Story Highlights
- The real-time price of FTX is as follows: $4.79284218.
- With the potential for a surge, FTX price could rise to $5.78 by the end of 2023.
- FTT price could reach a high of $25.16 by the end of 2030.
teaThe previous year was the richest season for altcoins. Most of them have surpassed the most dominant asset, Bitcoin. One of the assets that surprised the cryptocurrency industry with a huge price surge in the first quarter was the FTX token.
FTX is built on ERC-20 tokens and is a cryptocurrency derivatives exchange. We aim to provide institutional-level solutions by offering futures, leveraged tokens, and OTC (Over Counter) trading.
Are you one of the many cryptocurrency market investors who have been analyzing the situation and trying to understand the future of this cryptocurrency and FTX price prediction?
This article covers the possible future of the coin for the company and the market, so buckle up.
outline
cryptocurrency | FTX Token |
token | FTT |
price | $4.79284218 -12.71% |
market capitalization | $1,576,342,327.0069 |
circulating supply | 328,895,103.8132 |
trading volume | $180,760,282.2291 |
Best ever | $89.02 on September 9, 2021 |
Lowest ever | June 10, 2023 $0.7763 |
24 high | $5.7500 |
24 litersouch | $4.4936 |
FTX Token Price Prediction for December 2023
FTT price traded within a consolidation range for a brief period before the price regained momentum and broke out of the range. The price then underwent a minor correction before the price took significant action and recorded a surge in value of over 60%.
The price was rejected at $5.0253 and then started trading in a consolidated range between $4.0396 and $4.5439 for a brief period, after which the price recently broke out of this range, indicating a bullish impact on the market.
Recently, the price regained momentum and recorded a 25% surge before being rejected at $6. Since then, the price has been trading under a bearish influence.
MACD displays a rising red histogram, which indicates a huge price movement for that coin. The averages also show bearish convergence, suggesting that prices will continue to lose value in the future.
If the bulls push the price above the resistance level of $5.0253, the price will continue to rise and will soon test the upper resistance level of $5.5067. Additionally, if the market maintains the price at this level, it will be set up to test the $6 resistance level in the future.
Conversely, if the bears overwhelm the bulls, the price will lose momentum and move lower to test the support level of $4.0396. Moreover, if the bears continue to dominate the market, they will be ready to test the lower support level of $3.4550 next week.
The asset will reach up to $5.78 with a move of 10%, taking into account volatility fears. However, if the bears continue their rally, the altcoin will stabilize at a price of at least $2.32. Subsequently, the balance of trading activity allows us to conclude that the average transaction price is $4.050.
FTT Price Forecast 2023~2030
price prediction | Potential Lowest Value ($) | Average price ($) | Potential Highest Price ($) |
2023 | 2.32 | 4.050 | 5.78 |
2024 | 5.74 | 6.86 | 7.98 |
2025 | 8.46 | 9.30 | 10.16 |
2026 | 11.08 | 12.17 | 13.26 |
2027 | 13.74 | 14.34 | 14.94 |
2028 | 15.92 | 16.64 | 17.36 |
2029 | 16.46 | 18.19 | 19.92 |
2030 | 19.18 | 22.17 | 16.25 |
FTT coin price prediction for 2024
When the team behind the FTX token engages in development and community building initiatives. Altcoins could hit higher peaks during the Bitcoin halving event, which is expected to occur in 2024. In this case, the FTT price prediction could go up to a potential high of $7.98.
The downside is that as reputation declines and competition increases, the price may drop to $5.74. In other words, without a plan to move forward, the average price could be suppressed to $6.86.
FTX Token Price Prediction for 2025
It has implications for predicting prices over the long term while also analyzing historical footprints. And how bears behave when they dominate the market. The FTX token has responded well to past market fluctuations. Overall, this secure and fast network has the potential to reach a value of up to $10.16 by the end of 2025.
Coins fail to introduce new upgrades and regulatory constraints across various regions. This may reduce the minimum to $8.46. Taking all aspects into account, the altcoin can trade for an average of $9.30.
FTX Token Price Prediction for 2026
According to price forecast and technical analysis, FTX price is expected to reach at least $11.08 in 2026. The maximum price can reach $13.26, and the average transaction price is around $12.17.
