The price was around $0.0033 2 weeks back and is now around $0.014 so yeah that's more than three times.
You are right about the increase in the price.
dwyane36 said that "
The price actually increased more than three times in such a short period of time, i.e., after the listing on Poloniex." and my point was that the price didn't increase that much after the the token being listed on Poloniex. Funtoken was listed on Poloniex 2 days ago and its price has increased by around 40% since that time.
What makes you think that the FUN token listing on Poloniex was 2 days ago? Poloniex itself published an
announcement about FUN token listing on June 24, and trading for FUN/USDT started on June 25. If you go to Poloniex, you can see that a graph and activity appeared just from June 25, not 2 days ago.
However, I was also wrong, saying that there was a 3 times increase after the listing. More precisely, this growth started on June 17. I guess the freebitcoin team or some other insiders started buying tokens even a week before the official announcement.
Whatever the case may be, the thing is that FUN token has indeed seen a significant surge in price lately.
While it could be that freebitco.in team would have manipulated the price, it could be also be that insiders might have leveraged this news.
Anyway, the thing is whether this increase our chances of investing in the token ? Definitely not for me after seeing how freebitco.in has been handling the issues last year.