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3232FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges
https://www.digit.info/ftxs-exchange-token-ftt-sees-mysterious-pump-amid-bankruptcy-case-sbf-fraud-charges/
Wed, 11 Jan 2023 17:30:24 +0000https://www.digit.info/2023/01/11/ftxs-exchange-token-ftt-sees-mysterious-pump-amid-bankruptcy-case-sbf-fraud-charges/Read more]]>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. FTT Token Jumps 28% Rising Above […]
]]>FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume
https://www.digit.info/ftt-breaks-1-support-for-the-first-time-since-ftx-collapsed-token-struggles-with-dwindling-trade-volume/
Tue, 20 Dec 2022 18:30:14 +0000https://www.digit.info/2022/12/20/ftt-breaks-1-support-for-the-first-time-since-ftx-collapsed-token-struggles-with-dwindling-trade-volume/Read more]]>Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per unit region after Nov. 12, 2022. For 38 days FTT remained above the $1 per unit area up until Dec. 19, as the token suddenly […]
]]>Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme
https://www.digit.info/talks-of-issuing-a-new-ftt-token-fuel-coins-price-despite-ftts-broken-tokenomics-scheme/
Sat, 10 Dec 2022 16:30:31 +0000https://www.digit.info/2022/12/10/talks-of-issuing-a-new-ftt-token-fuel-coins-price-despite-ftts-broken-tokenomics-scheme/Read more]]>Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed to climb 23.4% higher against the U.S. dollar […]
]]>FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags
https://www.digit.info/ftx-contract-deployer-unlocks-192-million-ftt-exchange-tokens-questionable-tokenomics-highlights-red-flags/
Sun, 13 Nov 2022 15:30:59 +0000https://www.digit.info/2022/11/13/ftx-contract-deployer-unlocks-192-million-ftt-exchange-tokens-questionable-tokenomics-highlights-red-flags/Read more]]>Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT) has shed 91.6% in value during the last seven days. While the FTT token’s utility is based entirely on the backing of the now-bankrupt FTX and Alameda Research, the token is still trading for […]