Post
Topic
Board Gambling
Re: Freebitco.in - FUN Token Investment Experiment
by
STT
on 08/12/2024, 15:38:09 UTC
I was just reading on the FUN token and its advanced to triple its market cap in the last month or so which is impressive but its not kept up with BTC which is hard to do.

The main knock to his investment idea was the reduction in prizes given perhaps.  If we consider the above that BTC growth is outsized part of gains compartively.  So the prizes were initially 5000 I think including the BTC prize so OP as part of his FUN token been gaining some yield in BTC.

   Hence he would have partaken in the recent BTC growth, thats greatly reduced to the scenario now.   Even worse the reduced pay for the spins cant be written in as the spins have not been yielding or even given out for some months.   So thats looking bad, apparently its going to be fixed but at present there is some default on his whole investment thesis.
   The project for that FUN token does seem to be actively improving so hope that works out.   Which tokens have outperformed BTC since OP date, Im ready to be impressed but its surely not easy to do.