FTX Token (FTT) Hits Market Capitalization of $334.23 Million

FTX Token (FTT) traded 0.3% lower against the U.S. dollar during the one day period ending at 18:00 PM Eastern on May 26th. One FTX Token token can now be bought for $1.02 or 0.00003801 BTC on popular cryptocurrency exchanges. During the last week, FTX Token has traded down 5.3% against the U.S. dollar. FTX Token has a total market capitalization of $334.23 million and $6.34 million worth of FTX Token was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 0.2% lower against the dollar and now trades at $0.33 or 0.00001249 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded down 2.1% against the dollar and now trades at $0.0017 or 0.00000007 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.3% higher against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded up 25.2% against the dollar and now trades at $0.0198 or 0.00000074 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.4% against the dollar and now trades at $0.0089 or 0.00000033 BTC.

About FTX Token

FTX Token was first traded on July 29th, 2019. FTX Token’s total supply is 328,895,104 tokens. FTX Token’s official Twitter account is @ftx_official and its Facebook page is accessible here. FTX Token’s official website is ftx.com. FTX Token’s official message board is medium.com/@ftx.

According to CryptoCompare, “FTX Token (FTT) is a cryptocurrency token created by the FTX derivatives exchange. Used to pay transaction fees, as collateral for margin trading, and to purchase products and services, it also provides holders with a share of the exchange’s revenue and incentivizes its liquidity. FTX is a crypto derivatives exchange offering futures, options, and leveraged tokens for trading. In Nov. 2022, CoinDesk reported on Alameda Research’s undisclosed leverage and solvency, triggering the collapse of FTX.”

FTX Token Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as FTX Token directly using U.S. dollars. Investors seeking to trade FTX Token should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy FTX Token using one of the exchanges listed above.

FTT/USD price chart by TradingView