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Quote from: babygun on December 26, 2023, 07:28:07 PM

It is true, that the value of the tokens has only go downwards and there is no real reason why it suddenly would go up. While I love freebitco.in, I feel like there is not a lot going on with the development of the FUN tokens and I think we all expected more from it.

The market isn't always rational and occasionally we get some really big pumps like the one from a few weeks ago when the price went up by more than double. This has significantly cut my losses and I expect that next year I will turn a profit. The token still needs more exposure and utility. I'm sure they're aware of some of these shortcomings and hopefully we will see some improvement in the new year.

That pump certainly helped and the value is still here than it was before, but compared to the BTC prize, the prize is still very low. Right now, it is again trading at around 18 satoshis, while when it got launched the initial price was above 100 satoshis. While we might see some improvement, I doubt that that price will be reached again anytime soon.

If the freebitcoin team hadn't noticed the FUN token and integrated it into its site, the FUN token's price would have been much worse now, and it's unlikely that anyone would have been interested in it.
Obviously, if users lock their FUN tokens on the site, then 17-18 sats is not the price they would like to see. However, I think there is still a possibility that the FUN token could go back above 100 sats after the BTC halving and the subsequent bull run in the market.

That would be great, but just a bullrun will not be sufficient to drive the prize over 100 satoshis, I think. Because it needs to clearly outperform the bitcoin prize before we will see a prize like that. Everything is possible in crypto offcourse but even if the prize would be able to hit 50-60 satoshis, than a lot of members will already be happy with that.

18 satoshis is still very low considering that it was around 45 satoshis when BTC price was around $45k in Sep 2021.
Right now BTC price is around $42k yet FUN token is still only 18 satoshis.
Even I have locked FUN tokens for a year and I hope the price recovers to atleast above 40 sats.