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FUN Token Set for Potential Upside As Binance Launches $250,000 Trading Competition
What a year it has been for FUN Token.
From being acquired by a Bitcoin casino with 41 million users to making a brief but powerful foray into the Top 100, FUN Token has done it all in 2021.
And it’s only April.
Seeing the rising demand for the token, Binance has announced the FUN Token Trading Competition. Is FUN Token worth investing in? Let’s take a look.
FUN Token Surges by 700% in 3 Months
The FUN Token is an ERC20 token created in 2017 by FunFair Technologies with a view of promoting decentralized gaming in the online gambling industry. Seeing its potential, FreeBitco.in adopted it as a Premium Membership Token for its massive user base.
FreeBitco.in is the seventh-largest online casino in the world with over 41 million users; this exposure prompted FunFair Technologies to hand over the reins of the token to FreeBitco.in.
The difference is evident as FUN Token has appreciated by 700% since the turn of the year. In the last 3 months, FUN Token’s market cap has jumped from a meager $35 million to a massive $410 million.
At the time of writing, FUN is trading at $0.038.
Technical Analysis: Binance Trading Competition to Push FUN Higher?
On the 4-hour chart, we can see a clear breakout as the price easily took out the 20MA and the 50MA in the last few days.
We could see the FUN Token price touching $0.04 again, and as the Binance trading competition gets into gear, we could see the price retest and push well above the $0.042 mark.
On the daily chart, we can see a flag breakout pattern. The trading competition could help FUN breakthrough and even cross the $0.05 level.
Verdict: The Breakout Signals a Buying Opportunity
With the FUN Token price naturally moving towards a breakout on the daily chart and trading competitions historically being a good proposition for value appreciation, FUN Token looks like a decent buy.
If trading is your thing, you can join the Binance contest too.
About the Binance – FUN Token Trading Competition
The FUN Token trading competition is open to both new and existing Binance users. If you’d like to participate, here’s how you do it:
- The contest prize pool is $250,000. It is divided into two promotions:
- Promotion A: New users can register using a gift link during the contest period to win a guaranteed share of $30,000 in FUN Tokens. They can further trade more than 15,000 FUN at Binance to earn a possible $100 bonus.
- Promotion B: Existing users that trade more than 50,000 FUN during the contest period at Binance are eligible for a share of the bigger $200,000 prize pool.
- Click here to learn more and get your gift link.
- The contest ends on 5th April, 23:59 UTC. Trade FUN to win FUN!
There are several projects in the pipeline for FUN Token as it moves into a new phase of its existence. The signs are looking good already and it’s definitely worth a watch for the future, or maybe even the present.
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3 Oaks Gaming
3 Oaks Gaming Strengthens International Presence After Teaming Up with Interwetten
Significant deal expands distributor’s presence in various global regions.
3 Oaks Gaming, a renowned provider of iGaming content, has teamed up with Interwetten in an agreement that expands its wide range of games to a larger audience worldwide.
The partnership allows Interwetten to offer 3 Oaks Gaming’s renowned collection of slot games, featuring popular titles like 3 Super Coin Volcanoes, 3 Pots of Egypt, and Magic Clovers, across various regions globally, enhancing visibility in important MGA markets.
For more than 30 years, Interwetten has been a leader in sports betting and casino entertainment, recognized as one of the top operator brands in the worldwide industry.
Recognized for its creativity and dedication to excellence, 3 Oaks Gaming’s vibrant portfolio coincides with Interwetten’s emphasis on providing top-tier content to its users. This collaboration signifies a crucial milestone in the distributor’s continuous worldwide expansion plan, guaranteeing that more players than ever can enjoy its engaging iGaming experiences.
Emilia Kazberuk, Sales Manager at 3 Oaks Gaming, said: “Partnering with Interwetten is a major move for us. The size and scale of their operations will provide us with a significant boost in taking our content into new regions and audiences.
“We’re looking forward to integrating our premium portfolio with such a respected and long-standing operator, and very hopeful our high-quality, feature-rich titles will be appealing to their vast player base.”
Mario Bilic, Casino Director at Interwetten, added: “We are delighted to welcome 3 Oaks Gaming’s exciting portfolio to our platform. Their reputation for delivering engaging, innovative slot content matches our commitment to offering best‑in‑class entertainment to our players.
“This partnership enhances the depth of our casino offering, and we are confident their games will be well‑received across our markets.”
The post 3 Oaks Gaming Strengthens International Presence After Teaming Up with Interwetten appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Jeff Letlat COO at SpinOro
SpinOro joins forces with Spinomenal
Spinomenal, a top iGaming content provider, has formed a partnership with SpinOro to offer its wide range of games to players in the UK. SpinOro, emerging from Anakatech, is a thriving provider of online casino solutions with over a decade of experience.
Via its dynamic aggregation platform, SpinOro allows operators to effortlessly access a diverse selection of cross-platform games, whether as an independent suite or incorporated with third-party offerings from top-tier providers.
Spinomenal‘s games have been officially introduced on SpinOro’s prominent UK brands, including Winomania, 7Bet, Betnero, and LuckyMate, with additional brands set to follow.
Yossi Shayovits, Head of Business Development for Spinomenal commented: “SpinOro has earned an excellent reputation for providing access to the best cross-platform games, proven to enhance player activity and increase retention. Our titles are recognised across the industry for delivering exactly that, and we’re excited to bring even more amazing experiences to UK players.”
Jeff Letlat, COO at SpinOro added: “We are thrilled to welcome Spinomenal to our aggregation platform where they sit proudly alongside the best providers in iGaming. We’re highly confident that Spinomenal’s rich selection of titles will be a big hit with players.”
The post SpinOro joins forces with Spinomenal appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Akis Palianastasis
Sportradar Expands its Partnership with SkillOnNet
Sportradar has expanded its marketing partnership with SkillOnNet, a leading, international iGaming entertainment company. Sportradar’s Marketing Services now serves as SkillOnNet’s primary programmatic partner focused on growing its casino business.
Sportradar will help develop and execute digital advertising campaigns to support customer acquisition and retention, alongside integration of Sportradar’s Marketing Cloud and reporting tools to track campaign performance and player value. The partnership spans 12 markets across Europe, North America and Latin America and covers SkillOnNet’s PlayOJO, PlayUZU and BacanaPlay brands.
“The expansion of our partnership with SkillOnNet reflects the scalability of our Marketing Services platform and the value of a fully integrated, data-driven marketing approach. Over the past few years, we have grown together across markets, supporting their international expansion with structured campaign management and measurable performance,” said Nikolaus Beier, SVP Product, Marketing Services, Sportradar.
“As we scale our portfolio across regulated markets, we value partners who can deliver consistency and measurable results across territories. Sportradar has become an important part of our marketing infrastructure, and this renewal reflects the strength and evolution of that relationship,” said Akis Palianastasis, Digital Director, SkillOnNet.
The post Sportradar Expands its Partnership with SkillOnNet appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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