What are the issuance price and issuance volume of FTT coins? What is the latest price of FTT coin?
- PHPzOriginal
- 2024-08-06 16:19:011016browse
FTT tokens were issued in July 2019 with an issue price of US$1 and an initial issuance of 350,000,000 coins. As of March 8, 2023, its latest price was $1.68. FTT is the native token of the FTX exchange and provides utility and rewards in the ecosystem, including transaction fee discounts, increased margin pledge rates, participation in projects, and voting rights. The circulating supply is approximately 83,700,000 pieces.
FTX Token (FTT)
Issue Price
FTT was issued in July 2019 with an issue price of $1.
Issuance
FTT’s initial issuance is 350,000,000 pieces.
Latest Price
As of the time of writing (March 8, 2023), the latest price of FTT is $1.68.
Issue Details
FTT is a native token issued by the cryptocurrency exchange FTX. It is designed to provide utility and rewards to the FTX ecosystem, as well as discounts on transactions and services on the platform.
Utility
FTT tokens have the following utility in the FTX ecosystem:
- Transaction fee discounts
- Margin pledge rate increase
- Participation in FTX projects and airdrops
- Voting rights and governance participation
Circulation The circulating supply of
FTT is ≈ 83,700,000 pieces.
FTT Price Analysis
As of 12:00 on August 5, 2024, the price of FTX Token (FTT) is $1.22, and the 24-hour trading volume is $20.33 million. FTT is down 5.97% in the past 24 hours.
Price Movement Factors
FTT price decline may be due to:
- Overall decline in the cryptocurrency market
- Regulatory concerns about FTX exchange
Future Price Trend Analysis
FTT’s short-term price trend There is uncertainty. Due to market volatility, prices may continue to fluctuate. If the cryptocurrency market recovers, FTT prices may recover as well. Conversely, if regulatory concerns intensify, prices could fall further.
It is recommended
to invest in FTT with caution and only invest money that you are willing to lose. Keep an eye on market news and any updates from FTX. Please do your own research before making any investment decision.
Short-Term Trend Forecast
FTT price may be volatile in the short term, but may consolidate between $1.10 and $1.35.
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