FTX Token Price Predictions: Can the FTT Crypto Survive the Storm?

Source: Chinnapong / Shutterstock

FTX Token (FTT-USD) price predictions are a hot topic on Tuesday as investors react to the latest worries about the crypto exchange.

Let’s start with the biggest concern traders have: Alameda Research‘s balance sheet. This is a sister company to FTX and a recent report claims it relies heavily on FTT tokens. This has shaken traders as previous data suggested the two didn’t have such a close relationship.

Next we have Binance (BNB-USD) stepping into the battle as the FTX reports circulate. Specifically, CEO Changpeng Zhao says the crypto exchange will be Binance-goes-on-the-offensive-with-ftx-insolvency-rumors/>liquidating its entire holdings of FTT tokens.