{"id":610970,"date":"2024-12-17T14:44:25","date_gmt":"2024-12-17T14:44:25","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=610970"},"modified":"2024-12-17T14:44:25","modified_gmt":"2024-12-17T14:44:25","slug":"next-cryptocurrency-to-explode-17-december-ftx-token-reserve-rights-unus-sed-leo-mantle","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-17-december-ftx-token-reserve-rights-unus-sed-leo-mantle","title":{"rendered":"Next Cryptocurrency to Explode, 17 December \u2014 FTX Token, Reserve Rights, UNUS SED LEO, Mantle"},"content":{"rendered":"

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets.<\/span><\/p>\n

Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the<\/span> next cryptocurrencies to explode<\/span><\/a> and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future.<\/span><\/p>\n

Next Cryptocurrency To Explode <\/b><\/h2>\n

Experts suggest investors are more likely to discover the next booming crypto among upcoming projects. With this in mind, they should consider the potential of the new presale coin, Flockerz (FLOCK). FLOCK is a new meme coin that offers a unique vote-to-earn reward system, fosters strong community connections, and provides attractive staking benefits. The Flockerz team has already raised $700,000. Further details about the project and its future outlook are shared below.<\/span><\/p>\n

1. FTX Token (FTT)<\/b><\/h3>\n

FTX Token (FTT) has been on an impressive upward trend over the past month, driven by growing optimism about the reimbursement plan for clients and creditors. The rally comes as FTX Trading Ltd and its related debtors move closer to implementing their Chapter 11 Plan of Reorganization, officially confirmed by the U.S. Bankruptcy Court on October 1, 2023.<\/span><\/p>\n

Following the collapse of the FTX exchange, the FTT token faced a severe price drop. However, it has now shown signs of recovery, with the price rising 9.05% in the last 24 hours and an impressive 48.05% increase over the past month.<\/span><\/p>\n

\"FTT<\/p>\n

Additionally, FTX has announced that preparations for the reimbursement process are in their final stages. According to the latest update, the process will begin in January 2025. FTX finalized specialized distribution agents to handle global payouts to eligible customers and creditors in early December. Customers must sign up through the FTX portal, complete identity verification, and submit tax forms to participate.<\/span><\/p>\n

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The FTX Debtors today announced that the effective date for its Plan of Reorganization has been set for January 3, 2025, which is also the initial distribution record date for holders of allowed claims in the Plan’s Convenience Classes. Read more here: https:\/\/t.co\/7Hggm5cTlS<\/a><\/p>\n

— FTX (@FTX_Official) December 16, 2024<\/a><\/p><\/blockquote>\n