Biggest Movers: FTT Fire Sale Sends Token Over 70% Lower, SOL Also Falls Significantly

[Google News Bot]

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 ...

Continue reading the above news article, by clicking here.

Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.

Please be sensible and follow our terms of service and rules, when replying and debating the news article.