Token

2024

bullish

The FTT price soared 59% in the last 24 hours <a href="https://www.geckoterminal.com/eth/pools/0x7825de5586e4d2fd04459091bbe783fa243e1bf3" rel="noopener noreferrer nofollow">to trade at $2.31</a> as of 00:34 a.m. EST on trading volume that skyrocketed 3,965% to $406 million.
This pump came after confirmation that a US Bankruptcy Court in Deleware will hold a hearing for FTX’s bankruptcy plan on October 7 at 10 a.m. EST.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 FTX plan confirmation is set for October 7, 2024, at 10:00 a.m. Eastern Time.
 Repayment in bankruptcy cases is usually sixty days after plan confirmation.
 Pushing it at the end of the year <a href="https://t.co/wRXw3thEm1" rel="noopener noreferrer nofollow">https://t.co/wRXw3thEm1</a>
 — 𝘽𝘼𝙇𝘿𝙍® (@BaldrWear) <a href="https://twitter.com/BaldrWear/status/1840241452879642635?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 29, 2024</a>
</blockquote>
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At the hearing, the court will be able to confirm the Chapter 11 reorganization plan proposed by FTX and its related disclosure statement plan.
If the court confirms and allows the plan, it will enable FTX to pay over 98% of customers and unsecured creditors with interest based on the dollar price of the FTT token as of November 11, 2022.
<h2 id="ftt-price-on-a-sustained-bullish-rally">FTT Price On A Sustained Bullish Rally</h2>
The FTT price was in a consolidation phase, trading on a sideways pattern within the $1.38 range, according to data from <a href="https://www.geckoterminal.com/eth/pools/0x7825de5586e4d2fd04459091bbe783fa243e1bf3" rel="noopener noreferrer nofollow">GeckoTerminal</a>.
The token broke out from a period of consolidation (yellow rectangular box) around the $1.30-$1.40 range and rallied quickly to the $2.30-$2.50 region, peaking near $2.50. After this period of sideways consolidation, the price has surged explosively in the last few candles, forming a parabolic curve.
FTT now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which shows that the asset is currently on a sustained bullish trend.
The Relative Strength Index (RSI) is 77.72, which indicates overbought conditions and intense buying pressure on the asset.
Moreover, the Moving Average Convergence Divergence (MACD) line (blue) is above the signal line (orange), and both are in positive territory, which is a bullish signal. The histogram shows strong positive momentum, reflecting the strength of this upward movement.
<figure id="attachment_581466" aria-describedby="caption-attachment-581466" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-581466" src="https://insidebitcoins.com/wp-content/uploads/2024/09/SushiSwap-_GeckoTerminal.com_FTX-Token_2024-09-30_07-34-11.png" alt="FTT Price Chart Analysis Source: GeckoTerminal.com" width="1274" height="532" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/SushiSwap-_GeckoTerminal.com_FTX-Token_2024-09-30_07-34-11.png 1274w, https://insidebitcoins.com/wp-content/uploads/2024/09/SushiSwap-_GeckoTerminal.com_FTX-Token_2024-09-30_07-34-11-300x125.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/SushiSwap-_GeckoTerminal.com_FTX-Token_2024-09-30_07-34-11-1024x428.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/SushiSwap-_GeckoTerminal.com_FTX-Token_2024-09-30_07-34-11-768x321.png 768w" sizes="(max-width: 1274px) 100vw, 1274px">
 <figcaption id="caption-attachment-581466" class="wp-caption-text">
 FTTUSD Chart Analysis Source: GeckoTerminal.com
 </figcaption>
</figure>
<h2 id="ftt-price-prediction">FTT Price Prediction</h2>
According to the FTT/USD chart analysis on the 4-hour timeframe, the FTT price is currently on a sustained bullish stance. The MACD and RSI indicate strong upward momentum, which could push the price of FTT further through the projected 21% surge to $2.78.
An RSI above 70 typically signals that the asset is overbought and might be due for a pullback or consolidation, although it can stay overbought during strong uptrends. If the bears gain control here, the price of FTT will retrace back to the $1.64 support.
Meanwhile, investors might want to consider diversifying into a new meme coin casino project called <a href="https://insidebitcoins.com/visit/memebet" rel="noopener noreferrer nofollow">Memebet Casino (MEMEBET Token)</a>, which has raised more than $337k in its presale.
YouTube channel Cryptonews, with over 10k subscribers, says that $MEMEBET Token could soar 100x after it launches.
<iframe title="NEW MEMEBET TOKEN WILL 100X!! MAKE BETS WITH MEME COINS?!" width="640" height="360" src="https://www.youtube.com/embed/dgqdweQeJVI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
