{"id":516165,"date":"2023-01-16T04:30:37","date_gmt":"2023-01-16T09:30:37","guid":{"rendered":"https:\/\/ktsl888.com\/?p=516165"},"modified":"2024-06-11T14:33:19","modified_gmt":"2024-06-11T14:33:19","slug":"ftx-ftt-token-spikes-43-a-revival-happening","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ftx-ftt-token-spikes-43-a-revival-happening\/","title":{"rendered":"FTX\u2019s FTT Token Spikes 43%, A Revival In The Works?"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Amid a bull run, mini or not, literally, anything can pump in the crypto market, even a token such as <a href=\"https:\/\/ktsl888.com\/ftx\/can-ftt-hold-the-gains\/\">FTX\u2019s FTT Token<\/a>. After the tragic fall of the exchange, everything about the exchange crashed, including its reputation. However, after a while, it seems as though a piece of the exchange is trying to stage a revival.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Over the past months following the exchange&#8217;s bankruptcy incident, FTT had fallen from a ranging $25 market price to new lows of around $1. Though it may seem as if there is no hope for the token, some still find it useful as, in the past few days, traders have been seen accumulating the collapsed exchange&#8217;s crypto in an attempt to make quick gains.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">FTT Token Surges By Over 40% In 24 Hours<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Amid the refreshing green market, FTT has taken advantage of the \u201cmini bull run\u201d and has done more than 50% in the last 7 days. At the moment, the <a href=\"https:\/\/ktsl888.com\/press-releases\/ftx-ftt-and-ripple-xpr-battle-on-orbeon-protocol-orbn-leads-the-way-as-top-crypto-token\/\">FTT token<\/a> is still printing bullish trends. From an intraday low of $1.64, FTT has skyrocketed to higher highs during the morning hours of January 16.<\/span><\/p>\n<figure style=\"width: 1381px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/uAUdVYhs\/\" alt=\"FTT Token price chart on TradingView\" width=\"1381\" height=\"826\"><figcaption class=\"wp-caption-text\">FTT price is moving sideways on the 1-hour chart. Source: FTTUSDT on <a href=\"https:\/\/www.tradingview.com\/chart\/XnG6rHFG\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">The sudden spike added over 150% to its value in the past 7 days. FTT is now trading at the highest level ever seen since the FTX fallout in early November. <\/span><\/p>\n<p><span style=\"font-weight: 400\">At the time of writing, the FTT token is still pumping hard, with a 24-hour high of $2.62 and a current trading price of $2.33.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/ftx\/can-ftt-hold-the-gains\/\">FTX Token Jumps 65% As SBF Returns Home, Can FTT Hold The Gains?<\/a><\/div>\n<h2><span style=\"font-weight: 400\">A Revival Happening?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Given the state of the FTT token prior to the pump and the sudden surge, the chances appear to be less of a revival but instead a <a href=\"https:\/\/twitter.com\/cryptolimbo_\/status\/85883649?s=46&amp;t=MxYj9V9_fESppGZge3hBBQ\" target=\"_blank\" rel=\"noopener nofollow\">manipulation by traders<\/a> wanting to make a few extra bucks. When doing research, there seemed to be no significant news or reason behind the token pump except the theory of it in the process of a pump and dump scheme.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Regardless of the pump, FTT is still way below its highest peak of an all-time high of $84.18 which was achieved during the good days of the exchange and amid the crypto market bull cycle in 2021. Overall, in the past month, FTT has fallen by more than 50% and even traded below $1 following the <a href=\"https:\/\/ktsl888.com\/news\/ftx-crash-triggers-major-selloff-in-solana-price-how-deep-will-sol-dive\/\">FTX crash<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Furthermore, there\u2019s yet to be any fresh news on <a href=\"https:\/\/ktsl888.com\/news\/sam-bankman-fried-addresses-8-billion-balance-sheet-deficit-the-key-takeaway\/\">Sam Bankman-Fried<\/a> and his collapsed exchange, FTX, that could persuade a pump. So, therefore, the theory remains to be that FTT&#8217;s sudden surge is a pump-and-dump scheme that will eventually make the token probably reach new lows after the traders initiating the scheme are done.