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    FTX Token

    FTT

    Rank #205

    $1.8

    -1.98%
    24H Low$1.76
    $1.9124H High
    24H Volume
    $40.23 M
    All-Time High(ATH)
    $84.18
    All-Time Low(ATL)
    $0.7768
    Market Cap
    $447.25 M
    Fully Diluted Valuation
    $592.01 M
    Market Cap/FDV
    75.55%
    Circulating Supply
    248.47 M FTT
    Total Supply
    328.9 M FTT
    Max Supply
    328.9 M FTT
    Market Sentiment
    Positive
    * Data from 3rd parties

    FTX Token (FTT) Price Trends

    Time period
    Change amount
    % Change
    1H
    $-0.01000
    -0.55%
    24H
    $-0.04000
    -1.98%
    7D
    $+0.3400
    +23.38%
    30D
    $+0.1800
    +10.87%
    1Y
    $+0.5800
    +47.94%

    Investors

    Binance Labs

    Binance Labs

    Sequoia Capital

    Sequoia Capital

    Coinbase Ventures

    Coinbase Ventures

    Pantera Capital

    Pantera Capital

    HashKey Capital

    HashKey Capital

    Multicoin Capital

    Multicoin Capital

    Paradigm

    Paradigm

    Circle

    Circle

    Live FTX Token (FTT) Price Update

    FTX Token price today is $1.8 with a 24-hour trading volume of $40.23 M, and as such FTX Token has a market cap of $447.25 M, giving it a market dominance of 0.022%. The FTX Token price moved -1.98% in the last 24 hours.

    FTX Token reached its highest price on 2021-09-09 when it was trading at its all-time high of $84.18, while its lowest price was recorded on 2023-06-10 when it was trading at its all-time low of $0.7768. The current lowest price since the last cycle high was $0.7768, and the highest price since the last cycle low was $84.18. The social sentiment of FTX Token is currently Positive.

    The current circulating supply of FTX Token is $248.47 M FTT. In terms of market cap, FTX Token is currently ranked 205.

    About FTX Token (FTT)

    As the only token of FTX, FTT will be used to support the whole ecosystem of FTX. We have carefully designed the incentive mechanism, strengthened market promotion, formed a network effect, increased the market demand for FTT, and reduced its circulation and supply. The application scenarios of FTT include: 1) platform token destruction / profit sharing: before the total destruction of platform token FTT is reduced to half of the initial issuance, one third of all handling charges generated on the FTX platform will be used to buy back and destroy FTT. Some transaction rebates on FTX OTC will also be used to repurchase and destroy FTT. 2) Margin Mortgage: users can use FTT as contract position margin, which is also conducive to improving the utilization rate of FTT and market demand. 3) Transaction fee discount: after FTT reaches a certain position, the holder will enjoy the discount of contract transaction fee. 4) OTC transaction rebate: holders of a certain number of FTTS can receive OTC transaction rebate. (there is no handling charge for OTC transactions of FTX.) 5) OTC transaction repo: FTX will conduct a certain degree of FTT repo and destruction according to OTC transaction volume and revenue. 6) Share of cash users: our background test and online simulation environment show that during the period of large market, our risk margin shows a net increase, and there is no allocation; Part of the net income from the risk reserve will be distributed to FTT holders as a share. 7) Future outlook: FTT is the only circulation pass in FTX ecosystem and the backbone support of FTX ecological layout; In the future, the use scenarios of FTT will be more diverse, and we will add more other digital currency derivatives tools to the platform. FTT pledge FTT will enjoy the following rights and interests: increase the invited rebate ratio: by pledging FTT, the invitee will receive a higher rebate ratio, and the handling fee reward for listing: FTT pledgers will receive the handli

    FAQs

    1. What determines the price movement of FTX Token?

    There are two schools of thought in determining the price of FTX Token.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of FTX Token, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of FTX Token from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of FTX Token on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for FTX Token as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for FTX Token and the cryptocurrency market as a whole.

    FTX Token Tokenomics

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    FTX Token Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-05-10
    $591.34 M
    25.27 M FTT
    $1.8
    N/A
    2024-05-09
    $606.79 M
    94.17 M FTT
    $1.84
    $1.8
    2024-05-08
    $420.17 M
    98187.02 FTT
    $1.69
    $1.84
    2024-05-07
    $401.28 M
    110724.56 FTT
    $1.61
    $1.69
    2024-05-06
    $377.18 M
    28634.87 FTT
    $1.52
    $1.61
    2024-05-05
    $369.97 M
    48603.75 FTT
    $1.49
    $1.52
    2024-05-04
    $377.43 M
    10552.8 FTT
    $1.52
    $1.49
    2024-05-03
    $369.48 M
    31073.77 FTT
    $1.49
    $1.52