FUN Token Sees 11.67% Price Dip After 25M Burn and AI Rewards Fuel Ecosystem Growth
FUNUSDT experienced a notable 11.67% price decline over the past 24 hours, with the current price at $0.009962 (Binance data), down from a 24h open of $0.011278. This short-term drop follows a period of strong price appreciation earlier in the week, driven by the recent burn of 25 million FUN tokens and increased community engagement, including the launch of an AI-powered reward system and expanding use cases in gaming and NFTs. Despite the recent dip, overall market sentiment remains influenced by ongoing token burns and ecosystem growth initiatives, with the circulating supply at approximately 10.6 billion FUN, a market cap near $75.7 million, and 24-hour trading volume around $7.2 million. The current market phase reflects consolidation after rapid gains, as recent positive developments are digested by the market.