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Funex club has experienced numerous ups and downs throughout its journey. We have a huge community that helps us to achieve a lot of milestones and they made our journey worthwhile.
Funex's Journey Begins with Research & Concept Creation
The Initial Website & Whitepaper got Designed
Funex Coin Development began on Quark Algorithm
Bitcointalk Forum got Released & Quark-Based Coin Ready for Beta Testing
Funex Mobile & Web Wallet Development Started
Funex Coin Deployed on Binance Smart Chain (BEP20)
Funex Coin Deployed on Ethereum (ERC20) & Tron Blockchain (TRC20)
Funex Coin Listed on SunSwap (Decentralized Exchange)
Funex TRC20 Token Listed on VinDAX (Centralized Exchange)
Funex New website design
Multichain Wallet Development Started
Funex Coin Ecosystem Developed
Funex Coin Staking Program Introduced & Mobile Wallet Upgraded
New Blockchain Support Added Including BTC, ETH, LTC, BNB, DOGE, DASH, etc.
Funex Pro Development Started
Funex Company Legal Incorporation Started
Funex Airdrop 10th - 15th
Funex Coin ICO
3rd Sept. - Funex Listing on Localtrade
5 Sept - 25 Sept Funex Coin IEO on Coinsbit
Coinsbit Listing - 30 Sept. 2022
Funex Pro Launch
BNB & Polygon Chain Integrated
40+ New Coin Support Enabled
Funex Bitmart
Funex Centralized Exchange Development
Metaverse Casino Game Development and the Funex Club's journey will continue to progress.
BRICS, an economic bloc comprising emerging nations, remains unfazed by U.S. President Donald Trump’s threats to levy 100% tariffs on goods from member states, according to Russian Ambassador Sergey Tolchenov. Speaking to the Jakarta Globe on Tuesday, Tolchenov highlighted BRICS’ financial independence and its resilience against external pressures, including U.S. warnings. He emphasized the bloc’s
10x Research’s Markus Thielen says Bitcoin is moving in $18,000 blocks and predicts it could hit $122,000 by February.
Need evidence of the crypto market's maturation? Look no further than Deribit, the crypto exchange that registered record trading volumes in 2024. Total trading volume in Deribit's product suite, which comprises crypto options, perpetual futures, volatility futures, and spot market, rose 95% from $608 billion in 2023 to $1.185 trillion in 2024. Options alone registered a trading volume of $743 billion, a 99% year-on-year growth, accounting for a giant share of the total exchange activity. Deribit listed BTC options in 2016 and has since cemented its position as the world's leading crypto options exchange. “Deribit saw an increase in activity throughout the year, particularly in Q4 as institutional investors demonstrated heightened optimism around the U.S. presidential election, as well as the $100k Bitcoin bull run that followed," Deribit's Chief Commercial Officer Luuk Strijers, said in a note shared with CoinDesk. "The rise in total platform volume and across our offered products indicates that Deribit continues to be the go-to derivatives exchange, particularly as more professional traders enter the space," Strijers added. This impressive boom in trading activity on Deribit reflects a maturation of the market, mainly as spot ETFs and options tied to those ETFs went live in the U.S., accelerating institutional participation. It is a sign of a growing shift toward more sophisticated multi-legged trading strategies involving options, futures, and volatility bets.
