{"id":630116,"date":"2025-02-25T10:51:33","date_gmt":"2025-02-25T10:51:33","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=630116"},"modified":"2025-02-25T10:51:33","modified_gmt":"2025-02-25T10:51:33","slug":"ftx-token-price-prediction-ftt-dips-4-after-spike-triggered-by-first-sam-bankman-fried-tweet-in-2-years-while-this-new-ico-offers-free-bitcoin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ftx-token-price-prediction-ftt-dips-4-after-spike-triggered-by-first-sam-bankman-fried-tweet-in-2-years-while-this-new-ico-offers-free-bitcoin","title":{"rendered":"FTX Token Price Prediction: FTT Dips 4% After Spike Triggered By First Sam Bankman-Fried Tweet In 2 Years, While This New ICO Offers Free Bitcoin"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The FTX token price dipped 4% in the last 24 hours to trade at $1.65 as of 02:33 a.m. EST on trading volume that skyrocketed 214% to $96 million.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The drop in the FTT price came after a brief surge on Monday, which was fueled by Sam Bankman-Fried tweeting for the first time in two years.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1) I have a lot of sympathy for gov&rsquo;t employees: I, too, have not checked my email for the past few (hundred) days<\/p>\n<p>And I can confirm that being unemployed is a lot less relaxing than it looks<\/p>\n<p>&mdash; SBF (@SBF_FTX) <a href=\"https:\/\/twitter.com\/SBF_FTX\/status\/1894204086754709951?ref_src=twsrc%5Etfw\">February 25, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">FTT is a token associated with FTX, the now-defunct crypto exchange Bankman-Fried founded.<\/span><\/p>\n<h2>FTX Token Price Bearish Reversal Pattern Signals Further Downside<\/h2>\n<p><span style=\"font-weight: 400\">The <\/span><span style=\"font-weight: 400\">FTT price<\/span><span style=\"font-weight: 400\"> chart <a href=\"https:\/\/www.coingecko.com\/en\/coins\/ftx-token\">presents<\/a> a significant bearish pattern&mdash;the Head and Shoulders formation. This pattern, marked by a left shoulder, head, and right shoulder, is widely recognized as a trend reversal signal, suggesting that the FTX token price could be heading lower after a prior uptrend.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The neckline of the pattern, drawn around the $1.65&ndash;$1.70 zone, has now been tested, and price action is attempting to break below this key support, according to <\/span><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0x7825de5586e4d2fd04459091bbe783fa243e1bf3\"><span style=\"font-weight: 400\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400\"> data.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A confirmed breakdown from this level could lead to increased selling pressure, pushing the price further downward.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The 50-day Simple Moving Average (SMA) at $2.14 is above the 200-day SMA at $2.09, signaling a short-term uptrend that might soon reverse.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, the FTX token rice has fallen below both SMAs, reinforcing bearish sentiment and the possibility of further downside.<\/span><\/p>\n<figure id=\"attachment_630118\" aria-describedby=\"caption-attachment-630118\" style=\"width: 1637px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-630118\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/FTX-Token_2025-02-25_10-33-58.png\" alt=\"FTX Token Price Chart Analysis Source: GeckoTerminal\" width=\"1637\" height=\"666\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/FTX-Token_2025-02-25_10-33-58.png 1637w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/FTX-Token_2025-02-25_10-33-58-300x122.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/FTX-Token_2025-02-25_10-33-58-1024x417.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/FTX-Token_2025-02-25_10-33-58-768x312.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/FTX-Token_2025-02-25_10-33-58-1536x625.png 1536w\" sizes=\"(max-width: 1637px) 100vw, 1637px\"><figcaption id=\"caption-attachment-630118\" class=\"wp-caption-text\">FTT\/USDT Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n<h2>FTT Price Prediction<\/h2>\n<p><span style=\"font-weight: 400\">If FTT decisively breaks below the $1.65 neckline, the measured move from the Head and Shoulders pattern suggests a potential drop towards the $1.20&ndash;$1.30 region, representing a significant decline from current levels.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On the flip side, if the price of the FTX token rebounds from this support zone and reclaims $2.00, a short-term recovery towards $2.50 or higher may be possible.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, the overall trend remains bearish unless FTT invalidates the Head and Shoulders structure by reclaiming higher levels with strong volume.