FUN (FUNToken) fell 2.74% in the last 24 hours.

Gate News Bot report, June 26, according to CoinMarketCap data, as of the time of writing, FUN (FUNToken) is currently priced at $0.01, having fallen 2.74% in the last 24 hours, with a high of $0.01 and a low of $0.00. The 24-hour volume reached $53.13 million. The current market capitalization is approximately $106 million, a decrease of about $2.9867 million compared to yesterday.

Reasons for the fluctuations in this round of market.

1️⃣ FUNToken releases 2025 roadmap, attracting market attention FUNToken recently announced its roadmap for 2025, aiming to transform gaming into a rewarding digital economy. While this long-term development plan showcases the project's vision, it may be challenging to deliver substantial benefits in the short term, leading investors to adopt a wait-and-see attitude, which has affected the Token's short-term price performance.

2️⃣ The control of social media platforms over cryptocurrency accounts has strengthened Recently, several cryptocurrency-related accounts, including PumpFUN, have been suspended on the social media platform X. This trend of regulation may raise concerns among investors about smaller market capitalization tokens like FUN, leading to some funds being withdrawn and putting pressure on prices.

3️⃣ The impact of market expectations on token sales and airdrops There are rumors that PumpFUN plans to raise $1 billion through a token sale, with a valuation of $4 billion. Although this news is not directly aimed at FUNToken, similar large-scale fundraising activities may divert market funds, indirectly affecting the liquidity and price of smaller tokens like FUN.

From a technical perspective, FUNToken recently experienced a 25% single-day rise, reaching the price level of 0.008 USD. However, such rapid increases are often accompanied by pullbacks, and the current decline may be part of a technical correction. At the same time, the overall volatility of the cryptocurrency market may also impact FUN.

This message is not an investment advice, and investors should be aware of the risks of market fluctuations.