FTT Coin has been experiencing significant fluctuations recently, with distinct highs and lows seeming to correspond with the company's activities. FTT saw a 36% price increase following the announcement of an
Exchange Reorganization Plan, and saw an even greater 70% spike amid bankruptcy distributions. FTT's price also responded strongly to market related rumours, with a 60% increase. This climb was accentuated when a
Reimbursement Plan received court approval, leading to a 42% increase. Despite the turmoil surrounding the company, the FTT market capitalisation stands at a significant $535M. As repayments commence, investors are anxiously watching the potential for FTT to surge. There have been significant retrenches, however, with the coin dropping 80% due to liquidity concerns, and enduring a 31% decline within two days. The coin's behaviour appears linked to the company's controversial status. FTT soared by 37% upon the proposal of repayment to creditors and again by 90% following comments from Gensler. However, the demise of FTX and bankruptcy plans which exclude FTT token holders have raised major concerns. With rumours of a potential FTX revival, significant FTT price hikes and predictions of possible increases with the initiation of creditor repayments, the coin is simultaneously hailed as a promising Opportunity and deemed a naive investment. Despite this uncertainty, it is clear that FTT is massively influencing market trends and is a coin to watch.
FTT Coin News Analytics from Tue, 23 Jul 2019 18:56:23 GMT to Wed, 19 Mar 2025 01:14:36 GMT -
Rating 6
- Innovation 3
- Information 5
- Rumor 1
