How the hell FTX token (FTT) pumped 274% since the start of the year? Why did it pump more than 50% today?
FTX filed for bancruptcy on eleventh November 2022, so logically its token should go down with it, innit? Well... it did, but then it started pumping again. Even though FTX doesn't work anymore and so FTT has no use case.
FTX Token pumped 274% since the start of the year, and it pumped over 50% today because there are rumors about FTX Exchange being revived (i don't know why is anyone hyped for it, there are a lot of other exchanges serving the same purpose).
FTT is a scam token right now, similarly to LUNA Classic. But mayor exchanges still allow random folks to invest their hard earned money into it. I understand why decentralized ones allow the trades (they are decentralized and should never censor any trade) but why are big ones doing it too?
Shame on you Binance and KuCoin!
