Noticed the growth of FTT in crypto community news, but it looks purely speculative. The price jumped by +0.47% in a day, but looking at the volumes - 9.36K in daily trading, these are very small volumes. Such low liquidity often leads to sharp jumps and price spikes. Plus, volatility on short positions is a classic scenario for manipulation. Honestly, this doesn't resemble an exchange recovery or anything fundamental. FTX is still in bankruptcy proceedings, and the token remains tied to that. High risk, in my opinion. Speculators are playing on low liquidity, but that doesn't mean the asset becomes more reliable. You need to be cautious with such movements.

FTT2,88%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin