After GUN coin was listed on Binance, the market experienced severe fluctuations, currently priced at $0.07 (-21%), with a market cap of 46 million and a trading volume of 400 million.

Reasons for the sharp rise and fall:

1. Low circulation control: Only 6% in circulation, manipulators pump the price and then dump it, retail investors take over.

2. GameFi concept hype: Focused on AAA game public chains, but there is little on-chain data, leading to skepticism about being a 'single-player chain'.

Market outlook:

Short term: Support at 0.07, if it breaks, look for 0.05; oversold may rebound to 0.08.

Medium term: If it holds above 0.06, it may fluctuate, otherwise risks increase.

Long term: Depends on whether the gaming ecosystem (such as 'Off The Grid') can be realized; success could see prices at 0.3-0.5, failure could lead to zero.

Risk warning: High control + concept bubble, participate with caution. #GUN