According to Tokeninsight data, $FTT price dropped 72.96% over the last 24 hours, trading at $5.9478 now.
Previously, CZ said Binance signed a non-binding LOI, intending to fully acquire FTX. Influenced by the event, $FTT rallied to $19.72.
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Binance
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Data
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Binance inflows for 2024 are almost 40% higher than the next 10 exchanges combined Binance launching BFUSD, promising APY 'will never go below zero' Changpeng Zhao advocates for ‘real’ blockchain apps over memecoins As Crypto Assets Gain Ground, Binance Maintains Market Leadership
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