Quote from: pawanjain on Today at 03:44:36 PM

Quote from: hosemary on February 28, 2025, 10:14:31 PM

Quote from: Fivestar4everMVP on February 28, 2025, 09:47:32 PM

But I have a question though, if freebitco shuts down, what becomes of fun token?

FUN token existed even before becoming available on freebitco and as far as I know, it can be used for gambling on DPLAY.
After freebitco shuts down, FUN may drop in price more, but I expect it to be still available on some exchanges.

FUN even has its own website and according to their roadmap (assuming they are not lying), there should be some developments.

That's right. Even if freebitco.in shuts down the FUN token will still operate as it does because freebitco.in was just a partner and not the owner of the FUN token project.
FUN token owners are still operating but the fall of freebitco.in has surely impacted the price of FUN token.
The price has depreciated so much over the last few quarters that it's almost going to 1 satoshi in the next few months if it keeps going this way.

I'll write this down as a general rule but I dont disagree as such with any opinions as people can do as they want. Price of any asset is not an absolute, its more of a label that can vary and match whatever the market wants it to be.
FBC might be the biggest operator and user of this token but if as you said the token lives on regardless, it seems fairly obvious we are seeing selling pressure more then anything its liquidity not an absolute change in value.

I would advise alot of caution in the alt market as some want you to sell out, the extremes are easily possible with such liquid markets. Doge coin went to 1 sat, went under that price off the books I dont doubt some dumped it at even lower prices. Yet it was worth more just not in that exact moment.
There are some quite ruthless trades and tactics used to game people on order books, I dont deal these markets and I dont hold many alt coins like when everyone used to be mining them etc. Just from what I remember you got to be ready for giant swings even larger then BTC experiences; I do think this or almost any token can go up again despite the expectations.
Long term I dont know, would require alot more consideration but I dont see the business sense in losing a reasonable active prospect doesnt make alot of sense to me.

Also when BTC goes down in value, thats the common denominator. It relieves pressure on the price, maybe not immediately and perhaps its not enough but other times Ive seen BTC sell off and ALT coins boom its quite amazing. I was richer when BTC was going down quite often, back when I held many alt coins that is.
The market can be ironic and unpredictable, I think BTC rises longer out but negative until spring closes out perhaps is fair as its done similar previous.