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FTX Token (FTT) Resurrects from Obscurity, Surges to $1.60: Can It Reach Former Glory?

FTX Token (FTT) Resurges with Strong Momentum and Potential for Bullish Breakout

FTX Token (FTT), the native utility token of the FTX cryptocurrency exchange, has recently experienced a remarkable ascent. In just one month, FTT rose from relative obscurity to reach a price point of $1.60. The launch of the claims portal on July 11 positively impacted the FTT token, leading to an increase in value. Despite facing technical difficulties shortly after its launch, FTT holders demonstrated resilience and maintained their confidence in the cryptocurrency.

Key Points:

– FTT has gained 97.1% over the past month and shows strong upward momentum.
– The price is poised to reach a substantial increase of $2.46.
– FTT bulls are reclaiming market dominance after a prolonged consolidation phase.
– Momentum indicators point to a hyped-up market, favoring a bullish scenario.
– The potential breakthrough of FTT’s price beyond the consolidation range could lead to significant price surges.

Wall Street Memes ($WSM): The Next Hottest Crypto Presale with Massive Potential

Wall Street Memes ($WSM) has raised over $14.4 million in its presale funding, positioning itself as one of the top meme coin launches in 2023. The community token aims to empower the average individual, with 100% of the token supply allocated to the Wall Street Memes community. With 30% of the supply allocated to community rewards, there is potential for airdrops and community giveaways. Analysts believe that $WSM has the potential to match the size of major established meme coins like Dogecoin and Shiba Inu.

Key Points:

– Wall Street Memes has raised over $14.4 million through its presale funding.
– The token supply is allocated entirely to the Wall Street Memes community with no private sale or team allocation.
– Airdrops to holders and community rewards are expected to play a significant role in the ecosystem.
– The token could potentially reach a fully diluted market cap of $674 million.
– Analysts believe $WSM has the potential for 100x gains, leading to a market cap exceeding $6 billion.

Hot Take:

FTX Token (FTT) has shown impressive growth and potential, with a strong upward trajectory and bullish momentum. Wall Street Memes ($WSM) presents an exciting opportunity for investors looking to benefit from the meme coin trend. With its significant presale funding and potential for massive gains, $WSM could match the size of major meme coins like Dogecoin and Shiba Inu. Both FTT and $WSM offer unique opportunities for investors seeking growth in the cryptocurrency market.

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FTX Token (FTT) Resurrects from Obscurity, Surges to $1.60: Can It Reach Former Glory?