{"id":426357,"date":"2023-08-03T14:07:18","date_gmt":"2023-08-03T14:07:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=426357"},"modified":"2023-11-14T06:51:35","modified_gmt":"2023-11-14T06:51:35","slug":"ftt-price-prediction-if-ftx-exchange-restarts-in-august-can-its-native-token-recover","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ftt-price-prediction-if-ftx-exchange-restarts-in-august-can-its-native-token-recover","title":{"rendered":"FTT Price Prediction – If FTX Exchange Restarts in August, Can Its Native Token Recover"},"content":{"rendered":"

A crypto trader on the Cryptonews YouTube channel forecasted a potential FTX token (FTT) price prediction, if the bankrupt exchange is set to relaunch their platform. Has $FTT bottomed?<\/p>\n

In the aftermath of the FTX exchange’s insolvency in November 2022, the crypto market experienced a wave of uncertainty. Sam Bankman-Fried – also known as SBF – facing a series of charges cast doubt on the future of both FTX and its native FTT token. However, hope flickered back when plans to reinvigorate the struggling exchange surfaced, leading to a surge in interest in the FTX token.<\/p>\n

John J Ray III, taking the helm as CEO, promptly initiated a bidding process to rejuvenate the exchange and actively sought letters of intent from interested stakeholders. This unforeseen development has sparked anticipation within the crypto community, pondering whether FTX will emerge stronger under the guidance of its new leadership.<\/p>\n