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Solana (SOL), Serum (SRM), and the FTX Token (FTT) have been at the forefront of the crypto rally. Despite all of these coins being linked to the FTX crypto exchange and suffering dearly for it when the company filed for bankruptcy, they have been able to stage a massive reversal.
The native token of the now-defunct crypto exchange FTX Token (FTT), has had an incredible rally this week.
Bankrupt FTX's native token FTT is one of the best-performing digital assets in the last 24 hours, surging by over 48% to $2.58, according to CryptoSlate's data. The post FTT surges 48%; other bankrupt tokens also rise appeared first on CryptoSlate.
As the drama surrounding FTX continues to play out, the value of FTX's token, FTT, is now seeing a significant increase.
The prices of cryptocurrencies have been in the green since earlier this year.
Amid a bull run, mini or not, literally, anything can pump in the crypto market, even a token such as FTX's FTT Token. After the tragic fall of the exchange, everything about the exchange crashed, including its reputation.
The embattled FTT token has surged today as traders continue to pile into the collapsed exchange asset in an attempt to make a quick buck. The post Degens Can't Quit FTX Token Trading, FTT Surges 52% appeared first on BeInCrypto.
FTX Token (FTT) the native token of the now bankrupt cryptocurrency exchange FTX has been on an epic rally this week despite the FTX founder and former CEO Sam Bankman-Fried pleading not guilty to all eight counts of U.S. criminal charges.
The FTX Token has done well in 2022 as more revelations about the company emerge. FTT rose to a high of $1.5820 on January 10
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange's token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that threshold.
After weeks of stagnation, the crypto market roared back to life on Monday as coins with smaller market capitalizations outperformed larger ones like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
It looks like investors misinterpreted a few details about the business intelligence company's relationship with the crypto market.
FTX founder Sam Bankman-Fried is facing a stark reality check today as he appears in a U.S. court to face a lengthy list of charges.
There's no doubt that 2022 was a tough year for crypto. It might have started with the hangover of 2021's bull market but was engulfed by Terra's crash and the collapse of FTX.
SOL price jumped 20% after falling to its worst level since February 2021 with Solana's technicals suggesting that more upside is possible.
To conclude, three of the biggest crypto crashes in 2022 were LUNA, FTT and SGB. While the first two digital assets seem to have slim chances of recovery, SGB may recuperate in January 2023.
Projects pay the price for accepting SBF's blessing as their tokens plummet
The crypto market has experienced a lot in 2022: war in Europe, record-high inflation in the US, the demise of Terra and FTX, a great deal of job loss, and sharp price declines.
Life comes at you fast, they say— one day you are at the spearhead of revealing misdoings. A few weeks later, you are trying to give reasons why your exchange was facing no troubles despite the words on the street.
New concerns have emerged about Binance's BNB after the US Securities and Exchange Commission labeled FTX's FTT as a security. The post Crypto Community Fears For Binance BNB as FTT is Declared Security appeared first on BeInCrypto.
Binance exchange recently faced rumors regarding insolvency due to which hefty amounts of funds were withdrawn from the platform. This impacted the BNB price as well which dropped heavily by nearly 24%.
FTX Token (FTT) saw massive gains on Thursday as news of former CEO Sam Bankman-Fried making bail spread across the space. The rapid uptick in the price of the token showed the positivity, albeit brief, that had spread across investors in the token.
When the now-bankrupt crypto exchange FTX acquired the crypto mobile app Blockfolio, payment was not made in cash but instead in the form of FTX's own FTT tokens, financial statements have revealed.
FTX has supposedly financed 94% of its Blockfolio acquisition deal in FTT tokens.
