The last few years have seen many new ventures in the cryptocurrency and blockchain business. All new setups are offering solutions to their customers which Bitcoin and Ethereum like old companies were facing.
FTX is such a new venture derivative exchange offering customers many solutions. FTT is their native token and has caught the attention of all crypto businesses because of its rapid rise.
The FTX Token price prediction is a hot discussion topic. In this blog, we will discuss the FTX Token price prediction and the pros and cons of buying FTX. Hope you enjoy the discourse and will give us your feedback and comments.
What Is FTX Token?
FTX is an exchange dealing with cryptocurrency derivatives. Its token name is FTT. FTT is an Ethereum-based ERC-20 utility token.
Who Created FTX Token?
FTX token FTT was created by Sam Bankman-Fried along with Gary Wang. Sam Dankman-Fried is CEO of FTX and Gary Wang is CTO.
FTX Token (FTT) Historical Price Analysis
For discussing the FTX Token crypto price prediction, historical data analysis is important. FTT was launched by FTX exchange in July 2019.
Quarter-end historical price analysis data is given in the below table. All values in US$.
FTT Market Cap
Reviewing the FTT price prediction, the FTX Token price was $63.94 USD today, with $700,357,531 USD of trading volume over the past 24 hours.
The FTX Token price prediction shows its current ranking as #28 with a live market capitalization of $6,032,609,947 USD.
The circulating supply of FTT coins is 94,346,958 and a max. supply of 352,170,015 FTT coins.
FTT Circulating Supply And Total Supply
As of February 2021, the FTX Token price prediction reports FTT had a circulating supply of around 94 million tokens. The total supply is about 345 million coins.
FTX Token Price Today – Current Price
As of the writing of this report, the FTX Token price prediction at the closing of the day was $63.94. Up $2 from the opening.
FTX Token (FTT) Future Price Forecast Prediction
As of the writing of this report, the current price of FTT is $61.693. The FTX Token price prediction yearly data clearly shows a continuous uptrend for the past 1 year (since its inception).
Similar market tokens also show a rising trend, FTX Token price prediction (FTT) has been following a similar path.
Analysts use algorithms to forecast cryptocurrency predictions. Several variables are taken into account like volume changes, price changes, market cycles, similar coins, market cap circulation.
Prediction values from different analysts can differ, sometimes significantly, because of their calculation methods.
Checking the FTX Token price prediction, the table below shows the FTT token values in US$ for the past and future weeks.
FTX Token (FTT) Short Term Prediction
Short-term prediction in cryptocurrency generally refers to hours, one day, and maybe a few day’s predictions. This is high risk and is used by aggressive traders to buy sell on the day trading.
FTX Token crypto price prediction for the short term is given in the table below. The short-term prediction is for the next few weeks.
It shows a gradual uptrend, with a downward trend mid of the week.
FTX Token (FTT) Long Term Prediction
The 1-year prediction for the FTX asset is predicted at $126.493 (105.04%).
That means $100 invested today, may be worth $205.04 after 1 year (i.e. by Sept 2022).
The option to trade bullish markets is always easy, so FTX Token can be considered for expanding your portfolio.
Analyst’s figures for FTX Token price prediction for long-term for the next four years are given below, beginning end 2021.
FTX Token Price Prediction 2022
FTX token FTT price prediction 2022 in US$ is given below with each month ending prices.
|January 31, 2022||84.382||71.725||97.039|
|February 28, 2022||95.159||80.885||109.433|
|March 31, 2022||106.961||90.917||123.005|
|April 30, 2022||118.140||100.419||135.861|
|May 31, 2022||109.381||92.974||125.789|
|June 30, 2022||111.445||94.728||128.162|
|July 31, 2022||117.679||100.027||135.331|
|August 31, 2022||129.424||110.010||148.838|
|September 30, 2022||131.949||112.157||151.742|
|October 31, 2022||135.252||114.964||155.540|
|November 30, 2022||142.257||120.919||163.596|
|December 31, 2022||150.649||128.052||173.246|
FTX Token Price Prediction 2023
FTT price prediction 2023 in US$ is given below for each month-end.
|January 31, 2023||157.408||133.797||181.019|
|February 28, 2023||173.478||147.456||199.500|
|March 31, 2023||192.159||163.335||220.983|
|April 30, 2023||205.904||175.018||236.790|
|May 31, 2023||195.803||166.433||225.174|
|June 30, 2023||198.700||168.895||228.505|
|July 31, 2023||207.383||176.276||238.491|
|August 31, 2023||225.240||191.454||259.026|
|September 30, 2023||229.493||195.069||263.917|
|October 31, 2023||232.788||197.870||267.7062|
|November 30, 2023||244.374||207.718||281.030|
|December 31, 2023||252.820||214.897||290.743|
FTX Token Price Prediction 2025
FTT price prediction 2025 in US$ for each month-end is given below.
|January 31, 2025||398.322||338.574||458.070|
|February 28, 2025||418.075||355.364||480.786|
|March 31, 2025||437.225||371.641||502.809|
|April 30, 2025||456.654||388.156||525.152|
|May 31, 2025||456.881||388.349||525.413|
|June 30, 2025||459.375||390.4688||528.281|
|July 31, 2025||476.552||405.069||548.035|
|August 31, 2025||496.667||422.167||571.167|
|September 30, 2025||505.740||429.879||581.601|
|October 31, 2025||516.988||439.440||594.536|
|November 30, 2025||530.469||450.899||610.039|
|December 31, 2025||543.404||461.893||624.915|
FTX Token Price Prediction 2030
The forecast for FTT price prediction 2030 in US$ is shown in the table below (last row), with 9 preceding years.
|Year||Minimum Price||Average Price||Maximum Price|
FTX Token price prediction forecast above is calculated by analysts using different software and considering many factors influencing the cryptocurrency trade.
