It is not and FUN token is worthless. Its price is going to lala land. Turned into a worhless and cheating site.
FUN price has nothing to do with freebitco.in. If FUN's price is falling it's simply due to supply and demand rule. The fact is that FUN's supply is just too high, and there isn't enough demand for it, therefore the price tends to remain stable or decrease along the time. However, you don't profit from FUN only by investing on it. In freebitco.in you earn extra daily interest on your BTC holdings by also holding FUN in your account. That is the best way to take advantage of this token, as you will be earning extra money in BTC, which is constantly gaining more value on long term.
However, it's only interesting for those who have a considerable sum of Bitcoin on their balances, otherwise they will only make cheap profit through WoF spins from the premium FUN program, besides some extra profit through locking FUN for determined periods of time, up to 25% APY by locking them for a whole year. Anyway, don't expect 25% liquid profit, as the price of the token may keep falling during the time they are locked...
What I mean is that the token isn't totally worthless. It's still profitable, depending the investor's bankroll size and for how long he is willing to invest.