Alot of alts have never recovered to their previous ATH even with bullruns. One instance is the Biswap; that thing tanked 90% compared to it's early 2022 pricing.
On the bright side, FUN tokens makes up with them free spins and slightly higher interest rates. Ain't complaining.
A lot is quite an understatement. Tiny fraction of them have recoverd. Most of them not and have flat our died, abandoned, slow rugged or just not developed at all. And funny enough, even some died ones raises occasionally from the dead to zombie-like walk before dying again. That's probably because of bot trading. I don't see FUN dying like that as it always will have a community behind it and tokenomics make sense.
It could drop in price for sure but it will most likely always get traded as it makes more and more sense to buy it the cheaper it is. Because it has an usecase other than trading.