Why did $FTT increase?
Today's growth (of the FTX token) is mostly due to speculation about the possible revival of the FTX exchange, despite its difficult legal situation. There are rumors that there are restructuring plans that could include the return of FTX in a new form, particularly for customers outside the US. This fueled investors' hopes that FTT could return to its utilitarian role in a potential "FTX 2.0". Additionally, recent developments in the case of the exchange's founder, Sam Bankman-Fried, have contributed to the token's price increase as traders bet on a possible platform revival【23†source】【24†source】.$FTT
Another factor contributing to growth is increased attention to the FTX bankruptcy process. Investors speculate that the owners may benefit from the restructuring process of the company's assets, which has led to increased trading volumes and optimism, despite the uncertainty.$FTT
