ftt surges by over 100 but will this rally persist

Overview

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30 de sept. de 2025 FTX Token (FTT) surged 60% despite overall market decline, surprising traders given FTX's 2025 bankruptcy due to fraud. Rumors of creditor reimbursement by The double-digit rally in FTT’s price is fueled by the recent announcement of FTX’s reorganization plan, which is scheduled to begin in January 2025. With a growing bullish 30 de sept. de 2025 However, rumors about creditor repayment approval on Sept. 29 sparked the biggest daily price rally over three years. Roughly $16 billion in claims are for FTX 30 de sept. de 2025 FTX Token surged 113% before correcting, closing 57% higher due to false rumors of a $16 billion repayment plan. Increased deposits suggest caution, as traders However, the sudden upswing has brought a bullish notion into the FTT market. The MACD indicator formed a bullish crossover which suggested elevated chances of The collapse of FTX took a toll on several firms as well as assets across the market. But the most impacted token had to be the exchange’s native token FTT. The collapse of FTX took a toll on several firms as well as assets across the market But the most impacted token had to be the exchange s native token FTT The price of FTT, the native cryptocurrency of bankrupt crypto exchange FTX, increased by 36% within 24 hours, reaching $2.96. This price rally follows FTX's announcement of its Sam Bankman-Fried’s unexpected return to social media sparked a dramatic market reaction, sending FTT prices soaring before an equally swift correction. The disgraced As seen in the chart, FTT witnessed close to zero movements over the last couple of days. However, the sudden upswing has brought a bullish notion into the FTT market. The MACD

FTT Surges Over 100%: Will This Rally Persist? A Deep Dive

The FTX Token (FTT) has been experiencing dramatic price swings, leaving investors wondering: is this a sustainable rally or a fleeting moment of exuberance? Recently, FTT witnessed a surge of over 100%, capturing the attention of the crypto community. But can this momentum be maintained, especially considering the circumstances surrounding FTX's bankruptcy?

Understanding the Recent FTT Price Surge

On 30 de sept. de 2025, FTX Token (FTT) defied overall market trends and surged by a surprising 60%. This rally, despite the backdrop of FTX's 2025 bankruptcy and subsequent fraud allegations, baffled many traders. What fueled this unexpected surge?

Rumors of creditor reimbursement and the recent announcement of FTX’s reorganization plan, scheduled to begin in January 2025, seem to be the primary drivers. The double-digit rally in FTT’s price is directly linked to this plan. The surge reflects a growing bullish sentiment within the FTT market.

Adding fuel to the fire, rumors about creditor repayment approval on Sept. 29 sparked the biggest daily price rally in over three years. With roughly $16 billion in claims for FTX, any news related to repayment understandably creates significant market activity.

However, it's crucial to note that on 30 de sept. de 2025, FTX Token initially surged 113% before correcting, ultimately closing 57% higher due to what turned out to be false rumors of a $16 billion repayment plan. This highlights the volatility and speculative nature of the current FTT market.

Bullish Signals vs. Cautionary Indicators

Despite the false rumor-driven surges, the sudden upswing has brought a bullish sentiment to the FTT market. The MACD indicator formed a bullish crossover which suggested elevated chances of further upward movement, at least temporarily. However, it is important to consider that increased deposits suggest caution, as traders may be simply riding the volatility wave.

The Impact of FTX's Collapse on FTT

The collapse of FTX took a toll on several firms as well as assets across the market. But the most impacted token had to be the exchange’s native token FTT. This collapse severely damaged FTT's reputation and market value. While there are glimmers of hope, the token still carries the weight of FTX's past.

The price of FTT, the native cryptocurrency of bankrupt crypto exchange FTX, increased by 36% within 24 hours, reaching $2.96. This price rally follows FTX's announcement of its reorganization plan, but it remains to be seen if this plan can restore long-term confidence in the token.

Additionally, Sam Bankman-Fried’s unexpected return to social media sparked a dramatic market reaction, sending FTT prices soaring before an equally swift correction. The disgraced founder's involvement, or even the perception of involvement, continues to significantly impact FTT's price.

Will the FTT Rally Persist?

As observed in historical charts, FTT witnessed close to zero movements over the last couple of days. However, the sudden upswing has brought a bullish notion into the FTT market. The MACD indicator, while showing potential bullish signals, should be viewed with caution.

Ultimately, whether the FTT rally persists depends on several factors: the progress of FTX's reorganization plan, the accuracy and reliability of information surrounding creditor repayment, and the overall sentiment of the crypto market. Investors should exercise extreme caution and conduct thorough research before investing in FTT, given its turbulent history and the ongoing uncertainty surrounding FTX.