The embattled FTT token has surged today as traders continue to pile into the collapsed exchange asset in an attempt to make a quick buck.
Crypto markets are still in the green this Monday morning. However, some token prices are skyrocketing.
The native token for the bankrupt FTX exchange, FTT, is pumping at the moment. From an intraday low of $1.64, FTT surged to a high of $2.50 during the morning hours of Jan. 16.
The move added 52% to the token’s price in 18 hours. FTT is now trading at its highest level since the FTX collapse in early November.
(By Martin Young)
All Comments