going down at a slower speed. the market is just too overcrowded for any altcoin to be able to grow for long and people lose interest in the already pumped coins and want to try their luck in new not yet pumped coins.
Yes but don't forget a token burning program has been announced 10 days ago and a first burn event is already scheduled for the end of this summer (end of Q3 2021). Moreover the new "L2" token should also be launched during this quarter.
Burn Strategy
For all in-house operations such as the soon to be launched decentralized casino we will commit to burning no less than 50% of any profits after costs. These burns will take place on a quarterly basis with the first burn event taking place at the end of Q3 2021. We will also be introducing lay staking which will provide the opportunity for token holders to participate in the profits from in-house operations. Details of this will of course vary according to the gaming operation.
https://funtoken.io/2021-q2-burn-and-strategy-statement/How popular can a FUN only casino possibly be? They are only getting about 5 deposits per day on Dplay. There will be very few profits to burn at the pace things are going so far. Maybe they will improve things but right now it is not user friendly and I don't think it will have much of a positive effect on the price in the near future.