FTX Token Achieves Market Capitalization of $413.97 Million (FTT)

FTX Token (FTT) traded 1.4% higher against the US dollar during the 24-hour period ending at 21:00 PM E.T. on April 19th. FTX Token has a market capitalization of $413.97 million and approximately $13.61 million worth of FTX Token was traded on exchanges in the last day. During the last week, FTX Token has traded down 10.7% against the US dollar. One FTX Token token can currently be bought for about $1.26 or 0.00001978 BTC on exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 1.6% higher against the dollar and now trades at $0.33 or 0.00000524 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.6% against the dollar and now trades at $0.0087 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About FTX Token

FTX Token was first traded on July 29th, 2019. FTX Token’s total supply is 328,895,104 tokens. The official message board for FTX Token is medium.com/@ftx. FTX Token’s official Twitter account is @ftx_official and its Facebook page is accessible here. The official website for FTX Token is ftx.com.

According to CryptoCompare, “FTX Token (FTT) was developed by the FTX derivatives exchange as a cryptocurrency token for various purposes within its ecosystem, including paying transaction fees, acting as collateral, and purchasing services. FTX, founded by Sam Bankman-Fried and Gary Wang, emerged as a prominent cryptocurrency derivatives exchange, offering an array of financial products such as futures, options, and leveraged tokens. However, the platform experienced a swift collapse in November 2022 following concerns over its financial stability and management practices, particularly regarding its heavy reliance on FTT and the solvency of its associated entity, Alameda Research. The unfolding of events, including a failed acquisition by Binance and subsequent bankruptcy filings, underscored the inherent risks and volatility within the cryptocurrency market.”

FTX Token Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as FTX Token directly using U.S. dollars. Investors seeking to acquire FTX Token should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase FTX Token using one of the exchanges listed above.

FTT/USD price chart by TradingView