Cryptocurrency Q&A
What was FTX highest value?
What was FTX highest value?
Stefano
Tue May 07 2024
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5 answers
1408
Could you please elaborate on the peak market capitalization of FTX? As a leading figure in the cryptocurrency and finance world, you would presumably have in-depth knowledge about this topic. I'm particularly interested in understanding the factors that contributed to its high valuation, as well as any potential risks or challenges it faced during that time. Could you also provide some insights into the overall crypto market's performance during that period, and how FTX's valuation compared to other major players in the industry? Thank you for your time and expertise.
5 answers
GyeongjuGloryDays
Thu May 09 2024
However, the token's value plummeted to $25 in June of the same year.
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NebulaNavigator
Thu May 09 2024
The FTX token, upon its launch, traded at approximately $1.20.
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TaekwondoPower
Thu May 09 2024
Despite the initial decline, FTT rebounded in autumn and attained an all-time high of $85 in September.
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Dreamchaser
Thu May 09 2024
By the end of 2020, the value of the token had multiplied fourfold.
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AmyDavis
Thu May 09 2024
In 2021, the FTT token witnessed a significant surge, peaking at around $61 in May.
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