Cryptocurrency Scams: FTT, USTC, and LUNA
đ After a disastrous crash in 2022, cryptocurrency exchange FTX is building a recovery plan that could have a significant impact on the market. The company aims to clear $11 billion in debt, giving hope to both investors and users.
đĄ Experts believe that the FTT token could see a significant price increase following FTXâs revival. Technical analyst Mags has started buying FTT, despite acknowledging its speculative nature.
đ„ Itâs not just FTT that could get a second chance. USTC, Terraâs stablecoin, and LUNA, a key component of the Terra ecosystem, could also recover. FTX previously helped boost LUNAâs liquidity, and the connection between Alameda Research and Terraform Labs could play a key role in their revival.