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/breaking-news-ticker\/sec-charges-sbf-of-allegedly-conducting-fraud-schemes\/\">SEC Charges SBF Of Allegedly Conducting Fraud Schemes<\/a><\/div>\n<p><span style=\"font-weight: 400\">Meanwhile, FTT hasn&#8217;t been the only token pumping; other altcoins such as Binance coin (BNB), Fantom (FTM), and <a href=\"https:\/\/ktsl888.com\/news\/company\/solana-price-set-to-fall-behind-ftt-price-while-dash-2-trade-can-overcome-mana-in-2023\/\">Solana (SOL)<\/a> have also been seeing green over the past few days. BNB is up 2.1% in the last 24 hours, FTM 3.2%, and SOL 8% over the same period.<\/span><\/p>\n<div class=\"disclaimer-shortcode\">Featured image from Unsplash, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Amid a bull run, mini or not, literally, anything can pump in the crypto market, even a token such as FTX\u2019s FTT Token. After the tragic fall of the exchange, everything about the exchange crashed, including its reputation. However, after a while, it seems as though a piece of the exchange is trying to stage a revival. Over the past months following the exchange&#8217;s bankruptcy incident, FTT had fallen from a ranging $25 market price to new lows of around $1. Though it may seem as if there is no hope for the token, some still find it useful as, in the past few days, traders have been seen accumulating the collapsed exchange&#8217;s crypto in an attempt to make quick gains. FTT Token Surges By Over 40% In 24 Hours Amid the refreshing green market, FTT has taken advantage of the \u201cmini bull run\u201d and has done more than 50% in the last 7 days. At the moment, the FTT token is still printing bullish trends. From an intraday low of $1.64, FTT has skyrocketed to higher highs during the morning hours of January 16. The sudden spike added over 150% to its value in the past 7 days. FTT is now trading at the highest level ever seen since the FTX fallout in early November. At the time of writing, the FTT token is still pumping hard, with a 24-hour high of $2.62 and a current trading price of $2.33. Related Reading: FTX Token Jumps 65% As SBF Returns Home, Can FTT Hold The Gains? A Revival Happening? Given the state of the FTT token prior to the pump and the sudden surge, the chances appear to be less of a revival but instead a manipulation by traders wanting to make a few extra bucks. When doing research, there seemed to be no significant news or reason behind the token pump except the theory of it in the process of a pump and dump scheme.\u00a0 Regardless of the pump, FTT is still way below its highest peak of an all-time high of $84.18 which was achieved during the good days of the exchange and amid the crypto market bull cycle in 2021. Overall, in the past month, FTT has fallen by more than 50% and even traded below $1 following the FTX crash. Furthermore, there\u2019s yet to be any fresh news on Sam Bankman-Fried and his collapsed exchange, FTX, that could persuade a pump. So, therefore, the theory remains to be that FTT&#8217;s sudden surge is a pump-and-dump scheme that will eventually make the token probably reach new lows after the traders initiating the scheme are done.\u00a0 Related Reading: SEC Charges SBF Of Allegedly Conducting Fraud Schemes Meanwhile, FTT hasn&#8217;t been the only token pumping; other altcoins such as Binance coin (BNB), Fantom (FTM), and Solana (SOL) have also been seeing green over the past few days. BNB is up 2.1% in the last 24 hours, FTM 3.2%, and SOL 8% over the same period. Featured image from Unsplash, chart from TradingView.com<\/p>\n","protected":false},"author":580,"featured_media":516169,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[1558,87546,87394,71704,87382],"class_list":["post-516165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-cryptocurrency","tag-echange","tag-ftt","tag-ftx","tag-sbf"],"acf":[],"yoast_head":"\n<title>FTX\u2019s FTT Token Spikes 43%, A Revival In The Works?<\/title>\n<meta name=\"description\" content=\"Amid a bull run, mini or not, literally, anything can pump in the crypto market, even a token such as FTX\u2019s FTT Token. 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A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/ktsl888.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"FTX\u2019s FTT Token Spikes 43%, A Revival In The Works?","description":"Amid a bull run, mini or not, literally, anything can pump in the crypto market, even a token such as FTX\u2019s FTT Token. 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A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. 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