I feel that this is a really bad time to launch your token FJ because of the horrendous bear market at the moment. Your token would most probably take a massive dump and disappear like it was nothing in such a bear market.
I suggest launching it later on when the market conditions are better though no one really knows how long that would take.
I think FJ knows when market will start to recover, like they have a lot of contacts and money, they are here from 2013, probably FJ will sell it's token when market gona recover, mark my words.
Recover from what? The current market price is still high compared to last bear market season. Bitcoin price is still hovering from 50K to 60K while the peak price is just 70K+ which is still close. The last bear market has a decrease from peak with 50% so the current is completely fine not as bad as before.
I think releasing the token now is still relevant as long as they can provide better tokenomics and utility for this tokens or else this will suffer same fate with most of casino tokens regardless if bear/bull market.