FUNToken Price Prediction – What is $FUN Gaming Token?

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FUNToken is a GameFi ecosystem that has experienced multiple periods of extreme volatility since its launch. Now up by more than 8% in the last seven days, the project has introduced numerous new perks and a new look to entice gamers. 

Can it keep up the current momentum and climb further?

What is FUNToken?

The official website describes the FUNToken project as a decentralized gaming ecosystem designed to create a series of “seamless, secure, and fair gaming experiences.” The project’s native crypto—FUN—has already been trading on multiple cryptocurrency exchanges and has gathered a large following on Twitter and other social media platforms. 

The project is essentially a decentralized gaming hub that allows developers to create and monetize their games. According to the website, the ecosystem specializes in offering fast and secure in-game transactions while establishing a robust community for developers to interact with each other. 

The seed fund is the most notable addition to the project. It invites developers to engage with this decentralized gaming ecosystem and create dApps. Winners will receive 20 million FUN tokens. 

For 2024, the project has created an entire roadmap and has overhauled the website’s look. Multiple developments have been planned, including a Telegram Engagement Game, Creator Academy, Casual NFT Games, FunHub Storefront, and more. 

FUNToken Price History 

FUN first entered the market in 2017 and quickly gained traction due to the bull run that year. As a result, it reached its all-time high of $0.1768 before correcting. 

The token’s correction was drastic, dropping its value around the $0.003 mark. FUN traded sideways around this level over three years before the 2021 bull pushed its price again. 

However, the second bull run couldn’t increase the token’s value beyond the $0.005 mark, and since then, it has traded between the $0.003 and $0.0035 levels. 

In the last seven days, the token’s value has increased slightly, surged by more than 8% to reach around $0.0033, and now has a market capitalization of more than $36 million.

FUNToken Price Prediction

Since the beginning of August 2024, FUNToken has been volatile. Since August 5th, 2024, the FUN price has increased by more than 25%.

This surge is likely due to the current market dynamics and the roadmap reveal. The recent lottery has also contributed to pushing the value of this gaming crypto up.

Based on the current factors, we can give a short and long-term price prediction for the token. 

Short-Term Price Prediction

In the short term, the FUN token can experience a marginal price increase, given that the MACD indicator shows the lines moving upwards towards the green. However, to reach the highest value it achieved in 2024, it has to increase by 265%, which can be difficult since the buzz around this asset is still sparse. 

Our conservative estimate is that if the project continues to promote its social media perks, it could cross the $0.006 resistance (0.618 fibs).

Long-Term Price Prediction

2025 will mark a year after Bitcoin Halving, and crypto personalities such as Arthur Hayes have predicted that the BTC price could surge to $100k that year. 

If that happens, the meme coin ecosystem will experience an exponential increase, making it possible for FUNToken to test its previous highs. Under the right market conditions and provided that FUNToken does bring new games to its ecosystem, the token can cross the $0.1 mark by Q2 2025. 

Memebet Token – Another High-Potential Gaming Token

Those looking to further diversify their investments should also consider picking gaming cryptos that are available as presales. One of the high-potential tokens on the market right now is Memebet Token. 

Powering the world’s first meme coin-exclusive crypto casino, Memebet Token has been described in its official whitepaper as degen’s delight. 

The casino in development will only accept wagers in meme coins, fueling the randomness of casino game outcomes with the volatility of the crypto asset. 

Multiple games, including global sports betting opportunities, have been planned for the ecosystem. Furthermore, the platform is trying to establish a foothold on Telegram, giving users the advantage of playing on a no-KYC gaming site. 

Available on presale, Memebet Token raised more than $200k within days of its launch. The token is currently available at a discount price of $0.0251. 

The token has already been covered by influencers like Cryptonews, who have discussed its 100x potential. 

Its unique premise and meme coin-specific utility could also give it an explosive start after the presale concludes. With its gaming perks, this project may have long-term value. 

*Cryptonomist did not write the article or test the platform.