🔍 Simplified Technical Analysis of FUN Token: 1. General Trend
The currency has been in a long-term downtrend since 2021.
There were short-term increases at the beginning of 2024 due to a general recovery in the cryptocurrency market.
Currently, it is moving sideways between narrow support and resistance levels.
2. Key Support and Resistance
Strong Support: $0.0035 – $0.0040
Stubborn Resistance: $0.0065 – $0.0072
3. Technical Indicators
RSI: Near 50 → Neutral currently.
MACD: Slight negative crossover → No strong upward momentum currently.
Moving Averages: Price is below the 200-day average → Still under pressure.
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📈 Short-Term Outlook
If it breaks the resistance at $0.0072, we might see it reach $0.009 or even $0.01.
If it breaks the support at $0.0035, it could drop quickly to $0.0028 or lower.
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🔑 Investment Advice:
The currency is suitable for quick speculation only, and not for long-term investment.
Use a Stop Loss if you enter.
Keep an eye on any new news on the project’s website or X (formerly Twitter) because any partnership or announcement could suddenly raise the price. $FUN ---
🔍 My Opinion:
FUN Token is considered a high-risk speculation. If you intend to enter it, be cautious and try to follow the project news and the currency community on Twitter and Telegram. It's best not to rely on it as a long-term investment unless a real development in the project emerges.
Can both Shiba and Pepe and Floki reach 1 dollar or at least 10x?
Let's explain with an example for each coin 1. Shiba Inu Coin (SHIB) Total supply: approximately 589 trillion SHIB. If the coin reaches 1 dollar, the market cap will be: > 589 trillion dollars! > This number is larger than the GDP of both the USA and China combined! 🚫 --- 2. Floki Coin (FLOKI) Total supply: approximately 10 trillion FLOKI. If it reaches 1 dollar:
Bitcoin price forecast: The government of El Salvador added 240 Bitcoin since signing a $1.4 billion loan agreement with the IMF in December 2024, which restricted the country's ability to increase its Bitcoin holdings; however, legal loopholes allowed it to continue accumulating, bringing its total BTC balance to 6,209 coins.
1. Target market capitalization To reach $1, with about 2.88–3.2 billion pieces available in the market, the coin's market capitalization should be between $2.9 and $3.2 billion. This requires more than 2.5x the current price.
2. Growth catalysts Sonic Network relies on Proof of Stake (PoS), with rewards for developers ranging up to 90% of fees within the DeFi environment.
The currency $PEPE (Pepe) is a meme coin inspired by the character 'Pepe the Frog', and is similar in nature to coins like Dogecoin and Shiba Inu. To evaluate whether it can reach $1, let's look at some realistic numbers: --- 📊 Basic data (approximate - June 2025):
Total supply: approximately 420 trillion tokens (420,000,000,000,000).
Current price: By default, we say $0.000012 (example).