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FTT token trading volume may increase due to FTX compensation plan

FTT token trading volume may increase due to FTX compensation plan

CointimeCointime2024/05/17 00:10
By:Cointime

The FTT token, which has become invalid on FTX, experienced a surge in trading volume after positive news from creditors. FTX released a compensation plan last week, in which 98% of creditors will receive 118% of their allowed claims. On May 8th, the day the plan was announced, FTT spot trading volume reached $139 million.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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