FTX Token plunged by over 70% in today’s session, as sentiment surrounding Binance’s potential buyout of FTX continued to raise market eyebrows. Following speculation that FTX could be insolvent, Binance’s Changpeng “CZ” Zhao moved to acquire the firm, pending due diligence. Solana is also significantly lower, due to FTX’s sister company Alameda currently holding large amounts of SOL. FTX Token (FTT) FTX Token (FTT) continued to sink on Wednesday, as the token lost over 70% of its value in today’s session. Following yesterday’s high of $19.51, FTT/USD plunged to an int ...
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