$FUN
This coin, this operator, is different from other altcoins; you really can't use old thinking to interpret this operator's intentions.
For other coins, the operator wouldn't allow long positions to benefit from both fees and price increases, but this one truly can.
This operator seems to genuinely want to make this coin successful; such a high funding rate, refreshed every hour, is essentially declaring war on the short sellers.
The operator runs a casino, this coin has practical value, and they are likely serious about enhancing the liquidity of this coin to serve the casino.