$FTT Today, the sentiment around the FTT token is mixed, leaning slightly bearish. The token is trading near $2.0092, showing limited upside in the short term but maintaining potential for long-term recovery. Analysts highlight the impact of FTX’s efforts to rebuild credibility and utility for the token, with features like its buy-and-burn mechanism and staking benefits increasing its deflationary nature and utility in trading fee discounts.
**Key Points:**
- **Current Price:** $2.0092
- **Buy Zone:** Below $2.00, if the project fundamentals align with your portfolio.
- **Target Price:** $2.20–$2.50 by early 2025, assuming market stabilization.
- **Risks:** Regulatory uncertainty and potential sell pressure from previous holders.
**Recommendation:** Consider buying near $2.00 if you’re bullish on FTX’s comeback, but remain cautious due to ongoing market volatility and legal challenges.