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What’s Going On with FUN Token? Is It Time to Panic or Prepare?
Hey everyone, today I want to talk about the current situation of FUN/USDT — and it’s been a bit of a rollercoaster.
Right now, FUN is trading at 0.006131 USDT, down 14.66% in the last 24 hours. It hit a low of 0.006010 and a high of 0.007214 within the same day. Clearly, there's a lot of volatility.
If you check the 4-hour chart, it's been a steep drop, with multiple red candles forming lower lows. This heavy selling pressure could mean short-term traders are cashing out after the recent price surge (30-day gain is still a massive 186.68%!). Volume is also high at over 1.07B FUN, showing there's a lot of action, but not necessarily in the bullish direction right now.
So, what next?
If you're already holding FUN, it might be tempting to panic-sell, but zooming out shows it’s still up 45.83% over the last 90 days and 81.26% over 180 days. That suggests long-term momentum could still be intact — unless the bears completely take over.
Key levels to watch:
If it drops below 0.0060, expect more downside.
But if it bounces from here and breaks past 0.0065, bulls might regain control.
As always, DYOR (Do Your Own Research). FUN could still live up to its name — but it’s not fun if you’re not ready for the ride.
The cryptocurrency market stumbled in early 2025, marking a sharp contrast to the euphoric highs of late 2024. Total crypto market capitalization fell -18.6% in Q1 to close at $2.8 trillion, after briefly touching $3.8 trillion on January 18 — just ahead of Donald Trump’s inauguration. The decline was accompanied by a drop in investor activity, with average daily trading volumes plunging -27.3% quarter-on-quarter to $146.0 billion.
Amidst the slump in the market, Bitcoin strengthened its dominance, ending Q1 at 59.1%—a level not seen since early 2021—as altcoins bore the brunt of the downturn. While BTC hit a fresh all-time high of $106,182 in January, it retreated to $82,514 by quarter-end, registering a -11.8% decline.
Our comprehensive 2025 Q1 Crypto Industry Report covers everything from the crypto market landscape to analyzing Bitcoin and Ethereum, deep diving into the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, and reviewing how centralized exchanges (CEX) and decentralized exchanges (DEX) have performed.
Bitcoin (BTC) continued to climb in dominance, increasing by 4.6 percentage points (p.p.) in 2025 Q1. It ended the quarter with a 59.1% dominance amidst the downturn which hit altcoins harder. These are levels not seen since 2021 Q1.
Stablecoins also benefited from the market downturn, as investors flock to stability. Tether (USDT) climbed slightly to a 5.2% market share, while USDC regained its #7 spot, replacing Dogecoin (DOGE).
Ethereum (ETH) fell by a whopping -3.9 p.p. in Q1, with its dominance at 7.9%, the lowest it has been since late-2019. ‘Others’ fell by smaller magnitude, dropping -3.5 p.p. to encompass 15.7% of the market. Amongst the majors, only XRP and BNB managed to retain their market share.
FUNToken stands out in the crowded blockchain space due to its unique combination of innovation, utility, and commitment to the GameFi and DeFi sectors. At its core, FUNToken is designed to revolutionize online gaming and decentralized finance by providing a fast, transparent, and trustless platform for transactions and gaming experiences. Unlike traditional gaming and financial platforms, FUNToken leverages blockchain technology to ensure security, reduce transaction costs, and enhance user autonomy by allowing players and investors to have complete control over their assets without intermediaries. Moreover, its integration into various gaming platforms and DeFi applications offers users unparalleled access to a vast ecosystem of entertainment and financial opportunities. With its focus on user experience, scalability, and continuous innovation, FUNToken is not just another digital asset; it's a gateway to a new era of digital interaction, making it a standout project in the blockchain community.
$OM Mantra CEO Proposes Token Burn to Restore Investor Confidence AI Summary According to PANews, Mantra CEO John Patrick Mullin has proposed burning his own OM tokens to restore investor confidence following a significant drop in the native token's price. Mullin stated that the tokens he holds are part of the 300 million OM tokens reserved for the team, which are set to be unlocked by April 2027. On April 15, Mullin made a public statement on the X platform, pledging to destroy his future share of these tokens. He mentioned that if the project recovers, the community could decide whether he should regain these tokens. According to Tokenomist, Mullin currently holds approximately 772,000 OM tokens, which is less than 1% of the over 80 million OM tokens in circulation as of April 15. He has allocated his tokens to the liquid staking protocol Fluxtra. Although he has made this commitment and disclosed his current holdings, he has not revealed the exact amount, stating that he will do so once the burn plan is ready.
You probably already guessed today’s topic, so let’s not waste time and jump right into it.
In the last 24 hours, Layer had increased by 5.23/+, with the highest price being $2.0990 and the lowest being $1.9050. Now the question is—where might the price go next?
I think it will go down, and if it does, the price might drop to around $1.413–$1.506. But if it happens to go up instead, then it could rise to around $2.573–$2.771. However, the chances of it going downward are higher.
What do you think—will it go down or up?
Important Note: If I have said anything incorrect, I sincerely apologize.
That’s all for today. See you in a new post. Stay well, stay healthy. Goodbye!