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, investors are piling into a new Bitcoin-themed meme coin called <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/btcbull\" rel=\"nofollow\"><span style=\"font-weight: 400\">BTC Bull Token (BTCBULL)<\/span><\/a><span style=\"font-weight: 400\"> for potential Bitcoin airdrops. 99Bitcoins, a prominent YouTube channel with over 725k subscribers, says BTCBULL could soar 10X after launch.<\/span><\/p>\n<p><iframe title=\"This Brand New Meme Coin Could Make Us Rich As Bitcoin Rises! Huge 10x Potential?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/J89DrxgxC2U?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>BTC Bull Token Presale Closing On $3 Million<\/h2>\n<p><span style=\"font-weight: 400\">In one of the strongest presale showings of the year, new meme coin BTC Bull Token just rocketed past $2.7 million raised in its ongoing token presale.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Investors are piling into BTCBULL with the goal of earning real Bitcoin rewards. The project has promised to airdrop BTC to BTCBULL token holders when the original cryptocurrency reaches certain price milestones.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As Bitcoin marches toward the $1 million target, BTC BULL Token holders will get rewarded along the way. Investors who hold BTCBULL in <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/bestwallet\" rel=\"nofollow\"><span style=\"font-weight: 400\">Best Wallet<\/span><\/a><span style=\"font-weight: 400\"> will receive free BTC airdrops when the Bitcoin price hits $150k and $200k for the first time.<\/span><\/p>\n<p><span style=\"font-weight: 400\">There will also be &rdquo;a huge BTCBULL airdrop&rdquo; for the strongest hodlers when BTC hits $250,000, weighted by &rdquo;Community Sale purchase amount.&rdquo;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128680; $BTCBULL is Live in Upcoming Tokens! &#128680;<a href=\"https:\/\/twitter.com\/BTCBULL_TOKEN?ref_src=twsrc%5Etfw\">@BTCBULL_TOKEN<\/a> is a Bitcoin rewards-based meme token that delivers milestone-based airdrops as Bitcoin hits new price levels.<\/p>\n<p>With built-in incentives for buying, holding, and trading, $BTCBULL gives holders a new way to stack BTC.&hellip; <a href=\"https:\/\/t.co\/BMzBHcLltU\">pic.twitter.com\/BMzBHcLltU<\/a><\/p>\n<p>&mdash; Best Wallet (@BestWalletHQ) <a href=\"https:\/\/twitter.com\/BestWalletHQ\/status\/1888934061848334357?ref_src=twsrc%5Etfw\">February 10, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">In addition to BTC airdrops, the team will also carry out token burns, permanently removing a portion of the total supply. The aim is to follow in Bitcoin&rsquo;s footsteps and increase scarcity and value.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Bitcoin Bull token holders can also earn passively by staking their tokens for a 154% annual percentage yield (APY).<\/span><\/p>\n<p><span style=\"font-weight: 400\">Investors interested in participating in the presale can visit the official BTC Bull Token website to buy BTCBULL for $0.00238 each using BNB, ETH, USDT, or a bank card.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Buy BTCBULL before a price hike in less than 24 hours to secure the best deal.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/btcbull\" rel=\"nofollow\"><span style=\"font-weight: 400\">Check out BTC Bull Token here<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<h3>Related News:<\/h3>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/kanye-west-meme-coin-sparks-rug-pull-fears-meme-index-offers-a-safer-way-to-invest-as-presale-nears-4m\"><span style=\"font-weight: 400\">Kanye West Meme Coin Sparks Rug Pull Fears<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-btc-drops-3-in-latest-crypto-market-correction-as-investors-flock-to-this-ico-offering-free-bitcoin\"><span style=\"font-weight: 400\">BTC Drops 3% As Investors Flock To This ICO Offering Free Bitcoin<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/sonic-price-prediction-s-surges-5-but-traders-buy-this-new-meme-coin-offering-free-bitcoin\"><span style=\"font-weight: 400\">S Surges 5% But Traders Buy This New Meme Coin Offering Free Bitcoin<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">                                        <div class=\"inContentProviderSingle 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href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1907,"featured_media":630124,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-630116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FTX Token Price Dips 4% As This New ICO Offers Free Bitcoin<\/title>\n<meta name=\"description\" content=\"The FTX Token price dipped 4% after a surge triggered by Sam Bankman-Fried\u2019s first tweet in two years, while this new ICO offers free BTC.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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