FTT is the native token once used by the FTX exchange for fee discounts and rewards, but its original utility has vanished after FTX’s 2022 bankruptcy.
Today FTT trades around about $0.30–$0.40, a tiny fraction of its all‑time high over $85 in 2021, reflecting nearly complete loss of market confidence.
The token no longer serves a practical use and may be liquidated to help pay FTX creditors, making price action driven mainly by speculation and legal developments.
Recent swings have been volatile due to low liquidity and thin order books, where small trades can trigger big percentage moves.
Price now reacts more to legal news and bankruptcy milestones — such as creditor payout dates — rather than market fundamentals or platform growth.
Analysts warn FTT remains a high‑risk, sentiment‑driven asset, with upside tied to speculative trading and downside reflecting lack of intrinsic value.
$FTT #FTTToken #ftt