Cryptocurrency surge: FunToken climbs 100%, MMX skyrockets 80%, Bitcoin falls below $83k mark

On Sunday, various altcoins recorded substantial profits, even though the overall cryptocurrency market had a slightly negative trend.

At present, the total market capitalization of cryptocurrencies is around $2.7 trillion, a decrease of 0.63% over the past 24 hours.

Bitcoin (BTC) is being traded under the $83,000 mark, while Ethereum (ETH) has dropped by 2.2% to $1,837.

FunToken (FUN) has experienced a doubling in its value in the last 24 hours, while MMX and Enzyme (MLN) have also observed considerable price improvements.

Over the previous 24 hours, FunToken has soared by 101.3%, with its price now at $0.006304, up from a low of $0.003132. This price surge continues a week-long rally that has resulted in FUN increasing by nearly 200% in just seven days.

Despite the remarkable gains, FunToken has not made any significant announcements or formed partnerships that would typically cause such a price increase. The token has also emerged as one of the top performers on Binance.

A market analyst emphasized FUN's potential on social media, pointing out its weekly chart pattern and suggesting a possible additional 2x gain due to the current high trading volume.

MMX is the second token on the list according to CoinGecko, having risen by 79.9% in the past 24 hours, reaching $0.5586 from $0.2704.

Notably, MMX's current surge comes after a period of consistent decline, with the token having dropped by approximately 15% in the past week, 40% in the last month, and 73% in the past year. Similar to FunToken, there are no apparent fundamental reasons behind MMX's sudden price spike.

Enzyme (MLN) comes in third on the list, having increased by 32.3% in the last 24 hours, reaching a high of $11.33 from a low of $8.55.

Unlike the other rapidly rising tokens, Enzyme has a clear catalyst for its price movement. The project has recently been nominated in five categories at the upcoming Hedgeweek Global Digital Assets Awards 2025, which has brought positive attention to the protocol and its native token.

"We’re excited to announce that Enzyme has been nominated in 5 categories at the @Hedgeweek Global Digital Assets Awards 2025!

・Blockchain Technology of the Year
・Institutional DeFi Solution of the Year
・Solution Provider of the Year: Innovation
・Solution Provider of the…"