It seems to me that it is rising thanks to the rise in the price of bitcoin, as this token is not owned by FreeBitco, it is only being used in FreeBitco, so people are less afraid to buy because they have understood that even if FreeBitco disappeared, this token would not die. also combined with the fact that the price of bitcoin is rising a lot, the price of this token has also risen. of course there may also be factors such as pump and dump coming from the owners of FreeBitco, I am not trying to accuse the owners of FreeBitco. I am just commenting on the various possibilities.
FreeBitco.in didn’t just adopt the token but they took ownership of the smart contract as admitted by TheQuin.
It isn't a misconception. We bought out the majority of the cold storage and now control the smart contract.
They might be registered as separate companies, but wetsuit is in charge or at least has a significant role in both of them. The problems at FreeBitco.in could be a result of them deciding to prioritize FUN token over their casino.