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.
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As at the time I created this thread, I was thinking maybe the move it made would make it grow just as other altcoins like SOL and ORDI was growing, but to my greatest suprise I see that it didn't grow as expected. Though I can't predict it's future but I don't really think if this coin can recover anytime soon or even if it can.