FUN Token Surges 17% After CertiK 'AA' Rating, $5M Prize Pool, and Record $99M Volume
FUNToken (FUNUSDT) has experienced a significant price increase in the last 24 hours, rising by 17.43% to $0.021565 on Binance, with trading volume reaching up to $99.86 million. The recent bullish momentum is attributed to strong buying activity, positive technical indicators such as trading above key moving averages, and heightened interest following the announcement of an 'AA' security rating from CertiK and the launch of a $5 million prize pool promotion. Additional factors contributing to the price surge include the introduction of FUNUSDT perpetual futures contracts on major exchanges earlier this year and increased social media attention. Market metrics show high volatility, with the token reaching a daily high of $0.02155 and a low of $0.012924, and a market capitalization estimated at around $180.65 million. The top 5 wallets control 86.07% of the supply, indicating concentrated ownership.