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The FUNToken price has surged by 62% in the last seven days to trade at $0.008433 as of 11:26 a.m. EST.
This comes after speculation that it will be listed on Upbit.
FUNToken Price Prediction
The FUNToken price is headed toward a correction as 2-hour FUN/USDT charts point out. The Relative Strength Index indicator is moving south, showing bearish momentum on the FUNToken price. The MACD indicator is also moving in the red zone, asserting bearishness on the FUNToken price.
All these indicate a plunge in the short-term for FUN as bulls now face resistance at $0.011. Volatility levels are currently low as the Bollinger Bands now move close to each other. This can be attributed to decreased trading activities that have seen the token’s trading volume drop by 65% in the last 24 hours.
FUN/USD 2-hour charts | Source: TradingView
However, on a long-term basis, the FUNToken price is expected to pump due to its involvement in the booming GambleFi sector.
Meanwhile, as the FUNToken price risks corrections in the short term, the new TG.Casino might be the perfect alternative with its TGC token presale soaring past the $4.1 million mark in funds raised. Eric Cryptoman, a renowned analyst on X (formerly Twitter), is confident the project could flip Rollbit, and X user Erik Stevens is also raving about it it.
A month ago, influenced by others bullish sentiment, I impulsively invested in TG Casino. However, concerns arose about it possibly being a scam, making me hesitant to share. After a month of engaging with the team and receiving thorough reassurances, I'm now comfortable stating… https://t.co/jJs9tTK5bo
— Erik Stevens 🐆 (@IHunt100xGems) November 16, 2023
FUNToken Price Prediction: Is TGC A Better Investment Than FUN?
TG.Casino’s TGC token presale is close to selling out. The innovative crypto casino, built on the Telegram platform, has successfully raised $4.1 million out of a $5 million target. The fundraising rate is rapidly increasing as the platform moves closer to its hard-cap target.
As TG.Casino gains momentum, whales are actually choosing it over the sector giant Rollbit.
Presale Dynamics
Presently valued at $0.185, the TGC token’s price is set to increase in just 11 hours. Over 80% of the presale allocation has already been secured, making it a hot commodity in the crypto space.
Notable advantages of the presale include fee-free passive revenue from staking and enhanced onboarding and usability compared to traditional online casinos.
Investors participating in the presale can stake their TGC tokens immediately, yielding an impressive 155.26% Annual Percentage Yield (APY).
Not just Rollbit whales are buying TGC. Other whale buyers are flocking to TG.Casino’s presale, with notable transactions, such as one whale purchasing 14 ETH worth of TGC on December 7.
HUGE buy of just under 14 ETH came into $TGC recently🤯
— TG Casino (@TGCasino_) December 7, 2023
Let em cook! pic.twitter.com/shkt69Kh59
TG.Casino’s 200% rakeback incentive, coupled with a net payback on losses for TGC token users, is fueling user growth. Users can wager with popular cryptocurrencies like Bitcoin, Ethereum, and Tether, further expanding the platform’s reach.
As TG.Casino approaches its hard cap target of $5 million, there is a sense of urgency for potential investors to lock in the lowest pricing during the presale.
The continuous growth in fundraising and the influx of whale buyers highlight the platform’s increasing appeal and potential for success. So, with the FUNToken price headed toward a correction, the new TGC token could be your ideal investment alternative.
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