Leading iGaming token, FUNToken, bringing fast, transparent, and fair transaction methods into the iGaming ecosystem, announces XFUN Wallet ahead of new games set to be here soon. XFUN Wallet offers iGamers’ gas-free and simple swapping between FUN and XFUN tokens.
FUNToken (FUN) grew 2.21% to US$0.008431 at 7:12 am ET on Tuesday. The gaming community project is set to unveil new games for players. Ahead of launching the latest games, the platform is grabbing attention, reflected in the 23% surge in trading volume on Tuesday.
However, the launch date of the new games is not yet disclosed, but it is already drawing investors’ interest. Let us know more about FUNToken and what does it do?
What is FUNToken?
FUNToken is a one-stop gaming token. It is created to facilitate gaming with a transparent and fair funding mechanism and gaming integration opportunities.
According to its official website, the token has 300,000 users and is a leading iGaming token globally. It was created as a fast, transparent, and fair transactional solution for the iGaming ecosystem.
iGaming refers to online gaming, which refers to any gaming form which includes betting or gambling, such as Live Casino games, Sports Betting, Real Money Slot Games etc.
The FUNtoken is based on Ethereum and Polygon blockchain.
Adriaan Brink started the project in 2017. He serves the company as CEO with a strong team of developers.
This month, FUNToken announced bringing XFUN Wallet. This wallet is a part of the XFUN suite, which has a new token, casino, arcade, and wallet.
One can download the wallet on Android and iOS devices. XFUN Wallet offers features including paying and receiving payments and holding various cryptocurrencies.
Another useful feature this wallet offers is the gas-free and simple swapping between FUN and XFUN tokens. The latest version of the non-custodial wallet has been improvised on the UX level and offers safe use.
The project is more or less on track as per its roadmap to deliver gaming opportunities, software development, and technical infrastructure.
Its other token, XFUN, was launched on the Polygon sidechain, which is less expensive than Ethereum and allows for efficient zero-cost and low latency transactions.
Data Source: Coinmarketcap.com
FUN token:
The token has been developed for the online gambling and gaming industry. There is a quarterly burn of 50% of the profit to ensure that FUNToken maintains value in the future.
FUN token’s current market capitalization stands at US$92.5 million. Its circulating and total supply is the same at US$10.98 billion FUN. Binance, OKX, Hotcoin Global, Gate.io, Bitrue etc., are crypto exchange offering FUN for trading.
FUN’s trading volume rose 23.13% to US$17.39 million over the last 24 hours.
Bottom line:
The Crypto market is decentralized and unregulated, which makes it prone to unexpected risks. The users must be careful while choosing a cryptocurrency to invest in their money and must do so only after a thorough evaluation of the project, its team, and the fundamentals.
Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.
