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news-imageSeptember 30, 2024

Why is the failed FTX Exchange Token Pumping today? FTT Price Up By 60%

Amid the anticipation around the Bull Run, most cryptocurrencies are facing a bullish push these days, including the FTX Exchange token, which is surprising. FTX was among the most popular exchanges but filed for bankruptcy after it misused the user's funds and other illegal practices, leading to the collapse.
Publisher: Coingape
Sentiment: Neutral
FTT

More News Articles

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.

Negative
cover-imageNewsBTC
February 6, 2024

FTT Crashes 30% As FTX Relaunch Hopes Fade: Is the Dream Over?

The dream of a revived FTX exchange evaporates, triggering a massive sell-off of its native token, FTT. According to Kaiko, on February 5, FTT, the now utility-free currency of the defunct exchange, plummeted over 30% last week, erasing much of its recent gains fueled by speculation of an FTX comeback.

Neutral
cover-imageCoinPedia
January 23, 2024

FTT Price Hints 30% Jump! Is This The Right Time To Buy FTX Token?

The FTX token continues to display a neutral trend, highlighting a weak price action in the cryptocurrency market for the coin. Further, the FTT price has gained approximately 5% within the past 24 hours but has recorded a correction of over 15% over the past week, indicating a mixed sentiment in the crypto space.

Positive
cover-imageCoinPedia
January 12, 2024

FTX Price Breaks Out Of Its Key Level! FTT Price Eyes 15% Jump Soon?

The crypto industry continues to display massive volatility in its valuation, indicating ongoing buying and selling pressure in the market. Further, the FTX token after trading sideways for a brief period has displayed a significant jump, indicating an increased bull power in the space. The FTT price traded in a consolidated range between $3.

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