FTX's Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges – Market Updates Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that threshold. FTXtoken FTX ExchangeToken

, has seen a marked increase over the past two days. On Jan. 9, 2023, the coin reached $1.36 per unit. While some of those gains have been lost, FTT is currently holding above the $1 range at $1.22 per coin as of 9:30 a.m. Eastern Time on Jan. 11, 2023. The reason for this surge in value is uncertain, as FTT’s tokenomics are tied to the now-defunct FTX exchange and its potential future growth.are extremely high, with a single address controlling 59.55% of the entire FTT supply.

The most active crypto exchanges trading FTT currently include Binance, Mexc Global, Kucoin, Gate.io, and Sushiswap. On Sushiswap alone, there is roughly $104,496 in FTT trades paired against wrapped ethereum . The overall global trading volume for FTT is approximately $23.81 million among all exchanges worldwide. Since the FTT token’s all-time low 12 days ago on Dec. 30, 2022, when it reached $0.827 per unit, it has risen 45.8%. However, it remains 98.6% down from its all-time high of $84.

FTT is among many crypto assets that have managed to survive despite a lack of development or clear tokenomics. It has now become something for traders to speculate on as a hobby, and in light of the ongoing scandal involving SBF and FTX, it is difficult to view it seriously.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

$SHR 🔥 🚀 🚀 🔥🔥🔥🔥 🔥 🚀 🚀 🔥 🔥 🔥🔥🔥🔥🚀🚀🚀🚀 🔥 🔥🔥🔥 🔥 🚀 🚀 🔥 🔥 🔥 🚀 🚀 🔥 🔥 🔥 🚀 🚀 🔥 🔥 SheraTokens 💸💸💸

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tuesday, Jan. 10, 2023: Cramer eyes these stocks for potential buysJim Cramer and Jeff Marks share why they are looking to lighten up on high-multiple stocks in the portfolio. Jim says it may be time to look to the healthcare sector for potential buys, and names several stocks on his radar.
Source: CNBC - 🏆 12. / 72 Read more »