Ambifungus

ambi means both/around

fun means enjoyment/amusement/lighthearted pleasure

gus means great/magnificent

ambifungus means: being around something that is both enjoyable/amusing and magnificent/great

“ambifungus is plural so what does ambufungi mean??”
being around something that just isn't as great/magnificent, but still enjoyable

It is an adjective by nature, HOWEVER, it is also described as:
a sport
a food
a state of being
a feeling

a belief
a behavior
an interpretive dance
a tone tag
a movie
a tv show
a weapon