In less than 24 hours today FTT token has pump at about %51 from $1.22 to about $1.80 so I said let me bring this information to the forum if there is any possibility that this token Can still recover to it's all time high again. Because sometimes one can use such opportunity to achieve something.
Although we talk about bitcoin investment always but just decided to share with us
You can share your thoughts on this.
The increase at that time was closely related to news about the possibility that the FTX exchange would be restored or would operate again. But information about it is still limited and there is no certainty. so everything is just based on speculative. so it's still very risky. But if we are ready to take the risk then of course buying now could be an option. Because if FTX is really launched again, FTT will probably experience another high increase.
Anyone interested in that coin needs to tread carefully, the collapse that coin suffered was a big event that shook the market and it affected it for quite some time, and while some may think that the come back of such exchange will be good news, I do not think this is the case, as this will mean that a coin that by right should have disappeared long time ago will keep its place on the market long enough to lure more people to invest in it, and most likely those people will suffer huge losses once the exchange failed as no one will be interested in using it out of fear of another collapse.