FTX Token Price Prediction for 2027
Projecting to 2027, the price of FTT is expected to reach a low of $13.74, a high of $14.94, and an average forecast price of $14.34.
FTX Token Price Prediction for 2028
By 2028, the price of a single FTX is expected to reach a minimum of $15.92, a maximum of $17.36, and an average of $16.64.
FTX Token Price Prediction for 2029
By 2029, the price of FTT is expected to reach a minimum of $16.46, with a maximum of $19.92, with an average of $18.190.
FTX Token Price Prediction for 2030
In 2030, FTX is expected to hit a low of $19.18, a high of $25.16, and an average price of $22.17.
market analysis
Company Name | 2023 | 2024 | 2025 |
wallet investor | $0.0901 | $0.104 | $0.0801 |
price prediction .net | $1.84 | $2.59 | $3.99 |
DigitalCoinPrice | $2.90 | $3.60 | $4.54 |
*We have created a table containing possible price predictions for the same tokens made by other cryptocurrency analysts on their respective platforms. The goals mentioned above are the average goals set by each company.
CoinPedia’s FTT Price Prediction 2023
If the community enters into strategic partnerships with certain projects, the price of FTT with certain variants may become higher.
According to the FTX price prediction formulated by CoinPedia, the token could surge up to $5.78 by the end of 2023. This means that if the digital asset is negatively impacted, its price could fall as low as $2.32.
basic analysis
The FTX token was launched by sbf and Gary Wang on May 8, 2019. The founder holds a bachelor’s degree from MIT. and experience as Director of Development at the Center for Effective Altruism. Sam Bankman Fried is also currently the CEO of FTX Network.
Gary Wang graduated from MIT with a degree in Computer Science and Mathematics. The co-founder previously had experience as a software engineer at Google. He currently works as the Chief Technology Officer (CTO) at FTX, a cryptocurrency derivatives exchange platform.
almeda research Research is one of the reputable institutions in the cryptocurrency trading space and owns the FTX network, which supports large liquidity pools. The FTX platform was built by a dedicated team of subject matter experts.
What are FTX tokens?
FTX is a cryptocurrency derivatives trading ecosystem with a native token called FTT. Tokens can be used as collateral for futures trading, earning commissions on transaction fees, over-the-counter rebates, etc.
This platform solves the existing problems associated with futures trading. In other exchanges present in the market, the collateral is divided into separate token wallets. However, FTX derivatives are settled in stablecoins and only require a universal margin wallet to limit future liquidation of positions.
Another interesting feature of the platform is leveraged tokens, which allow investors to fill leveraged positions without margin trading. for example. When a user wants to short Ethereum Ethereum blockchain networktechnology With 5x leverage. You can buy 5x short Ethereum leveraged tokens on FTX.
Historic Market Sentiment 2019-2022
- The token first appeared on the list in June 2019 with an initial offering price of $1.76.
- FTX reached $2 on December 20th.
- The years were very stable and constant fluctuations were observed in the charts. Prices ranged from $2 to $5 year-round.
- The cryptocurrency hit $5 in the last trading month of the year and reached $5.78 ATH on New Year’s Eve.
- As the bull market progressed, the cryptocurrency broke all records and reached ATH of $61.25 by mid-May.
- A sharp bearish trend was observed in the trend, with the coin’s value plummeting by 60%, resulting in a transaction value of $24.55 per purchase.
- The final months of the trading year were volatile and led to a bear market.
- The closing trading price of the cryptocurrency is $38 per purchase.
- 2022 was a bad year for the industry as the FTX exchange suffered a crash, sending the price plummeting below $2 by the end of the year.
Frequently Asked Questions
Binance wants to be safe. Since Terra (LUNA) crashed earlier this year, Binance wants to prepare this time with FTT tokens.
Yes, FTX tokens have the potential to be a profitable short-term investment.
According to FTX price prediction for 2025, the altcoin could soar to $10.16 by the end of 2025.
It runs on the Ethereum blockchain. In 2021, FTT recorded several rounds of strong and confident growth, reaching all-time highs.
At the time of publication, the FTT token price was $4.760.