On Monday, the cryptocurrency market witnessed a significant surge in Chainlink (LINK) prices following a remarkable acquisition by World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump. Trump’s World Liberty Financial Propels LINK Price Up In a series of rapid transactions completed within just 15 minutes, World Liberty Financial purchased 220,000 LINK tokens, totaling an impressive $5.63 million, according to Chinese reporter Wu Blockchain. This strategic move was accompanied by additional acquisitions, including 13,000 Aave (AAVE) tokens valued at $4.41 million and 37.267 million TRON (TRX) tokens worth $8.86 million. Related Reading: World Liberty Financial Raises $1B: Trump-Backed Crypto Venture To Extend Token Sales The buying pressure generated by these transactions contributed to a notable 44% uptrend in LINK’s price over a two-week period, with a more immediate increase of over 11% within just 24 hours. But despite this bullish momentum, LINK’s price remains approximately 49% below its all-time high of $52.70, achieved during the 2021 bull run as it is currently hovering little over above the $26 mark. In a social media post on X (formerly Twitter), WLFI detailed these acquisitions, stating that they were made to commemorate the inauguration of Donald J. Trump as the 47th President of the United States. The post highlighted additional purchases, including $47 million in Ethereum (ETH), $47 million in wrapped Bitcoin (wBTC), and similar amounts in AAVE, LINK, TRX, and Ethena (ENA). How Chainlink Could Double In Value The involvement of the Trump family in the crypto space has sparked excitement among bullish LINK investors, fostering renewed confidence in the token’s prospects. Analysts like Michael van de Poppe have weighed in, noting that LINK has recently experienced a standard 30% correction—a pattern seen more than 15 times in previous cycles. Despite this, van de Poppe anticipates an upward price movement for Chainlink toward the $35 mark as market conditions stabilize. Adding to the positive sentiment, market expert Ali Martinez reported a significant withdrawal of over 770,000 LINK tokens from crypto exchanges on Tuesday, suggesting that investors are increasingly confident in LINK’s potential and a possible continuation of the uptrend observed over the past month. Related Reading: Is It Time To Give Up On Ethereum Below $4,000? Analyst Weighs The Facts Satoshi Flipper also chimed in on LINK’s price action, expressing optimism about the token’s adoption and future performance. He noted the emergence of a falling wedge pattern that could propel LINK toward its all-time high, suggesting that a price doubling from current levels is feasible. Flipper emphasized the importance of Chainlink in the broader cryptocurrency ecosystem, arguing that dismissing the potential for further gains before reaching new highs would be a mistake. Interestingly, Aixbt recently pointed out that LINK’s monthly Relative Strength Index (RSI) is currently at 67, approaching the critical 70 level that previously triggered a dramatic 375% price surge. This setup mirrors the conditions that drove the price from $3.50 to $20 in an earlier cycle. If history were to repeat itself, such a surge could push LINK toward the $124.80 mark, nearly tripling its current peak. Featured image from DALL-E, chart from TradingView.com
CLS Global admitted to helping wash trade and manipulate the market for a token made by the FBI designed to draw in those engaged in fraudulent crypto activities.
World Liberty Financial Financial (WLFI), the crypto project backed by the family of U.S. President Donald Trump, has made another purchase of Tron's TRX for its treasury on-chain data shows . “As a strong advocate for blockchain technology and innovation in cryptocurrencies, I'm excited to see World Liberty Financial integrate TRON as a key part of its growing treasury. TRX's inclusion as the fourth-largest asset in WLFI's holdings highlights its trust in the Tron blockchain network," Justin Sun, founder of Tron, said in a statement to CoinDesk." This most recent purchase was to the tune of $2.6 million and adds an additional 10.8 million TRX to the WLFI treasury. The total holdings of TRX now come in at $7.5 million. "With WLFI leading efforts to bridge traditional finance and crypto and the Trump administration's pro-crypto stance, the United States will become a major hub for innovation and cryptocurrency adoption,” Sun continued. CoinDesk reported in mid-January that WFLI intended to purchase TRX and a Tron delegation attended Trump's inauguration. WFLI is also holding $182 million in ETH, $48 million in WBTC, $7.2 million in Tether's USDT, $7 million in AAVE, and $6.7 million in Chainlink's LINK according to on-chain data with most token buys coming in before the inauguration . Sources close to the matter say WLFI will continue to increase their TRX holdings.
Solana started a fresh increase above the $240 resistance. SOL price is back above $2500 and might aim for a fresh increase above the $262 zone. SOL price started a fresh increase above the $240 and $250 levels against the US Dollar. The price is now trading above $250 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $245 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $262 zone. Solana Price Reclaims $250 Solana price formed a base above $225 and started a decent upward move, like Bitcoin and Ethereum . SOL was able to climb above the $235 and $240 resistance levels. There was a break above a key bearish trend line with resistance at $245 on the hourly chart of the SOL/USD pair. The pair even cleared the 50% Fib retracement level of the downward move from the $272 swing high to the $230 low. Solana is now trading above $250 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $262 level or the 76.4% Fib retracement level of the downward move from the $272 swing high to the $230 low. The next major resistance is near the $272 level. The main resistance could be $280. A successful close above the $280 resistance zone could set the pace for another steady increase. The next key resistance is $292. Any more gains might send the price toward the $300 level. Another Decline in SOL? If SOL fails to rise above the $262 resistance, it could start another decline. Initial support on the downside is near the $250 zone and the 100-hourly simple moving average. The first major support is near the $240 level. A break below the $240 level might send the price toward the $230 zone. If there is a close below the $230 support, the price could decline toward the $215 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $250 and $240. Major Resistance Levels – $262 and $272.
