FTX Digital Markets has announced that it will reimburse its creditors, providing relief for those who lost assets in November 2022. This news has generated strong interest and confidence in the FTT token, leading to a 4.5% price surge and increased trading volume. On-chain analytics show that long-term holders and investors are accumulating the token, and there has been a significant outflow from exchanges, indicating a potential buying opportunity. If FTT can hold above $1.83, there is a possibility of a 100% increase to reach $3.90 in the future, although there may be resistance at $2.30 and $2.75 levels. Overall, the cryptocurrency market sentiment is recovering, and this development could benefit the FTT token.
Content Editor ( coinpedia.org )
- 2025-02-04
FTT Price Prediction: FTX’s Creditor Payout Incoming
