FTT is the native token of the collapsed FTX exchange; it lost most utility after FTX filed for bankruptcy in 2022 and remains tied to legal and creditor outcomes.
The price is trading very low compared to its all‑time high (~$85), reflecting prolonged sell pressure and limited use case.
Recent price action shows bearish momentum and oversold technical conditions, indicating weak buying conviction.
FTT’s market behavior is influenced by bankruptcy news, regulatory updates, and speculation on creditor payouts rather than fundamentals.
Risk remains high due to legal uncertainty and the token’s lack of exchange utility, making it speculative and volatile.
$FTT #FTTTokenSurge #ftt