<h2 id="memebet-casino-heads-for-500k">Memebet Casino Heads For $500K</h2>
The <a href="https://insidebitcoins.com/visit/memebet" rel="noopener noreferrer nofollow">Memebet Token</a> straddles two of the hottest themes in crypto: meme coins, and GambleFi, and the project integrates these two sectors like no other crypto. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Not the casino we deserve but the casino we need 🎰 <a href="https://twitter.com/hashtag/MemeBet?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeBet</a> <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a> &amp; <a href="https://twitter.com/hashtag/Airdrop?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Airdrop</a> coming soon! 🚀 <a href="https://twitter.com/hashtag/Memecoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Memecoins</a>, <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> gaming and more! 🎮🏆 <a href="https://twitter.com/search?q=%24COIN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$COIN</a> <a href="https://twitter.com/search?q=%24DOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOG</a> <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a> <a href="https://twitter.com/hashtag/SOL?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SOL</a> <a href="https://twitter.com/hashtag/RNDR?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#RNDR</a> <a href="https://t.co/oR2xja6JFK" rel="noopener noreferrer nofollow">pic.twitter.com/oR2xja6JFK</a>
 — MemeBet (@Memebetcasino) <a href="https://twitter.com/Memebetcasino/status/1793673524747309446?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 23, 2024</a>
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<h2 id="a-project-for-the-degens">A Project For The Degens</h2>
The project caters to the “degen” community, offering high-stakes gameplay, a global sportsbook that covers major leagues like the EPL and NBA, and a diverse selection of crypto-native games.
Big-name meme coins such as Dogecoin (DOGE) and Pepe (PEPE) can be wagered on the decentralized platform.
By acquiring $MEMEBET Token, you can easily unlock a range of benefits, which include a substantial play-to-earn airdrop, exclusive degen rewards, and VIP perks.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Bro's asking the right questions 🧐<a href="https://twitter.com/hashtag/MemeBet?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeBet</a> <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a> &amp; <a href="https://twitter.com/hashtag/Airdrop?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Airdrop</a> soon ⏰
 The number one place for <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> gaming and more! 💥 🎰<a href="https://twitter.com/search?q=%24FTM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FTM</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> <a href="https://twitter.com/hashtag/SOL?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SOL</a> <a href="https://twitter.com/hashtag/Bonk?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bonk</a> <a href="https://twitter.com/hashtag/WIF?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#WIF</a> <a href="https://twitter.com/hashtag/Doge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Doge</a> <a href="https://twitter.com/hashtag/BOME?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BOME</a> <a href="https://twitter.com/hashtag/Altseason?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altseason</a> <a href="https://t.co/NLds73vdTX" rel="noopener noreferrer nofollow">pic.twitter.com/NLds73vdTX</a>
 — MemeBet (@Memebetcasino) <a href="https://twitter.com/Memebetcasino/status/1792226734265266188?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 19, 2024</a>
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Moreover, if you bet with a $MEMEBET Token, you can also increase your rewards through the platform’s play-to-earn system. You can wager more and get even bigger returns.
Its airdrop was announced to celebrate its early momentum. Token holders will have the chance to win a share of $10,000 worth of MEMEBET tokens, with ten lucky participants each receiving $1,000.
To join the presale, <a href="https://insidebitcoins.com/visit/memebet" rel="noopener noreferrer nofollow">buy $MEMEBET Token on the official website here</a> for $$0.0255 using USDT, ETH, or a bank card. With a price increase scheduled in 3 days, don’t wait too long to secure the best deal.
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FTT Price Soars 59% Ahead Of FTX Restructuring Hearing, But Experts Say Consider This Meme Coin Casino Token For 100X Gain

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Inside Bitcoins

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