Some FUN token holders, especially those who invested in 2018, may also say that a rug pull occurred. If we look at the price in sats equivalent, the situation for such holders is even worse.
By the way, what about the results of the 11th round of the Lambo lottery? As I understand it, they just skipped it as if it never happened.
Poor performance by a token is not necessarily evidence of a rug pull. At least the FUN token is still being used and promoted so many years after its release. With regard to questions about the lottery, it would be a good idea for the site to have a representative interact here or at least address technical issues in a blog.
It’s almost a rug pull because this token has no use case for so many years since all the project building with this token becomes dead that’s why Freebitco.in manage to accumulate huge token allocation from this dying project.
I think they are still on that same state aside from the recent hype that now slowly fading.
Lastly, FUN token doesn’t represent solely freebitco.in. This casino still can exit scam and still gain from their token holdings if they decided to sold now.
Freebitco.in may be accumulating the FUN token, but it looks to me like it's actually being staked by users. If it's being staked by users, I can see the argument about the token's centralization, but I don't see the argument that it lacks a use
-case. With a market cap of $67 million, I don't see why the platform would get rid of the token, but maybe I am missing something.