The Phoenix Of Crypto: FTX Eyes Potential Relaunch In 2024 As New CEO Works Towards Revival
Portfolio Pulse from Murtuza Merchant
Bankrupt cryptocurrency exchange FTX plans for a potential revival under new CEO John Ray, with a possible relaunch in Q2 2024. FTX has recovered $7.3 billion in assets and the native FTX (CRYPTO: FTT) Token experienced a 13% jump after the news.
May 23, 2023 | 7:43 pm
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POSITIVE IMPACT
FTX's potential relaunch in Q2 2024 under new CEO John Ray has led to a 13% jump in the native FTX (CRYPTO: FTT) Token.
The news of FTX's potential relaunch in Q2 2024 under new CEO John Ray has had a direct impact on the price of the native FTX (CRYPTO: FTT) Token, which experienced a significant jump of over 13%. This indicates a positive short-term impact on the asset.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100