FTT (FTX Token) rose 19.91% in 24 hours.

Gate News Bot news, on September 19, according to CoinMarketCap, as of the time of writing, FTT (FTX Token) is currently priced at 0.98 USD, rising 19.91% in the last 24 hours, with a high of 1.17 USD and a low of 0.78 USD. The 24-hour volume reached 79.3 million USD. The current market capitalization is approximately 322 million USD, an increase of 53.4 million USD compared to yesterday.

Important news about FTT recently:

1️⃣ SBF Account Changes Attract Market Attention The social media account of FTX founder Sam Bankman-Fried (SBF) exhibited unusual activity, following a large number of users. This sudden event has attracted widespread attention in the cryptocurrency market, especially having a significant psychological impact on FTT holders.

2️⃣ FTT price breaks through psychological barrier Due to the fluctuations in SBF's account, the price of FTT once broke the $1 mark, reaching $1.05. This breakthrough not only represents an important psychological barrier but may also attract more investors' attention, further driving a short-term price rise.

3️⃣ Short-term rise is significant FTT has shown a significant rise in a short period, increasing by 30% within an hour. Such a rapid price movement reflects the market's high sensitivity to FTT-related news, and it may also trigger more investors to chase the pump.

From a technical perspective, after the FTT price breaks through the $1 threshold, it may face certain pullback pressure. Investors need to closely monitor whether the price can stabilize above this level and the sustainability of the volume. At the same time, considering the close relationship between FTT and the FTX exchange, its fundamentals still have uncertainties, and market participants should maintain a cautious attitude.

This message does not constitute investment advice, and investors should be aware of market volatility risks.