$FTT There are 2 points to know when buying FTT

1. If FTT has no market and no news to stimulate, it will be a great obstacle to make FTT rise. FTT can survive until now, it is nothing more than bankruptcy and reorganization. FTX may reopen soon. After so long, BN has not removed FTT, which shows that BN (not Zhao Changpeng) still holds some FTT. FTT needs a lot of cash to return from bankruptcy and reorganization. There is no clear news that FTX has received a lot of financing or investment, which is terrible. However, if FTX reorganizes successfully, then FTT will also rise 100%, and high-value FTT is also needed to make FTX profitable, improve FTT liquidity, and even revitalize FTX.

2. FTT does not rise or fall with the mainstream. The current trading volume is shrinking. 1-2 US dollars is still a low value for the market. There is no news that FTX will abandon FTT and switch to other. FTX reorganization also claimed that it would compensate FTT owners. Therefore, in the long run, holding FTT will be an opportunity investment rather than a value investment. Therefore, once a profit is made, there is considerable room for it. However, it is not ruled out that FTX reorganization fails and the bull market ends early.