$FTT
The latest status of FTT token is as follows:
• Price and Market Cap: As of December 1, 2024, the current market cap of FTT is 854.80M USD, with a circulation of 328.90M FTT. The price of FTT today is 2.60 USD, with a 24-hour trading volume of 37.5489 million USD, and it ranks 40th in market cap.
• Price Fluctuation: FTT has increased by 11.55% in the past 24 hours. Additionally, FTT showed an upward trend on November 28, 2024, but there are signs of consolidation or a pullback.
• Market Dynamics: FTT broke through 2.3 USD on October 4, 2024, with a 24-hour increase of 12%. On September 30, 2024, the FTX token (FTT) saw a 24-hour increase of 48.22%, currently priced at 2.15 USD.
• Legal and Regulatory: It is noteworthy that the latest court filing clearly describes the recovery of FTT, stating that the fundamental value of FTT is zero. The court believes that FTT is merely a utility token that has no value outside of the currently non-existent operating exchange, and any current market price of FTT is speculative. In other words, FTT is considered a worthless token, and there will not be an FTX exchange that uses FTT as its platform token in the future.