Did you know the real circulating supply of $FTT isn't 328,895,103 tokens as many assume?It’s actually only 71 million tokens! 🤯
Here’s why:
Most of the $FTT tokens are forever locked under the FTX estate due to the bankruptcy proceedings. This drastically reduces the circulating supply, which is what truly matters for market valuation.
Now, here’s where it gets interesting:
- If $FTT were to hit $22, its real market cap would be calculated as:
71M (circulating supply) x $22 = $1.5 billion❗💰
This makes such a scenario much more realistic than most people think.
A reduced circulating supply creates scarcity, potentially boosting value when demand rises. 📈
Could $FTT stage a major comeback? What do you think? Let’s discuss below! ⬇️
