Latest News
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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Amusnet
Amusnet Introduces its “Jackpot Cards Plus” Island at Casino Adjara
Amusnet has introduced its “Jackpot Cards Plus” island at Casino Adjara, bringing S55J slot cabinets into one of Tbilisi’s most established venues. More than just a placement, the installation represents a strategic step in the company’s growing presence across key regulated markets.
Positioned prominently on the floor, the island format immediately draws attention. The S55J cabinets combine next-generation hardware architecture with high-definition visual performance and ergonomic design, delivering a smooth, immersive playing experience. Integrated with the Amusebox Package which is a curated portfolio of 51 proven titles, the setup delivers both variety and performance in a single, cohesive offering.
At the center of the installation is the multi-level Jackpot Cards Plus system. Designed to heighten anticipation and sustain engagement, it transforms individual gameplay into a shared experience, encouraging longer sessions and driving measurable results for the operator.
The sales team at Amusnet’s Georgia office commented that the market has strong potential and a clear appetite for high-quality land-based entertainment.
“Our installation at Casino Adjara is part of a broader vision to establish a sustainable and scalable presence in the region. With ‘Jackpot Cards Plus,’ we are implementing a performance-driven concept designed to optimize floor dynamics and deliver consistent results. This partnership demonstrates how our land-based portfolio can adapt to established venues while maintaining the identity and strength of our product ecosystem,” they said.
For Amusnet, the rollout marks one of its first strategic land-based installations in Georgia, an important milestone that reflects the company’s ability to successfully transition its established game portfolio into high-performing casino cabinet environments.
Igor Kokanovich, Slot Manager at Casino Adjara, said: “Casino Adjara highly values its partnership with Amusnet, recognizing the company as a dependable, professional, and forward-thinking partner. The launch of the ‘Jackpot Cards Plus’ island, featuring S55J cabinets and the Amusebox Package of 51 games, has strengthened our slot floor offering. The technology platform, cabinet design, and diversified game mix have added new momentum to our gaming environment while enhancing overall player engagement.
“We expect solid commercial results and long-term value from this installation and look forward to further expanding our cooperation.”
Through collaborations with leading operators such as Casino Adjara, Amusnet continues to build its land-based growth trajectory market by market.
The post Amusnet Introduces its “Jackpot Cards Plus” Island at Casino Adjara appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Compliance Updates
Spillemyndigheden: New Guidance on Responsible Gambling
The Danish Gambling Authority has published a new gudiance on responsible gambling, which is targeted licence holders who offer betting and online casino.
The guidance reviews the rules on responsible gambling and also contain interpretations on how, as a licence holder who offers betting and online casino, can meet the requirements to offer gambling in a responsible manner.
The DGA’s guidance on responsible Gambling for Betting and Online Casino
The post Spillemyndigheden: New Guidance on Responsible Gambling appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Dr Faye Graver
Gambling Helpline and Specialist Treatment Service to be Launched in Wales
A new NHS specialist gambling treatment service and helpline will be launched in Wales on April 1.
The Minister for Mental Health and Wellbeing Sarah Murphy described this as a ‘landmark moment’, providing support for tens of thousands of people who could be at risk of gambling-related harm.
The Wales Gambling Helpline will provide information, advice and support to anyone affected by gambling-related harms, including family members and others impacted. If needed, it will also refer people onto treatment services.
Treatment for gambling harms will be accessible through a secure online platform, allowing support to be provided remotely.
Betsi Cadwaladr University Health Board has been awarded £1.3 million a year by the Welsh Government to run the treatment service and helpline. The funding comes from the money raised from the UK-wide gambling levy.
Minister for Mental Health and Wellbeing Sarah Murphy said: “This is a landmark moment marking the first time specialist gambling treatment and support services will be available from the NHS in Wales.
“The helpline will be a form of open access support available to people who need it the most and fits into the ambitions of our Mental Health and Wellbeing Strategy.
“Guided by the evidence, we’re confident this approach is the most effective way to deliver essential support for both prevention and treatment.”
Clinical lead for gambling treatment services at Betsi Cadwaladr University Health Board Dr Faye Graver said: “We are establishing a specialist gambling treatment service and the Wales Gambling Helpline to provide much-needed support for people struggling with gambling addiction.
“They will provide the necessary support, advice and information not only to people experiencing gambling-related harms, but also their family members and others affected.”
The post Gambling Helpline and Specialist Treatment Service to be Launched in Wales appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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