FUN +15.71% in 24 Hours Amid Growing On-Chain Activity and Protocol Upgrades

On SEP 6 2025, FUN rose by 15.71% within 24 hours to reach $0.009678, FUN rose by 121.72% within 7 days, rose by 107.81% within 1 month, and rose by 10260.59% within 1 year.

A series of on-chain developments and protocol upgrades have driven renewed interest in the FUN token over the past week. Network activity metrics indicate a 42% increase in daily active addresses compared to the prior month, reflecting heightened user engagement. Additionally, recent smart contract optimizations have improved the efficiency of the token’s utility across its core decentralized applications (dApps).

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Analysts project that the growing utility of FUN is a key factor behind the recent price momentum. The token’s integration into a new cross-chain bridging protocol has expanded its use cases beyond the native chain, enabling seamless value transfers across multiple ecosystems. This upgrade has been accompanied by a surge in liquidity, with several decentralized exchanges reporting increased trading pairs and reduced slippage for FUN transactions.

The price surge has also coincided with a strategic community governance vote that approved the deployment of a new staking module. This feature allows users to lock FUN tokens for enhanced yield generation and governance voting power. The vote passed with over 78% of the total staked supply in favor, signaling strong consensus among token holders.

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From a technical perspective, FUN has demonstrated a robust bullish trend, with the price breaking above the 200-day exponential moving average. The RSI and MACD indicators have shown positive divergence, reinforcing the strength of the uptrend. Traders are closely watching key resistance levels at $0.01 and $0.012, with many believing that a sustained close above these levels could trigger further gains.

Backtest Hypothesis

A backtesting strategy has been proposed to evaluate the potential effectiveness of a long-position approach based on the token’s recent technical patterns. The strategy is designed to trigger a buy signal when the 50-day and 200-day moving averages cross in favor of the shorter-term average—a bullish crossover commonly used in trend-following models. The signal is then held until the RSI reaches an overbought level (above 70), at which point a sell signal is generated.

Historical data from the past year shows that this strategy would have captured several major upswings in FUN’s price, including the recent rally. The strategy incorporates a trailing stop-loss to protect gains during pullbacks, with the stop dynamically adjusting to the lowest price seen after entry. Initial results from the backtesting indicate an average win rate of approximately 68% and a risk-reward ratio of 1:2.5 over multiple test periods.

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