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The FTX Token price has skyrocketed by 42% in the last 24 hours to trade at $4.26 as of 6:55 a.m. EST.
The FTT Token price jump is likely linked to recent events that saw the former Binance CEO Changpeng Zhao step down in a deal with the Department of Justice. Some analysts on social media said investors were swapping BNB for FTT tokens.
📊 Although many see the #Binance news as the main culprit for one of the biggest retraces of the year, the fact of the matter is that #altcoins had already seeing shrinking market caps. Interestingly, it appears some traders are swapping their $BNB for @FTX_Official's $FTT. 🤔 pic.twitter.com/4eWvWp5kOc
— Santiment (@santimentfeed) November 22, 2023
FTX Token Price Prediction
The 15-minute FTT/USD charts show that the 50-period moving average has exceeded the 200-period moving average to form a golden cross. This indicates buying pressure as the Relative Strength Indicator moves above the midline.
These indicators indicate a bullish short-term on the FTX Token price as bulls dominate the FTT market. The MACD indicator also moves in the green zone, indicating bull dominance on the FTX Token price.
The Bollinger bands are moving at a close distance, showing low volatility levels. These levels are, however, likely to skyrocket in the near future as trading activities rise. As a result of this, FTT’s trading volume jumped by 319% in the last 24 hours.
Meanwhile, as the FTX Token price looks to keep surging, the TG.Casino presale is making waves as sales approach the $3 million mark as more investors clamber aboard.
$2.8 million raised in presale and this train doesn't look like it's stopping until we hit our FINAL goal🚂
LFG players! We march on💪 pic.twitter.com/WVYDRvUQE0
— TG Casino (@TGCasino_) November 21, 2023
FTX Token Price Prediction: Is TG.Casino a Better Option?
Many well-known experts and web3 key opinion leaders (KOLs) have said that TG gambling is the most hopeful project in the crypto gambling craze. With at least one whale who invested in Rollbit shifting funds to TGC, the token’s future price looks poised to explode.
It offers many benefits and uses smart tokenomics, which all add to huge long-term potential. Users can bet without making an account, and no Know Your Customer (KYC) is required, so it’s easy to get started.
It also offers prizes, access to unique games and rooms, 25% cashback on all losses, and a stake APY of 223%.
TGC will burn 40% of its tokens and give 60% to people who stake them in prizes, thus helping to support its price.
Traders can buy TGC for $0.165 right now, but the price is going up in three days. With the presale already half sold out, there’s no time to waste. So, as you watch out for the FTX Token price, take a look at the TGC presale.
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