Meanwhile, the FTX token ($FTT ) has surged 60% in the last 24 hours, with its trading volume increasing by 3734%. As a result, FTT has emerged as a clear winner in the market.

This sudden surge is unusual considering that the token has lost over 90% of its value since FTX’s fraudulent activities were revealed in 2022, leading to its bankruptcy. FTT is currently trading at $2.18, although the token has no intrinsic value.