Cryptocurrency Scam: FTT, USTC, and LUNA
🔗 After a catastrophic collapse in 2022, the cryptocurrency exchange FTX is building a recovery plan that could significantly impact the market. The company aims to eliminate $11 billion in debt, bringing hope to both investors and users.
💡 Experts believe that the FTT token could see a significant price increase after FTX's revival. Technical analyst Mags has started buying FTT, although acknowledging its speculative nature.
💥 Not only FTT may have a second chance. USTC, the stablecoin of Terra, and LUNA, a key component of the Terra ecosystem, may also recover. FTX previously helped boost LUNA's liquidity and the connection between Alameda Research and Terraform Labs could play a crucial role in their revival.