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$FTT FTT: The "Ghost Token" Update (Jan 2026)
If you are looking at FTT right now, you need to understand that this isn't a normal utility coin anymore. It is a speculative asset tied to the final chapters of the FTX bankruptcy.
What’s Happening Now?
* The Repayment Catalyst: We are currently in the Fourth Round of Creditor Payments (January 2026). The FTX estate has already distributed over $7 billion. While FTT itself isn't used for these payouts (they are paid in cash), the coin often "pumps" on any positive news regarding the bankruptcy progress.
* The Price Floor: FTT has been hovering around the $0.45 – $0.50 range. It recently hit an all-time low of $0.45 in late December 2025, but it has seen small "dead-cat bounces" as the final distribution phase begins.
* Status on Binance: Note that FTT is no longer on the main Binance Spot exchange. To trade it, users generally have to use the Binance Web3 Wallet or DEXs.
The Simple Analysis
The Bull Case (Speculative): If the final liquidation of assets goes better than expected or if there is any surprise legal "win" for the estate, speculators might drive the price toward $1.00 again. It’s a "hype" play.
The Bear Case (Fundamental): FTT has zero utility. There is no exchange using it, no burned supply, and no roadmap. Once the bankruptcy is fully closed (expected later this year), the token may lose all relevance.
Trade Setup (Speculative Only)
* Support: $0.45 (The "Ultimate Floor")
* Resistance: $0.65 (The "Breakout Target")
* Strategy: Only "gamble" what you are 100% willing to lose. This is a high-risk, news-driven token.
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