Token Rises Amid

FTX Turmoil November 11, 2022

Crypto exchange FTX’s token FTT price rose

above 40%


This came after FTX announcement to allow holders of

TRX, BTT, JST, SUN, and HT to withdraw assets

from FTX 1:1 to external wallets.

FTX price today is


with a 24-hour trading volume of $1,320,448,241.


Wednesday plunge,

spurred by the ongoing FTX unraveling, had sent its price to two-year lows.

Earlier on

November 8,

the FTX's native token $FTT fell 30% in 3 hours.

FTX is in talks with

rival exchange

Binance over a potential acquisition that now appears to have been scrapped.

In an incredible series of developments around FTX this week,

Binance first

expressed its intention to purchase the rival company but ditched the deal on Wednesday.