In the FTX Token crypto price prediction, individual figures can vary from one analyst to another, but the general trend is clear.
Is FTX Token A Good Investment?
As a crypto derivatives exchange, FTX has done better than most of its competitors. FTX’s connections to Binance, the background of its team, and the tokenized futures feature are all reasons why it may continue to climb the market cap ladder.
Analysts analyzing the FTT price prediction say there’s a good chance that FTT will be the altcoin to watch this year and in the years to come.
Based on FTT price prediction and above facts, it can be said FTT is a good token to invest in, given the rise in popularity of crypto derivatives exchanges.
Is FTX Token Safe To Buy?
FTX is currently doing very well and all indicators in the FTT price prediction show it will do well in the long. Coinmarketcap currently ranks it at #6 based on the trading volumes and #26 by market cap, at the time of writing.
There is a strong team behind it and it has a clear business plan that spells out what it plans to do and how it intends to get there.
Its application is simple and straightforward, much different from many cryptocurrencies.
At present, FTX is strong internationally, but its U.S. based customers are limited due to U.S. restrictions on some of its services.
By law, U.S. residents cannot transact on FTT. However international FTX customers can earn interest on their holdings and pay reduced transaction fees.
FTT is not good from an investor’s point of view, because of the regulatory changes. The stronger controls could give a setback to FTX’s plans in the U.S. market.
The company says they are working with regulators to solve all issues, which could help grow the price further.
The take is FTX is legit and safe to invest in and the FTX Token price prediction shows promising returns in long run.
How To Buy FTX Token? Step By Step Guide
When people query for the FTX Token price prediction, they also enquire how the FTT can be purchased. The steps are outlined below.
FTX tokens can be purchased by fiat currencies on crypto exchanges dealing with FTX tokens. FTX tokens can be bought using credit/debit or bank transfer, on the exchange.
Open an account on a crypto exchange that supports FTT
First, open an account on the exchange dealing with fiat and cryptocurrency and FTX tokens. Most exchanges require your email address, phone number, and proof of ID for registration.
Deposit funds into your new crypto account
Transfer amount to this crypto exchange from your bank account, credit/card, or from your cryptocurrency wallet to buy FTX tokens.
Buy FTX token FTT
Follow online instructions to complete your FTX token purchase. Store and secure your FTT records in a hardware wallet.
Best Crypto Exchanges To Buy FTX Token
Besides the query for the FTX Token price prediction, people want to know which crypto exchanges trade FTX tokens. Some such exchanges are Coinbase, Coinmama, Binance, FTX, Gate.io, Cex, Kraken, and Changelly.
How High Will FTX Token Go?
FTX token has hit a high of 69.39 today. Up 50%. This ATH (all-time high) was mostly due to the news of Ecosystem Expansion and the acquisition of LedgerX.
FTX Token price prediction for the year 2021 end is predicted near the $90 – $100 range.
Will FTX Token Go Up Tomorrow?
After today’s performance and the recent activities of FTX in business contracts, FTT price prediction forecasts that the token price will go up tomorrow.
Long term also the performance is expected to be kept up. For further interesting discussions, the FTX Token price prediction Reddit forum is helpful.
Will FTX Token Reach $1000?
This figure of $1000 is a high expectation. With the current scenario, there are many technical and regulatory issues to be resolved as the market moves from concept to testing phase by end of the year.
A good number of projects would be completed and the bull market will prevail.
According to one FTT price prediction analyst, FTX token can hit $1778 by the end of 2025.
Is FTX Token Better Than Bitcoin?
At the moment most of the new entrants in cryptocurrency aim to overcome the shortcomings of the forerunners. Bitcoin is the oldest and strongest, a comparison is always made against it.
FTX token is considered unique, since its inception last year it has skyrocketed in the top 100 in coin market cap. Bitcoin is the big daddy for a decade, so we can’t really compare these two even though FTT has made huge strides.
The recent listing and de-listing of FTX token by Binance exchange also brought it to the limelight in the business circles.
Final Verdict – FTX Token Price Prediction FTT Coin
FTX, a derivative exchange for cryptocurrency with its FTT token has performed quite well in its second year. FTX Token price prediction by analysts is very encouraging in favor of FTX.
The team at FTX has managed well and many big names have invested and are in collaboration with FTX. They are working closely with regulators to comply with all U.S. regulations and expand the business in the U.S.
There are many new ventures in this field of derivative exchanges offering forward contracts, leveraged tokens, and OTC contracts.
So far FTX approach has been able to gain the confidence of investors and made investment in their business attractive and improving the FTX Token price prediction.
Reddit FTX Token price prediction is a good forum to discuss the pros and cons of investing in FTX business.
I am a data analyst by profession who loves to crunch numbers at daytime and come home wondering how my passive income numbers for the day look like. I believe in being rich rather than looking rich. Follow me for Cryptocurrency, FIRE, Personal Finance, Credit Cards and Digital Nomad updates