What happens is that the FUN token is still young, it barely has a short history, it is somewhat difficult to foster a community regarding the FUN token in a short time, the great advantage it has is due to the reputation of the site, It is known to be something protected or centralized by the platform, this is good because it is understood that it will not be a scam, but the uncertainty of the market in these times has been very high.
Although the price has not risen, it is not that it has fallen much, and that is a good sign before the market, because the fall in BTC bleed all the alts and tokens, except 3 or 4 alts, and this is because those that they are Hodlers who did not sell their fun tokens, they have only been relying on the token, in their future, I think that when Bitcoin rises in price, the Fun token will be sustained and with enough liquidity, very few tokens reach that level.
No you can't say FUN token is still young and it has a barely short history. FUN token is 4 years old now, that's older than most of current top200 cryptocurrencies, maybe you personally didn't know it before it has been acquired by Freebitcoin but it was a rather well known token in the cryptogambling industry and in the cryptoworld. And unfortunately I don't think it hasn't fallen much, falling from 0.050USD to 0.018 in two weeks is not a small dip for me. People currently mostly hold it to get bonuses in BTC on the Freebitcoin platform which quite strongly pegs it to BTC.
Of course, it is 4 years old, but if we take into account that the history of Bitcoin has fulfilled its normal market stages such as Accumulation and Distribution, taking into account that the bullish trend stage was completed and the subsequent stage that is the bearish trend stage to fall back into Accumulation, which for now is understood to be in a bullish trend; When comparing the history with the FUN tokens, this is left:
As I said before, it has not dropped so much, because the token follows the same direction as BTC, not at the level that BTC has but it has been maintained and compared to many tokens of course it has been maintained, in this case only the token responds to the market speculative as it should be. What apsa is that the concept at a speculative level is diverse according to our financial education, the token depends directly or indirectly from BTC, because it does not have a life of its own, and if there is a slight comparison with stocks in the stock market, even the bitcoin remains being young. As you said before, those who know it have been the players, the investors, those who have a lot of money to invest and they also see the characteristics and being at Freebitco.in, guarantee that it is a safe investment.
What are you talking about?
The graphic above doesn't compare the history of FUN token with the history of BTC, it just shows the evolution of the price for the last 2 months. As I already told you above FUN is not a new token, born 2 months ago, it's a 4 years old token.
Moreover as I already told you too FUN has dropped from 0.050 to 0.020 in less than 3 weeks while BTC has still not dropped from 50 000$ to 20 000$ so you can't say it just follows BTC price and doesn't drop too much. How many FUN tokens do you hold currently? You shouldn't hold many of them to say things like that.
You do not understand, what I wanted to show in the chart is that the FUN token follows the same BTC direction and we agree that it did not drop that much, what you have in discussion is a purely financial issue, for you 4 years is a lot, for My no, 4 years is nothing compared to more than 10 years since BTC was born, and that influences, on the subject of trading and market speculation it may not be much, but for investment it has a lot to do, the The fact that the FUN token has from 2017 to 2021 in the financial markets does not represent much, but from 2009 to 2021 it is BTC, and that does influence, although the FUN tokens are 4 years old, it is necessary to highlight that they have remained at a relatively good price compared to some tokens that tend to go down and stay on the bottom when their pump happens, FUN tokens are not, and just the fact that Freebitco.in is up for grabs causing more profit with their use, it helps that it doesn't drop so much in price, because it provides more confidence and that is what that is beginning to be attractive to investors.