FTT

Despite finding support near $1.25, the FTX Token price prediction remains pessimistic. The majority of the FTT selling tendency has been precipitated by FTX’s insolvency. The cryptocurrency exchange FTX has filed for bankruptcy in the United States and claims to owe roughly $3.1 billion to its 50 largest creditors.

On Saturday, the exchange disclosed in court documents that it owed its top 10 debtors a total of almost $1.45 billion.

On November 11, in one of the most publicized crypto blowups, FTX and its affiliates filed for bankruptcy in Delaware, leaving behind an estimated one million clients and other investors with total losses in the billions of dollars. On Saturday, the cryptocurrency trading platform announced that it had begun a global strategic assessment in anticipation of the sale or reorganization of certain operations.

Together with its affiliates, FTX went to court to secure the right to implement a new global cash management system and pay its essential suppliers. According to a statement released by the company’s new CEO, John Ray, FTX would investigate sales, recapitalizations, and other strategic transactions for some of its units.

FTX filed a motion with the court on Saturday, requesting approval to pay prepetition claims to its key vendors in the amount of up to $9.3 million following the entry of an interim order, and up to $17.5 million following the entry of a final order. If the exchange doesn’t get the court relief it’s asking for, it will cause “immediate and irreparable harm” to its operations, it said.

Forbes assessed Bankman-Fried, a 30-year-old crypto professional, to be worth roughly $17 billion just two months ago, thus his current situation is a dramatic downturn.

FTX Token Price Prediction Turns Bearish as Exchanges Delist FTX Token

As the FTX crisis continues to wreak havoc on the cryptocurrency market, multiple crypto exchanges have delisted the FTX Token (FTT). Three cryptocurrency exchanges, Binance, BitMEX, and KuCoin, have delisted FTX Token pairings.

Binance, a cryptocurrency exchange, reported in a tweet on November 14 that the FTT/BTC, FTT/BNB, FTT/ETH, and FTT/USDT trading pairs had been withdrawn from its site because they had not passed recent assessments. The FTT/BUSD pair, on the other hand, remains on the market.

FTX Token Price Prediction & Tokenomics

The current FTX Token price is $1.28, and the 24-hour trading volume is $32 million. FTX Token has increased by 0.26% in the last 24 hours. CoinMarketCap currently ranks #209, with a live market cap of $467 million. It has 328,895,112 FTT coins in circulation and a maximum supply of 352,170,015 FTT coins.

FTT

FTT is currently trading at $28, with immediate support coming in at approximately $1.25. In contrast, resistance remains at $2.20 or $4. Chances of a downtrend remain strong, and a violation of the $1.25 level can expose FTT price toward $1 or even lower to $0.85.

The overall cryptocurrency market is down due to the FTT collapse, but D2T coin has a nice upside potential.

Dash 2 Trade (D2T)

Dash 2 Trade is a crypto signals platform developed by the Learn 2 Trade team. The platform provides the best insights, trading signals, and tools to help investors make profitable trades.

This Ethereum-based trading platform is powered by the D2T coin. This token’s presale raised more than $6.6 million.

After the presale, the project verified that it would be listed on LBank and BitMart exchanges. 1 D2T is now priced at $0.0513, with the price rising in stages to $0.0662 in the ninth and final steps.

Related news:

Dash 2 Trade - New Gate.io Listing

Our Rating

Dash 2 Trade
  • Also Listed on Bitmart, Changelly, LBank, Uniswap
  • Collaborative Trading Platform Token
  • Featured in Bitcoinist, Cointelegraph
  • Solid Proof Audited, CoinSniper KYC Verified
  • Trading Community of 70,000+ Members
Dash 2 Trade