A significant SOL options block trade crossed the tape on Deribit via the OTC network Paradigm late Monday, suggesting expectations for a price rally to $400 by the end of February. The trade, structured as a bull call spread, involved a long position in the $280 call and a simultaneous short position in the $400 call, with 10,000 contracts for each leg and both legs set to expire on Feb. 28, according to block flows tracked by Amberdata. Block trades are large orders usually placed by institutions executed over-the-counter (OTC), outside the exchange's order book. A bull call spread achieves its maximum profit when the underlying asset's price is at or above the short call's strike price, which is $400 in this case. The buyer is betting that the spread will move past $280, reaching up to $400 with a breakeven around $300, according to Amberdata's Director of Derivatives, Greg Magadini. Importantly, the downside risk in a bull call spread is limited to the total premium paid to establish the strategy, protecting the trader from larger losses if the market declines. Currently, SOL is trading at $254 after hitting record highs above $290 over the weekend, as per CoinDesk data.
Bitcoin recently achieved a new all-time high, climbing above $109,000 and continuing its strong upward momentum. This performance has further highlighted the disparity between Bitcoin and Ethereum’s price trajectories, with Ethereum underperforming in recent months. While Bitcoin has captured attention for its resilience and gains, Ethereum faces challenges that have weighed on its progress. According to Percival, a CryptoQuant analyst, the new regulatory clarity provided by the pro-crypto administration in the US is contributing to Bitcoin’s strength. In contrast, Ethereum’s internal difficulties, coupled with declining demand in the spot market, have created a challenging environment for the asset. This divergence highlights how the two leading cryptocurrencies are currently moving along very different paths, with Bitcoin thriving and Ethereum struggling to maintain its footing. Related Reading: 1 Million Bitcoin Pulled From Exchanges In The Past 3 Years: What It Means For The BTC Market Ethereum’s Decline and Market Sentiment Percival pointed out that Ethereum’s struggles can be seen in several key metrics. Spot market transactions have dropped dramatically since the previous cycle, with current volumes at $8 billion compared to $52 billion during the bull market’s peak in early 2021. This represents a sharp reduction in demand, signaling that Ethereum’s current bull market participation is significantly diminished. Additionally, data shows that Ethereum has returned to levels seen in 2016, with a majority of trading days now classified as “unprofitable” when compared to Bitcoin. These challenges, according to Percival, have prompted concerns that Ethereum may need to establish a “bottom” before it can regain stability. Without this stabilization, investor sentiment could become increasingly volatile, potentially leading to further price declines. The analyst also suggests that until Ethereum can address its internal issues and rebuild confidence, its underperformance relative to Bitcoin is likely to persist. Bitcoin Momentum And Market Structure While Ethereum struggles, Bitcoin continues to benefit from favorable market conditions and positive sentiment. Percival notes that macroeconomic factors, along with increasing regulatory clarity, have positioned Bitcoin for continued growth. The Choppiness Index, an indicator of market consolidation and trend readiness, currently signals that Bitcoin has built the necessary strength to sustain its upward trajectory. The analyst believes that Bitcoin’s current market structure supports further gains in the coming days. Particularly, after a period of consolidation, Bitcoin appears poised to extend its rally, attracting more investor interest and reinforcing its position as the leading cryptocurrency. Related Reading: Ethereum Struggles As Bitcoin Dominance Pushes ETH/BTC Pair To 4-Year Low As Ethereum grapples with its challenges, Bitcoin’s steady momentum highlights the stark contrast between the two assets’ market dynamics. However, it is worth noting that it’s not all gloom for Ethereum. According to a recent post from renowned crypto analyst Ali, Q1 might just be Ethereum’s year of sudden rebound. Q1, particularly in odd-numbered years, has historically been when #Ethereum $ETH delivers its strongest performance! pic.twitter.com/Gq2iEtRGfi — Ali (@ali_charts) January 18, 2025 Featured image created with DALL-E, Chart from TradingView
Funex coin is a cryptocurrency which is developed by Funex club that can be used within Funex’s ecosystem to perform crypto operations seamlessly. Despite being the native coin of Funex Club, it is also a multi-utility and gaming token. Users can use this coin in the upcoming blockchain gaming platform of Funex Club.
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In the gaming world, the use of cryptocurrencies is getting popular with time. Several gaming cryptocurrencies have been developed currently which are facilitating various advantages. Funex coin is one of the best gaming cryptocurrencies which aims to provide a lot of benefits to gamers and crypto enthusiasts.
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