FUN Token Surges 16.76% on Binance as Whale Sells 20M and Trading Volume Hits $130M

FUNUSDT experienced a significant price increase in the past 24 hours, rising by 16.76% to $0.014898 on Binance. This surge is attributed to a bullish breakout above key resistance levels, supported by strong trading volume and positive technical indicators. Market sentiment has been further influenced by a large whale address reducing its holdings by 20 million FUN, which, combined with heightened trading activity, contributed to increased volatility. Additionally, recent news such as the delisting of FUNUSDT perpetual futures on Phemex and the earlier expansion of leveraged trading on major exchanges have impacted market dynamics.

Currently, FUNToken is trading at $0.014898 with a 24-hour trading volume of approximately $130 million and a market capitalization of around $151 million. The asset has shown robust upward momentum, with a 24-hour price range between $0.010780 and $0.015100, and remains actively traded on leading exchanges including Binance.