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news-imageOctober 2, 2024

Warning : FTT Token Can Cause Huge Loss to Investors

FTT token of the bankrupt crypto exchange FTX witnessed a dramatic price surge by 115% and hitting $2.99 before closing at $2.40. The token has been trading around $1.30 for quite some time before suddening surging. Let's understand why this token became so bullist amidst market uncertainty.
Publisher: CoinPedia
Sentiment: Negative
FTT

More News Articles

Positive
cover-imageThe Currency Analytics
October 19, 2024

FTX Price Prediction: What to Expect from FTT in 2024–2030

The cryptocurrency market is notorious for its wild price swings, and the recent resurgence of the FTX Token (FTT) exemplifies this volatility. After experiencing a remarkable price increase of 16% in just one day, FTT has captured the attention of investors keen to understand its potential trajectory.

Neutral
cover-imageInvezz
October 14, 2024

Uniswap price soars while FTX's FTT token and Ripple (XRP) struggle with regulatory challenges

The cryptocurrency market has witnessed significant fluctuations and developments over the past few weeks, impacting the prices and sentiments surrounding various assets, including Uniswap (UNI) token, XRP, and FTX's FTT token, XRP. FTX's FTT token navigating a caution market sentiment FTX's FTT token is currently priced at $2.02, reflecting a 3.

Negative
cover-imageCoinPedia
October 9, 2024

FTX Token Drops 31% In 2 Days, Major Crash Incoming For FTT Price?

Amid increased market volatility, the 10-day dream run of the FTT cryptocurrency comes to a halt. Following the announcement of the repayment plan to its creditors, the FTT price surged over 100% within a short period. However, with the altcoin surpassing its major resistance level, many investors are booking their profits.

Positive
cover-imageNewsBTC
October 7, 2024

FTX Bankruptcy Plan Approved: $16 Billion In Assets To Be Repaid, FTT Price Soars 20%

A US bankruptcy court has officially approved crypto exchange FTX liquidation plan, paving the way for it to repay customers using $16 billion in recovered assets, according to Reuters, which reports that the ruling was made by Judge John Dorsey during a court hearing in Wilmington, Delaware, on Monday. Court Approves FTX Settlements The approved plan includes a series of settlements with FTX customers, creditors, US government agencies, and liquidators tasked with managing the company's operations outside the United States.

Positive
cover-imageBitcoin
October 7, 2024

SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See Gains

According to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw impressive gains, with spx6900 (SPX) stealing the spotlight by skyrocketing 193%.

Positive
cover-imageCrypto Reporter
October 4, 2024

FTX Repayment Begins – How High Can BNB and SOL Go? The Latest Crypto Whale Bags This New Exchange-Based Token

The FTX $12.7 billion repayment is a bullish catalyst many never expected, considering the exchange's collapse was behind the 2022 bear market. With fresh liquidity to be injected into the crypto market, Binance Coin (BNB) and Solana (SOL) are altcoins to watch. Meanwhile, whales have been positioning themselves ahead of the upcoming bull run.

Positive
cover-imageCoinPedia
September 29, 2024

FTX Crypto Soars 93%: This Is Why FTT Coin Is Pumping!

The FTX token has recorded a massive price surge in its portfolio in the past few hours raising many speculations. Notably, the price rally sparked following a tweet by a crypto influencer “Crypto Rover” claiming that the FTX exchange could be repaying $16 billion to its creditors from 30th September.

Positive
cover-imageNewsBTC
May 8, 2024

FTT Surges 50% On FTX Creditors' Claims Settlement And Billions In Compensation: How High Can It Rise?

In a significant development, defunct cryptocurrency exchange FTX has unveiled a reorganization plan to reimburse almost all of its customers. The announcement has sparked a substantial surge in the exchange's native token, FTT, which recorded an uptrend of 52% over the past seven days, reaching a monthly high of $2.29 during Wednesday's early trading session.

Positive
cover-imageCoinPedia
May 8, 2024

FTX Token To Retest $3 This Week As FTT Price Jumps 38% Today?

The bearish price sentiment in the cryptocurrency industry is on a constant rise as top altcoins struggle to breach their important resistance levels. However, mid-cap and low-cap altcoins have recorded a positive price action, highlighting a switch of interest among investors toward these altcoins.

Negative
cover-imageCryptoSlate
April 19, 2024

FTX empties FTT treasury wallet, transferring assets worth over $250 million

The bankrupt FTX exchange emptied its FTT treasury account to a new wallet address on April 18. Arkham Intelligence's dashboard showed that the transferred assets from the FTT Treasury wallet include 195.87 million FTT tokens valued at approximately $247 million, 1,938 ETH valued at around $6 million, and 6.36 million JOE tokens worth $3.25 million.

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