FUN Token Soars 74% After Supply Cap, AI Bot Launch, and Buy-and-Burn Announcements Drive Surge

FUNToken (FUN) experienced a substantial 74% price increase over the last 24 hours, rising from $0.007358 to $0.012803, as reported by Binance. This sharp surge is primarily attributed to recent developments including the permanent capping of token supply, the launch of an AI-powered Telegram bot that rewards users, and announcements regarding the upcoming expansion of its AI ecosystem and a planned buy-and-burn strategy. These factors have contributed to heightened investor interest, increased trading activity, and strong bullish momentum, as evidenced by a 24-hour trading volume of approximately $185.8 million and a market capitalization of over $131 million. The token’s breakout above key moving averages and significant on-chain participation further highlight its current prominence and volatility in the cryptocurrency market.