Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity
![Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity](https://mycryptoaction.com/wp-content/uploads/2024/05/Despite-FTXs-Collapse-FTTs-535M-Market-Cap-Highlights-Crypto-Absurdity-1024x576.jpg)
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 […]
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