What’s Fueling the Rise?
1. FTX to Repay Customers
The bankrupt exchange announced it will repay up to $16.5 billion to its users.
98% of customers with claims under $50,000 will receive full compensation within 60 days.
This news sparked a wave of renewed interest — and speculative buying of FTT.
2. Trading Volume Explodes
Following the announcement, FTT trading volume surged by 450%, hitting $160M+ in 24 hours.
Traders are clearly looking for a quick flip.
3. SBF Resurfaces Online
Despite being sentenced to 25 years in prison, Sam Bankman-Fried unexpectedly posted on social media.
The result? FTT price jumped 29% in a day — even without any meaningful update.
What’s the Status of FTX?
FTX will not be relaunched
SBF is serving 25 years in prison
FTX will not be relaunched
The exchange is focused on asset liquidation, not revival
A US court has banned FTX from engaging in digital asset trading
So… Should You Buy FTT?
Only if you:
Know it’s a pure speculation play
Are okay with high risk, high reward
Plan to trade short-term, not HODL
Let’s be real — FTT has no utility anymore.
It’s a zombie token: dead fundamentals, but still dancing to the music of hype.
What’s your take?
Did you buy the dip?
Betting on another pump?
Or staying away from “financial necromancy”? 🧟♂️
Drop your thoughts below — and if there’s interest, I’ll post a quick TA breakdown of FTT’s chart.
#FTT #FTX #CryptoNews #Trading #Altcoins #BinanceSquare #Write2Earn
$FTT