đ FTX Token (FTT) is on a wild ride! The native token of the bankrupt FTX exchange skyrocketed over 70% on Sept. 29, hitting $2.70 for the first time since March 2024. But hold onto your hats, it settled back to around $2.10 by Sept. 30.
đ What's fueling this rollercoaster? Rumors are swirling that bankruptcy distributions might be on the horizon, sparking investor excitement. However, the official Chapter 11 plan still needs court approval, with a hearing set for Oct. 7.
Stay tuned, crypto enthusiastsâthis saga is far from over!
