And if we are to look at this from a different angle, the fact that the price of fun token climbed to 8 Satoshies and have remained in that level for quite a long time now isn't also a good sign, it is very possible that those or whoever bought a lot of fun token to drive the price to where it is currently was hoping or expecting other investors to fomo into the fun, thereby driving the price much higher so that he or they will sell the bag they bought cheap at a higher rate, but unfortunately, no one fomoed into the cryptocurrency and the price has remained where those who initially bought it left it off..
What this means is that, if this investor will sell at this price, he or she or they will lose money, so he or she or they have no choice but to hold onto the fun bag and wait to see if other investors will pick interest, and this is a possible reason why the price seemingly is stable at the current price..
Stability of a cryptocurrency can be as a result of several factors, and one of such factors is lack of interest in the crypto asset, which also results in low trading volume.
Well, the FUN token is dropping like a rock (down 13 percent in 24 h). Then again, one thing that stands out to me is the super-high volume - in the last 24 h at $10.86 million according to CMC. A token with that much volume is anything but dead, unless the volume is from wash trading. What strikes me about this token is the very high percentage of staking - that's an indication of a use-case. I'm open to being corrected about this, though.