FTT Jumps 30% in One Hour After Activity on SBF’s X Account

FTX’s native token, FTT, surged 24% after Sam Bankman-Fried's social media post, despite his incarceration. The speculative surge was met with skepticism by the crypto community, with trading volumes and active addresses spiking. Despite Bankman-Fried's claim that the post was made by a 'friend,' the token's volatility underscores ongoing market reactions to headlines linked to its controversial founder.

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