$FTT is going to reopen for trading?
News reports on Twitter said: It may be able to resume its operations soon, and it has almost repaid all its debts.
Will FTT, which has lost its founder, become a decentralized token without a founder like $BTC ? I remember that last year FTX submitted a reorganization 2.0 opportunity, but it seems that the hearing did not pass the 2.0 proposal. I forgot the main reason, and it seems to be related to debt.
Now if FTT submits 2.0, the chance of passing will be greater, and the most direct relationship is FTT.
Now FTT has risen on Binance in 4 hours, and FTT on the daily line is under pressure at the 100-day moving average pressure of $1.8. Is there a chance to play it?
The 4-hour support is at $1.6, and the upper pressure is at $1.8 to $2.0. The selling pressure in this range is relatively large. It is not yet certain what the next progress of FTT will be.
Just treat it as buying a lottery ticket.
