The Story and Fate Background on FTT Token and #FTX Network #BTCReboundsAfterFOMC FTT is the cryptocurrency issued by the renowned FTX trading platform. FTX was once considered one of the largest cryptocurrency exchanges globally, attracting significant interest from investors due to its rapid growth and provision of innovative financial products. FTT was the backbone of the platform, used to reduce trading fees and offer additional features to users, making it a pivotal currency in the platfor
The Crypto Trap: Why New Tokens Aren't Always a Jackpot
Periodically, one or two new cryptocurrencies emerge on the #Lunchpool platform #Binanceaward , where rewards are distributed to those who hold $BUSD and $FDUSD for a limited period. This process lasts for a few days, during which the price of the newly launched token starts to rise. Many investors rush to buy, believing they will achieve profits of five fold or more. Some believe that these tokens represent a "once-in-a-lifetime" opportunity, thinking that a simple $100 investment could turn i
Which is Better: FDUSD vs USDT on Binance? $USDT is one of the most popular stablecoins, launched by Tether Limited Inc. in 2014, and is widely recognized as being backed by U.S. dollar reserves. Itâs the most commonly used stablecoin on Binance. $FDUSD (First Digital USD), a newer stablecoin, made its debut on June 1, 2023, under the auspices of First Digital Labs, a financial firm headquartered in Hong Kong. It was introduced by Binance as an alternative to BUSD, which faced legal challenges
Cypto is a new investment opportunity that gained popularity in 2020 with the rise of affiliates and influencers promoting it. As more people joined, many began to approach it like traditional forex trading. However, this is not the right strategy because the price of crypto can increase or decrease by 100 times, which is vastly different from forex or stock markets. Most people focused on charts, tracking price fluctuations, and reading countless articles, yet still ended up losing money. If yo
$ZEC (Zcash) Under Threat of Delisting from Binance?
Over the past 6 months, ZEC (Zcash) has been under monitoring by Binance, raising concerns about a potential delisting. As regulatory pressures mount and exchanges tighten their compliance measures, privacy-focused cryptocurrencies like ZEC face increasing challenges. While no official announcement has been made, need to be carefully lost money with #wave #mob #btcst