FTT Jump 60% After SBF’s ‘gm’ Tweet Amid Creditor Repayments
FTT skyrocket sharp sharp afta one surprise “gm” tweet from Sam Bankman-Fried X account wey one friend dey manage. Within hours, FTT trading volume spike and the token jump 30% for early trading, reach peak near 60% gains. As we dey talk now, FTT dey trade for $0.97, up 18% for 24 hours with $319 million market cap and $79 million daily volume. The rally make sense with FTX third creditor repayment round on September 30, e make people reason say the estate repayments dey push the price high. Traders for Crypto Twitter dem react with both fun and doubt, show say sentiment fit overtake fundamentals. Short-term momentum still dey bullish. Traders suppose dey watch FTT volatility, repayment updates and SBF account moves for next triggers.
Bullish
Di sudden 60% rise for FTT after SBF tweet show strong power wey social media get for short-time market movement. High trading volume plus positive momentum dey show say FTT dey bullish before September 30 creditor payment. But long-term stability go depend on real repayment progress and how token go fit work for any revived FTX platform. Traders go likely still dey optimistic short-term as speculation go drive more gains, but fundamentals na im go drive FTT path after repayment dem.