The trading volume of FTT tokens may increase due to the impact of the FTX compensation plan
The trading volume of FTX's expired token FTT surged after positive news from creditors. Last week, FTX released a compensation plan in which 98% of the creditors will receive 118% of their allowed claims.
On May 8th, the day the plan was announced, the spot trading volume of FTT reached $139 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DeFi structured position tool Asgard completes $2.2 million seed round led by Robot Ventures
Data: Oppenheimer predicts S&P 500 index will rise 18% to 8,100 points by 2026
BNY Mellon: The Fed Will Deliver a Hawkish Rate Cut This Week, Dot Plot Reveals Policy Divergence
Trending news
MoreCrypto prices
More
