The year 2021 was the wealthiest season for altcoins as top tokens successfully outperformed the most dominant asset Bitcoin. One such asset that amazed the crypto space with massive price spikes was the FTX token. However, the year 2022 turned out to be disastrous for the FTX token as it recorded an exchange collapse during November.
The exchange lost Billions in value within days, resulting in the market experiencing massive volatility. It took the FTT price over a year to stabilize its price and regain investor’s trust in it. Moreover, Genseler’s statement acted as a catalyst and pushed the FTT’s price by over 65%. This further created hopes in the market for the revival of this collapsed token.
Are you one of the many crypto market investors, who have been trying to analyze the situation and understand the future of this crypto and FTX price prediction? Buckle up your belts, as this write-up covers the possible future of the company and coin in the market for 2024 and the years to come.
| Cryptocurrency | FTX Token |
| Token | FTT |
| Price | $ 1.69485793 |
| Market cap | $ 557,430,475.5146 |
| Circulating Supply | 328,895,103.8132 |
| Trading Volume | $ 15,128,158.7460 |
| All-time High | $89.02 on 09th September 2021 |
| All-time Low | $0.7763 on 10th June 2023 |
| 24 High | $ 1.9300 |
| 24 Low | $ 1.7402 |
The FTT price has displayed a bullish jump of approximately 6% after trading under a bearish influence for a brief period. The FTX token has constantly failed to regain momentum, resulting in the altcoin recording a YTD of -56.11% in valuation.
Furthermore, the Simple Moving Average (SMA) displays a bearish convergence in the chart, suggesting the price will continue losing value in the coming time.
The technical indicator, MACD, displays a constant flatline in the chart, indicating weak buying and selling pressure in the crypto industry. Furthermore, the averages show a high possibility of a bearish convergence, highlighting a negative price action for the altcoin in the coming time.
If the market pushes the price above the resistance level of $1.5450, the bulls will regain momentum and will prepare to test its upper resistance level of $2.3250 in the coming time. On the contrary, if the market experiences another trend reversal, the FTT price will plunge and prepare to test its lower support level of $1.120.
If the crew behind the FTX token employs developmental and community-building initiatives. The altcoin can claim higher peaks after Bitcoin’s halving event, which is also will happen in 2024. In such a case, the FTT price forecast could propel to its potential high of $3.98.
On the downside, ebbing prominence and stiffer competition could clutch the price to $1.14. With this, the FTT coin could settle with an average price of $2.36.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | 1.14 | 2.36 | 3.98 |
| 2025 | 2.46 | 5.30 | 7.16 |
| 2026 | 4.08 | 8.17 | 11.26 |
| 2027 | 7.74 | 12.34 | 16.94 |
| 2028 | 10.92 | 16.64 | 21.36 |
| 2029 | 15.46 | 20.19 | 26.92 |
| 2030 | 17.18 | 23.17 | 30.16 |
while predicting the price for the long term, it is implicit in analyzing its historical footprints. And how it behaves when bears take control of the market. FTX Token has responded well enough to market fluctuations in the past. Collectively, this secure and fast network has the potential to reach the maximum value of $7.16 by the end of 2025.
If the coin fails to introduce new upgrades and regulatory constraints across different territories. This may result in a pullback of the minimum value to $2.46. Considering all aspects, the altcoin could trade at an average price of $5.30.
According to forecast prices and technical analysis, FTX’s price could reach a minimum of $4.08 in 2026. The maximum price could hit $11.26, with an average trading price around $8.17.
Looking forward to 2027, FTT’s price could reach a low of $7.74, with a high of $16.94 and an average forecast price of $12.34.
In 2028, the price of a single FTX token could reach a minimum of $10.92, with a maximum of $21.36 and an average price of $16.64.
By 2029, FTT’s price could reach a minimum of $15.46, with the potential to hit a maximum of $26.92 and an average of $20.19.
In 2030, FTX price could touch its lowest price at $17.18, hitting a high of $30.16 and an average price of $23.17.
| Firm Name | 2024 | 2025 | 2030 |
| Wallet Investor | $0.289 | $0.260 | – |
| priceprediction.net | $5.59 | $8.04 | $49.61 |
| DigitalCoinPrice | $9.01 | $11.34 | $37.38 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
FTT price with certain variations might escalate higher if the community enters into strategic partnerships with certain projects.
As per CoinPedia’s formulated FTX price prediction, the token may surge to a maximum of $3.98, by the end of 2024. That said, the digital asset falling prey to negativity, could drag the price down to $1.14.
FTX token was launched by sbf and Gary Wang on May 8th, 2019. The founder completed his bachelor’s degree from the Massachusetts Institute of Technology. And gained experience at the Centre for Effective Altruism as director of development. Sam Bankman Fried is also the present CEO of the FTX network.
Gary Wang completed his graduation from the Massachusetts Institute of Technology in computer science and mathematics. The co-founder previously gained experience as a software engineer at Google. He currently works as chief technology officer at the crypto derivatives exchange platform FTX.
Almenda Research owns the FTX network, which is one of the reputed institutes in cryptocurrency trading and enables large liquidity pools. The FTX platform is built by a dedicated team, who are experts in the relevant field.
FTX is a crypto derivatives trading ecosystem that owns a native token termed FTT. The token can be utilized as collateral for futures trading, earning commissions on trading fees, getting Over-The-Counter rebates, and more.
The platform solves the existing problems associated with futures trading. On other exchanges present in the market, the collateral is divided across separate token wallets. However, FTX derivatives are stablecoin-settled and need only a universal margin wallet to limit future positions from getting liquidated.
Another exciting feature of the platform is leveraged tokens that enable investors to fill leveraged positions without any margin trading. For example. if the user wants to short ethereum
Binance Wants to Be Safe. Earlier this year, Terra (LUNA) collapsed, so Binance wants to be prepared this time with FTT tokens.
Yes, FTX Token also has the potential to be a profitable short-term investment.
According to our FTX price prediction 2025, the altcoin could soar as high as $7.16, by the end of 2025.
It runs on the Ethereum blockchain. In 2021, FTT recorded strong and confident growth several times, hitting an all-time high.
With a potential surge, the price of FTT token could hit a high of $30.16 by the year 2030.
At the time of publishing, the price of the FTT token was $1.36.
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