If the FUN token falls further down, investors will buy this token again because it is a discount price that they can enjoy. After that, they can keep it for the long term while enjoying their investment in freebitco.
I think maybe I'm one of those who will also buy FUN tokens if the price goes down again because of the effect of the Bitcoin price going down, but I don't think it will go down drastically because of the FTX effect, of course they will gradually sell all their assets, especially as many of them will buy at the bottom price when the price of bitcoin falls below $25k, when the price touches below it there is always an increase to above $26k again.
It looks like buying support in the $25k price area is stronger but we can't see that for now because if FTX does a price dumper everything will definitely have a price drop effect at $20k, it seems what other friends here have said is also true that they will selling it in stages to do that, its like the mtgox thing too, next year the halving takes a chance on the cheap I'm sure everyone loves it.
I saw a news update this morning that court have finally granted FTX the permission to liquidate the crypto assets they hold..
And Bitcoin is still on the rise even with that news all over the internet, I personally was expecting investors to panic and start selling immediately the news is out the the liquidation permission have been granted, but what I am seeing here is absolutely the opposite of what I expected..
It's all good though, it is my prayer also that the sell off will not take a toll on the market, I believe FTX will know well not to dump every thing all at once, they will be selling bit by bit in a way the market won't feel the impact, if they dump everything at once, then it simply means they don't mean well for crypto .