FTX may be back in action soon!
Recently, there is news that FTX has basically repaid all its debts.
➫ FTX says it can pay off $11 billion in debt, asset sales could reach $16.3 billion
Almost all customers have now recovered their losses from the FTX crash
So how will it affect the market?
➫ FTX was one of the largest cryptocurrency platforms in the world before it collapsed
Therefore, many people may return to the platform after paying off their debt and starting a job.
This means that the price of FTX-related tokens that crashed after 2022 may rebound in the bull market in 24-25 years.
Here are 6 FTX-related tokens that could rise 10x to 100x in the future:
1/ ➫ earth_money - $LUNA
❍ LUNA is Terra’s native cryptocurrency, used to pay transaction fees, earn rewards, purchase digital art, and vote on governance proposals in a borderless, permissionless ecosystem
Market capitalization: $335 million
❍Price: $0.43
2/➫ eulerfinance - $EUL
❍Euler created an ERC-4626 credit vault for passive lending. Borrowers use collateral from other vaults, and EVC manages collateral, identity verification, and efficient loan interactions
❍Market capitalization: $76.03 million
Price: $4.06
3/ ➫ FTX_Official - $FTT
❍ FTX is a major digital currency exchange for buying and selling cryptocurrencies, providing users with digital wallets to store assets in personal accounts
Market capitalization: $492 million
❍ Price: $1.46
4/➫ bonfida - $FIDA
❍ Bonfida’s Solana Name Service (SNS) provides decentralized, affordable .sol domains for on-chain data, human-readable names for SOL addresses to simplify crypto payments, and more
❍Market capitalization: $42.05 million
❍ Price: $0.32
5/ ➫ aleph_im - $ALEPH
❍ Aleph is an open source P2P network that provides decentralized key-value storage, file storage, function execution, and VM provisioning. It interacts with blockchains such as Ethereum, Tezos, and Solana
❍Market capitalization: $60.4 million
❍Price: $0.24
6/ ➫ terra_money - $USTC
❍ TerraUSD (USTC) is a decentralized algorithmic stablecoin on the Terra blockchain, pegged to the US dollar. It offers scalability, accurate interest rates, and cross-chain usage, making it ideal for DeFi and DApps
❍Market cap: $114 million
❍Price: $0.18
