The news that "Trump has pardoned former FTX founder Sam Bankman-Fried" has spread widely on social media, sparking a strong speculative buying surge in a short time, causing the FTT price to skyrocket by about 43%. The trading volume rapidly expanded to over $100 million within 24 hours, and the surge in liquidity, combined with algorithmic trading and market-making strategies, significantly amplified the bullish momentum, propelling the market to continue rising
