FTX Collapsed - Will FTT Rise Again?

[Adam Gil]

The price of FTT dragged drastically after the Binance and FTT dispute which lead to FTT fall and CEO Sam Bankman-Fried declared bankrupt. This all started when Binance declared to liquidate all its FTT holdings.

As per trading view site we can see small trading happening but these can be  “hacking attempts”. That's the reason Bahamas Security Commission has seized the control of the excahnge assets on November 12.

If we talk about 2023, this year will remain challenging as bearish clouds is effecting crypto market.

Coinpedia crypto experts commented on FTX price prediction would hit a maximum price of $3.17 with a variation of 15% keeping the terror of inflation into consideration.

What are your analysis on FTX price for 2023? Has FTT Collapsed completely Or Will It Rise Again?

[TomPluz]

FTT can rise again if it can be able to rehabilitate itself into the future and can regain back the trust and backing of the people and investors - again! And with a strongly tarnished image...that can be a BIG impossible mission! Personally, I will never get near with anything that Sam Bankman-Fried touched. For me, supporting any platform that became part and parcel of the FTX collapse can be a big insult to the whole crypto industry. We should go on and leave FTT behind in the thrash can. Now, lest we forget, it was Coindesk that actually started the avalanche of events leading to the downfall of FTX...CZ just reacted to it and CZ was proven right as cancer has become endemic in FTX.

[elbans89]

it's difficult to say,  crypto market is always depending on demand and supply.
If there are several big Investors that make this coin rise.
I think It will be.

[Bliznec]

FTX won't rise, nor will Lunc. These are two big mistakes and I'm afraid to guess what will happen next. No one could have guessed that FTX would sink to the bottom. To all this, these are the tricks of a hacker who stole the funds. A very big mistake, nothing more.

[naitik01]

FTX has declared itself bankrupt, now it is very difficult to rise again. So far it has been seen that whatever exchange has collapsed, it has not been able to rise again.

[therozaq]

FTX has declared itself bankrupt, now it is very difficult to rise again. So far it has been seen that whatever exchange has collapsed, it has not been able to rise again.

Yep, I don't believe FTT will rise again.
But anything can happen at crypto currency.
If the investors believe in their project, I think it will be.
But better to invest in reputable and potential project than FTX.

[dekafee79]

The price of FTT dragged drastically after the Binance and FTT dispute which lead to FTT fall and CEO Sam Bankman-Fried declared bankrupt. This all started when Binance declared to liquidate all its FTT holdings.

As per trading view site we can see small trading happening but these can be  “hacking attempts”. That's the reason Bahamas Security Commission has seized the control of the excahnge assets on November 12.

If we talk about 2023, this year will remain challenging as bearish clouds is effecting crypto market.

Coinpedia crypto experts commented on FTX price prediction would hit a maximum price of $3.17 with a variation of 15% keeping the terror of inflation into consideration.

What are your analysis on FTX price for 2023? Has FTT Collapsed completely Or Will It Rise Again?

I think there is no immorality in crypto currency.
We will see the coin go up and sometimes we will see the projects will fail.FTX is one of them

So, better don't hold FTT

[Jaephoenix]

Something tells me that FTX would rise again but in a different garb and headed by a different owner and CEO as Sam Bankman-Fried has already been hooked by the Bahamian authorities about his shady dealings

[Astra]

Something tells me that FTX would rise again but in a different garb and headed by a different owner and CEO as Sam Bankman-Fried has already been hooked by the Bahamian authorities about his shady dealings

FTX has clearly come to an end. Sam Bankman-Fried is arrested in the Bahamas and denied bail. He is awaiting deportation to the United States, where he has already been charged under several articles. He is accused of using more than $10 billion of depositors' money for personal gain. Sam Bankman-Freed has been lying to everyone for a long time, but now the evidence of his guilt is clear. Therefore, no one will revive FTX. Too much money needs to be invested in this coin for it to come to life.

[satpol_PP]

Something tells me that FTX would rise again but in a different garb and headed by a different owner and CEO as Sam Bankman-Fried has already been hooked by the Bahamian authorities about his shady dealings

Hopefully it will be.
But I don't believe it will happen.
FTX is failed project, we shouldn't hold their coin
Better to hold other coins.

[Speaker]

FTX is a well-traveled story and I hope it has become a lesson to us that we do not need to blindly believe and think that something large and reliable at first glance will not turn into dust today or tomorrow.