As of May 16, 2025, FTX Token ($FTT )
is trading at approximately $1.27 against USDT, with a 24-hour range between $1.12 and $1.30 . The token's market capitalization stands at around $422 million , and it has a circulating supply of 328.89 million FTT.
Technical analysis indicates potential bullish momentum:
* Support Levels : $0.94 and $0.96
* Resistance Levels : $1.05 and $1.09
* Trade Plan : Entry between $0.995 and $1.01, with targets at $1.05 and $1.10.
However, it's crucial to note that FTT's utility has diminished following FTX's bankruptcy proceedings, and the token may be liquidated to repay creditors. Investors should exercise caution and stay updated on legal developments affecting FTT's future.
