FTX Token Surges 113% – What Triggered the Rise

The price of FTX Token (FTT) surged dramatically, registering a 113% rise during an intra-day high on Sunday. This sudden spike followed false rumors regarding a potential $16 billion repayment.  The market excitement prompted FTT holders to shift their focus, with many preparing to sell off their assets. FTT’s price, however, corrected by the end of the day, closing 57% above the... source: https://beincrypto.com/ftx-token-surges-due-to-rumor/