Surge of 25%! Bottom Fishing or Warning?
$FUN has been 'crazy' today, skyrocketing to 0.0042, with a 25% increase in just one day, and market enthusiasm has suddenly surged.
Behind this wave of increase, there are two key factors 'propelling' it.
On one hand, there are market rumors of a large number of tokens being unlocked, and news of account thawing is circulating in the community. Many are thinking of taking a gamble and are rushing in.
On the other hand, the parent company Baton has hired a top legal team to handle the class action lawsuit. If they win the case, the regulatory risk can be greatly reduced.
Short term
However, this lawsuit is like a ticking time bomb. After the surge in FUN prices, those who made profits before are likely to dump and run at any moment, so short-term investors should be cautious!
From a long-term perspective, the game demand for the FunFair ecosystem is about to explode. If there's a pullback now, it might just be a perfect bottom-fishing opportunity, like falling into a 'gold mine'.
