Quote from: dwyane36 on March 30, 2023, 07:21:06 PM

Quote from: Betwrong on March 28, 2023, 02:03:20 PM

Yep, I think so too. There was time in 2018 when FUN token costed $0.19. And I'm not talking about the initial pump, $0.34 on the 1st of July 2017, I'm talking about the time more than a year later, when after dropping to $0.013 in November 2017 FUN token had risen to $0.19 in September 2018. Since FUN is not dead and has over $70 million trading volume, it can be somewhere around $0.20 in the future again. I'm not encouraging you to start investing in FUN token all your money, but investing a dollar or two, why not? Just for fun.

$71 million is the current market cap of the FUN token, while the daily trading volume is less than $1 million. Honestly, it seems unrealistic to me that the FUN token can grow up to 20 cents in the future. I assume that even 5 cents per token might be a very difficult task, given the current situation in the altcoin market. The developers would probably have to either come up with some new unique updates for the token or find a new way to significantly reduce the circulating supply.

How relevant is this event?

"Apr 11 2023
FUNToken completed its 7th token burn, burning a total of 19,806,555 $FUN."
https://funtoken.io/funtoken-successfully-completes-its-7th-quarterly-token-burn/