đš $FTT +23% â PUMP OR REAL CATALYST?
$FTT | FTX Token is currently showing +23.25% on Binance Gainers.
But this one needs EXTRA caution.
đ Recent volume was relatively small compared with some of today's other gainers:
âą Oct 1: ~$0.8M
âą Oct 2: ~$1M
âą Oct 3: ~$0.5M
âą Oct 4: ~$0.6M
âą Oct 5: ~$0.8M
âą Oct 6: ~$0.5M
âą Oct 7: ~$0.8Mâ$1.3M
So far, the volume expansion isn't as convincing as what we're seeing in $MET or $STRK.
đ§ WHY IS FTT MOVING?
FTT remains highly speculative because of the ongoing FTX bankruptcy and creditor-related developments.
There has also been market speculation around potential FTT/Solana-related developments, but speculation should NOT be treated as confirmed news.
đš IMPORTANT:
+23% does NOT mean FTX is making a comeback.
FTT remains a highly speculative asset and can react sharply to rumors, liquidity changes and market sentiment.
đ WHAT I'M WATCHING:
If volume suddenly expands significantly and the price holds the breakout, the move becomes more interesting.
If volume fades â today's pump could quickly turn into profit-taking.
â ïž HIGH RISK. HIGH VOLATILITY.
DYOR. Never FOMO into a pump.
#FTT #FTX #Binance #Crypto #Altcoins #DYOR
$FTT | FTX Token is currently showing +23.25% on Binance Gainers.
But this one needs EXTRA caution.
đ Recent volume was relatively small compared with some of today's other gainers:
âą Oct 1: ~$0.8M
âą Oct 2: ~$1M
âą Oct 3: ~$0.5M
âą Oct 4: ~$0.6M
âą Oct 5: ~$0.8M
âą Oct 6: ~$0.5M
âą Oct 7: ~$0.8Mâ$1.3M
So far, the volume expansion isn't as convincing as what we're seeing in $MET or $STRK.
đ§ WHY IS FTT MOVING?
FTT remains highly speculative because of the ongoing FTX bankruptcy and creditor-related developments.
There has also been market speculation around potential FTT/Solana-related developments, but speculation should NOT be treated as confirmed news.
đš IMPORTANT:
+23% does NOT mean FTX is making a comeback.
FTT remains a highly speculative asset and can react sharply to rumors, liquidity changes and market sentiment.
đ WHAT I'M WATCHING:
If volume suddenly expands significantly and the price holds the breakout, the move becomes more interesting.
If volume fades â today's pump could quickly turn into profit-taking.
â ïž HIGH RISK. HIGH VOLATILITY.
DYOR. Never FOMO into a pump.
#FTT #FTX #Binance #Crypto #Altcoins #DYOR