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FTXs FTT token rallies 30 Binance effect or FTX 20 reopening
Published: 2023-11-23
1. FTX's FTT Token Rallies 30%: Binance Effect or FTX 2.0 Reopening? The main topic of this article focuses on the recent rally of FTX's native token,FTT,and the possible reasons behind it. One of the potential explanations is the "Binance Effect," which suggests that FTT's price surge could be attributed to the listing of the token on Binance,one of the largest cryptocurrency exchanges. Additionally,the upcoming reopening of FTX 2.0,the platform's new and improved version,is seen as another significant factor driving the token's rally.
2. Binance Effect: FTT's Listing on Binance and its Impact on the Price The article delves into the concept of the "Binance Effect" and the positive impact it can have on the price of listed cryptocurrencies. By being listed on Binance,FTT gains exposure to a wider range of investors and traders,resulting in increased demand and potential price appreciation. This addition to one of the leading exchanges in the cryptocurrency market is considered a significant development for FTX's FTT token.
3. FTX 2.0 Reopening: Anticipation and Expectations Another crucial topic covered in the article is the upcoming reopening of FTX 2.0. This new version of the FTX trading platform is touted as an improved and enhanced version of its predecessor. As the launch of FTX 2.0 approaches,anticipation and expectations among traders and investors are building up. The reopening is expected to bring new features,better user experience,and possibly attract more users to the platform,which could potentially contribute to the spike in FTT token's value. Overall,this article highlights the recent rally in FTX's FTT token,discussing the potential role of the "Binance Effect" and the reopening of FTX 2.0. These topics shed light on the factors driving the token's price surge and the market dynamics surrounding FTX's developments.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,064.00 | 1,349,193,365.30 |
| 2 | BTC |
62,673.18 | 1,096,690,172.98 |
| 3 | ETH |
3,207.78 | 1,089,815,778.43 |
| 4 | SOL |
136.58 | 429,562,277.89 |
| 5 | ETHFI |
4.49 | 272,162,653.54 |
| 6 | PEPE |
<0.01 | 254,391,142.04 |
| 7 | ENA |
0.82 | 125,238,780.06 |
| 8 | BONK |
<0.01 | 100,936,902.30 |
| 9 | NEAR |
6.94 | 94,001,307.83 |
| 10 | DOGE |
0.15 | 91,210,797.39 |
| 11 | OP |
2.60 | 86,568,579.90 |
| 12 | WIF |
2.63 | 85,815,240.03 |
| 13 | GLM |
0.56 | 84,699,757.10 |
| 14 | XRP |
0.51 | 83,986,366.23 |
| 15 | BOME |
<0.01 | 71,009,262.52 |
| 16 | ETC |
27.75 | 60,020,739.84 |
| 17 | RUNE |
5.08 | 45,441,649.13 |
| 18 | AVAX |
33.64 | 44,382,028.49 |
| 19 | AR |
35.64 | 42,940,124.04 |
| 20 | ATA |
0.25 | 42,349,422.56 |
| 21 | WLD |
4.63 | 39,413,603.06 |
| 22 | FLOKI |
<0.01 | 35,722,897.97 |
| 23 | COS |
0.02 | 35,622,510.42 |
| 24 | MATIC |
0.72 | 33,714,250.41 |
| 25 | SSV |
52.12 | 33,347,213.43 |
| 26 | LTC |
84.46 | 33,065,459.89 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 |  OAX |
0.25 | +17.67 |
| 2 | GLM |
0.56 | +15.50 |
| 3 | ETHFI |
4.49 | +11.24 |
| 4 |  ONG |
0.64 | +6.41 |
| 5 |  ASR |
4.25 | +5.43 |
