Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity
Submitted by Anonymous (not verified) on Sun, 05/19/2024 - 16:20
Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment. Following this announcement, the exchange token FTT from the defunct trading platform rose above $2 per unit. Astonishingly, despite being tied to a failed crypto exchange, this token still holds a market valuation of $535 […]