And it's falling down, buy price on the site is 39 sats. Is it a buying time, or we should wait a bit more before we start buying!? Where is the bottom?!
There is some ratio of winnings to the price, a yield even in rough terms because its not just a plain token but gives benefits. It does help if you also have some capital in the game used on the site etc. So alot of people in the crypto space are trading leverage not actually likely to be holding especially if the price is falling but that in itself might explain why the price fell, FUN has some lagged response to the averaged BTC price. Its not simple because the price of alt coins and tokens will fall as BTC is especially rising, every daily bar is lit green recently so thats very much a strong rise we dont always see.
All of that I will conclude we have some effects now that are likely temporary and helping to depress price, I think its worth some speculation we can rise in price per sats from here depends on BTC movement itself also, but sideways I think would equate to positive conditions.
Also Bad news bear time, the BTC price has risen enough that rewards are being adjusted down on the wheel spins. I know some probably have quite a few of these saved up, generally I would use them up rather then wait right now.
Monthly close price I think was
41494 and near peak was like 50 dollars off what I considered about ideal for volatile but feasible betting wise. It has defied gravity recently, I will wait for this week bar to close tomorrow to decide Aug bet strat