FTX's native token, FTT, experienced a 44% price surge driven by tweets from FTX founder Sam Bankman-Fried. However, the rally was speculative and not supported by substantial capital inflows. While the price rose, there were no significant inflows and investors were hesitant to fully commit to the token. Whale addresses have shown minimal activity, indicating a lack of interest from major investors. FTT's price retraced after reaching a high of $2.31 and is struggling to break above resistance at $1.83. A sustained rally beyond $2.00 remains uncertain without strong investor backing.



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