FUNToken (FUN) is proving popular since it was listed on BTSE – securing its spot in the top three gainers on the exchange.
$FUN is up +10.3% with only $AERGO (+21%) and $WNCG (+15.8%) outperforming it.
The token was only added to the BTSE exchange a matter of days ago but is proving popular with traders now able to engage in FUN trading using the FUN/USDT and FUN/USDC trading pairs.
Operating on the Ethereum blockchain, FUNToken is designed to meet the demands of the digital gaming and gambling industry utilizing the Layer 2 token XFUN on Polygon to enhance speed and simplicity.
The FUNToken team hit the headlines at the end of July when announcing a 20 million FUNToken seed fund to help boost projects in early development.
Focusing on blockchain integration the FUNToken seed fund project is on the lookout for exciting new dApps and cryptocurrency projects in their early stages.
Crypto projects are encouraged to apply for the seed fund by filling out an application for the FUNToken team to consider.
According to FUNToken's press release, 20 million FUN tokens will be distributed to at least 40 innovative crypto projects.
With the funds, FUNToken hopes that each project will build services and applications that will also consider incorporating FUNToken's native cryptocurrency.