In the past few days, I have seen some friends asking about the restart of FTX and the creditors, and their views on the old platform currency FTT.
Today, let's talk about FTT. FTT is the platform currency of FTX. Although it has closed down before, it has received a lot of attention due to the creditors' problem. If it is restarted in the future, it must be the intervention of the US government. The final result is nothing more than two kinds.
The first is to change the name and restart. This is the method used by many project parties who have made a bad reputation on the same plate, but do not want to lose this famous project. They change the name and start over again, injecting a new story. The most obvious representatives are the old LUNA and the new LUNC.
The second is to abandon FTT, start a new platform currency, abandon the original ecology of FTT, do no new development on the chain, and just abandon FTT. Restart FBB. All subsequent ecology is developed on the new ecology. Typical representatives are OKB and OKT
But these two are not good news for FTT, so there is not much hope for FTT to make a comeback like SOL. After all, SOL is a public chain with a strong ecosystem, but it does not mean that FTT is useless and has no value
First of all, FTX has not officially landed yet. Once FTX is restarted, FTT will definitely be the first batch of dividends before the first two points happen.
Second, FTT dealers now hold super concentrated positions. After nearly a year and a half of absorbing chips, most of the chips have flowed back to the dealers. The trend of the proportion of large households holding coins is that the top ten large households account for more than 93% of the total circulation, and the top 100 addresses account for more than 98% of the total circulation.
Third, in the global exchange rankings, only Coinbase is in the top three. If a big bull market breaks out, the United States needs FTX to restart to bite the big fat meat in the encryption market. FTX can help the United States lay out a bigger network.
From the trend level, FTT is already near the historical position, and there is only about 30% space from the new low, but the upper space is indeed very sufficient. It is currently the lowest point in 35 weeks, and after closing last week, it has now taken a positive trend.
In summary, FTT has the potential to hold a potential coin in the medium term, and the outbreak period can be seen in FTX restarting speculation
Now you can arrange the first position
