👉👉👉 #FTT Crashes 30% while #FTX Revives hopes fade: is the dream over?

The fading hopes of a revived FTX exchange sparked a major selloff in its native token, $FTT , with the cryptocurrency falling more than 30% last week, according to Kaiko data. This sharp decline erased much of the recent gains generated by speculation surrounding a potential FTX comeback.

Reports that the bankrupt exchange, once run by Sam Bankman-Fried, would likely not resume trading, contributed to the worrying decline in FTT's value. Despite the glimmer of hope offered to FTX customers during a recent court hearing, during which exchange representatives discussed plans to fully refund users, prospects for recovery appear bleak.