| 6 | ATA |
0.25 | +5.07 |
| 7 |  COMBO |
0.79 | +3.00 |
| 8 |  PSG |
5.46 | +2.23 |
| 9 | AR |
35.64 | +1.92 |
| 10 |  AKRO |
<0.01 | +1.16 |
| 11 |  LOOM |
0.09 | +0.49 |
| 12 |  NEO |
18.23 | +0.44 |
| 13 |  XNO |
1.20 | +0.33 |
| 14 |  OM |
0.77 | +0.31 |
| 15 |  MKR |
3,020.00 | +0.07 |
| 16 |  TRX |
0.12 | +0.05 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  GAL |
3.74 | -22.87 |
| 2 | COS |
0.02 | -17.69 |
| 3 |  LEVER |
<0.01 | -12.28 |
| 4 |  ARKM |
2.00 | -10.95 |
| 5 |  VITE |
0.02 | -9.06 |
| 6 |  HIGH |
3.92 | -9.00 |
| 7 | BONK |
<0.01 | -8.69 |
| 8 |  PIVX |
0.34 | -8.49 |
| 9 |  HIFI |
0.80 | -8.20 |
| 10 |  MEME |
0.03 | -7.91 |
| 11 |  CTK |
0.68 | -7.85 |
| 12 |  MBOX |
0.35 | -7.83 |
| 13 |  MAGIC |
0.78 | -7.68 |
| 14 |  POLYX |
0.38 | -7.68 |
| 15 |  NFP |
0.43 | -7.60 |
| 16 |  GNS |
3.29 | -7.58 |
| 17 | ![BinaryX [OLD] title=](https://titdoi.com/coins-images-mini/BNX-binaryx.webp){kind=small} BNX |
0.97 | -7.58 |
| 18 |  RARE |
0.11 | -7.56 |
| 19 |  BEL |
0.86 | -7.45 |
| 20 |  KEY |
<0.01 | -7.45 |
| 21 |  TIA |
9.74 | -7.41 |
| 22 |  ACE |
5.29 | -7.40 |
| 23 |  CTXC |
0.31 | -7.36 |
| 24 |  SAGA |
3.59 | -7.34 |
| 25 |  PEOPLE |
0.02 | -7.33 |
| 26 | WLD |
4.63 | -7.28 |
| 27 |  ELF |
0.60 | -7.24 |
| 28 |  RLC |
2.73 | -7.21 |
| 29 |  AGLD |
1.11 | -7.17 |
| 30 |  XVG |
<0.01 | -7.06 |
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | Employment Cost Index q/q | Tuesday | 30-04-2024 | 13:30 |
| 2 | S&P/CS Composite-20 HPI y/y | Tuesday | 30-04-2024 | 14:00 |
| 3 | HPI m/m | Tuesday | 30-04-2024 | 14:00 |
| 4 | Chicago PMI | Tuesday | 30-04-2024 | 14:45 |
| 5 | CB Consumer Confidence | Tuesday | 30-04-2024 | 15:00 |
| 6 | ADP Non-Farm Employment Change | Wednesday | 01-05-2024 | 13:15 |
| 7 | Final Manufacturing PMI | Wednesday | 01-05-2024 | 14:45 |
| 8 | ISM Manufacturing PMI | Wednesday | 01-05-2024 | 15:00 |
| 9 | JOLTS Job Openings | Wednesday | 01-05-2024 | 15:00 |
| 10 | ISM Manufacturing Prices | Wednesday | 01-05-2024 | 15:00 |
| 11 | Construction Spending m/m | Wednesday | 01-05-2024 | 15:00 |
| 12 | Wards Total Vehicle Sales | Wednesday | 01-05-2024 | 15:15 |
| 13 | Crude Oil Inventories | Wednesday | 01-05-2024 | 15:30 |
| 14 | Federal Funds Rate | Wednesday | 01-05-2024 | 19:00 |
| 15 | FOMC Statement | Wednesday | 01-05-2024 | 19:00 |
| 16 | FOMC Press Conference | Wednesday | 01-05-2024 | 19:30 |
| 17 | Challenger Job Cuts y/y | Thursday | 02-05-2024 | 12:30 |
| 18 | Unemployment Claims | Thursday | 02-05-2024 | 13:30 |
| 19 | Prelim Nonfarm Productivity q/q | Thursday | 02-05-2024 | 13:30 |
| 20 | Prelim Unit Labor Costs q/q | Thursday | 02-05-2024 | 13:30 |
| 21 | Trade Balance | Thursday | 02-05-2024 | 13:30 |
| 22 | Factory Orders m/m | Thursday | 02-05-2024 | 15:00 |
| 23 | Natural Gas Storage | Thursday | 02-05-2024 | 15:30 |
| 24 | Average Hourly Earnings m/m | Friday | 03-05-2024 | 13:30 |
| 25 | Non-Farm Employment Change | Friday | 03-05-2024 | 13:30 |
| 26 | Unemployment Rate | Friday | 03-05-2024 | 13:30 |
| 27 | Final Services PMI | Friday | 03-05-2024 | 14:45 |
| 28 | ISM Services PMI | Friday | 03-05-2024 | 15:00 |
| 29 | FOMC Member Williams Speaks | Saturday | 04-05-2024 | 00:45 |
