Post
Topic
Board Altcoin Discussion
Re: FTX exchange is going to be bankrupted. What happens to FTX Token?
by
Calm N Patience
on 14/11/2022, 07:05:32 UTC
I think the future of this token is already sealed, it's definitely just gonna vanish and gets delisted or maybe it's just gonna become the next luna, after all it's a coin that's backed by the exchanges behind it but when the exchange itself is becoming bankrupt then there's no utility for this coin meaning it's becoming useless coin, it's unlike smart contract coin like eth and even matic, it's just coin that represents the exchange itself basically if the exchange itself is bankrupted surely the coin will.
Totally agreed with you. The only chance for FTT to come back is based on the exchange itself. If someone can take over it then there might be hope, the only hope.