There are currently nearly 10,000 cryptocurrencies. Since the very first Bitcoin was released, digital currencies have continued to grow and revolutionize the global financial system. Among the latest additions, you have the FTX Token crypto whose token is known by the acronym FTT.
What is FTX Token (FTT)?
The FTX crypto platform came into being in April 2019. The team in charge of this exchange is the team from Alameda Research, one of the companies that earn the most money on their platform. FTX Token or FTT was born out of an ambition to facilitate the acquisition of crypto asset futures and derivatives. Since its inception, FTT has continued to grow and positively surprise all its investors.
FTX is primarily a crypto-exchange. It is specialized in derivatives.
The FTT is the FTX token or FTX Token. It is the main currency used within the FTX exchange to make the various transactions within it.
FTX Token is currently one of the most popular cryptocurrencies of the moment.
Experts agree that the Hong Kong-based exchange platform is still in the early stages of its acquisition plans. The company is gradually conquering all continents, which could positively impact the value of the FTT token in the future.
FTX Token (FTT) 2022 and 2023 prediction
Even though the cryptocurrency market is known for its volatility, the year 2022 still heralds a rise in value for the FTX Token. Indeed, according to the prediction of some specialists, the cryptocurrency would continue its rise next year.
Thus, according to investirmag.fr, the FTT token would end the year at $604.64. From priceprediction.net, the FTT token would range from $82.02 to $98.79, with an average price of $84.41.
For 2023, investirmag.co.uk forecasts a price range of $646.64 to $729.29 for FTT. This price increase is also shared by other experts, such as those at priceprediction.net who expect a price ranging between $118.43 and $143.19.
Disclaimer : This analysis and prediction are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency. Readers should do their research before investing funds.