FTX is about to resume operations
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A recent update shows that FTX has paid back almost all of its debt to customers.
This means that the affected tokens could potentially re-peg and realize 50-150x gains!
Here are 5 tokens that could turn $100 into $10,000 this summer
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FTX claims it can eliminate its $11 billion debt, and asset sales could reach $16.3 billion.
Under the new restructuring plan, almost all customers will recover their losses from FTX's November 2022 collapse!
Since FTX collapsed, the FTT token has lost 98% of its value.
The collapse created a domino effect that brought down other unsustainable projects as well.
After FTX recovers, the token has a high chance of recovery.
1: FTT As the native token of the FTX platform, the value of FTT plummeted after the exchange collapsed.
If FTX pays off its debts, the value of the token will soar.
2: $USTCTerra’s stablecoin USTC suffered during the FTX collapse.
If FTX begins to pay off its debt, it could restore market confidence and stability for USTC, potentially reversing its recent downturn.
3: $LUNA is critical to Terra’s ecosystem and is impacted by FTX.
FTX’s listing of LUNA improves Terra’s liquidity and market access.
In addition, Alameda Research, which is associated with FTX, has invested in Terraform Labs!
4: $FIDABonfida’s token FIDA has struggled due to its relationship with FTX. Progress in resolving FTX’s debt could spark a rally in FIDA, providing investment opportunities!
5: $ALEPH, a cross-chain decentralized storage network, has felt the impact of FTX’s collapse.
Progress in FTX’s debt repayment efforts could impact ALEPH’s path to recovery and rekindle interest!
