Crypto exchange FTX’s token FTT price rose above 40% overnight.
This came after FTX announcement to allow holders of TRX, BTT, JST, SUN, and HT to withdraw assets from FTX 1:1 to external wallets.
FTX price today is $3.23 with a 24-hour trading volume of $1,320,448,241.
A Wednesday plunge, spurred by the ongoing FTX unraveling, had sent its price to two-year lows.
Earlier on November 8, the FTX's native token $FTT fell 30% in 3 hours.
FTX is in talks with rival exchange Binance over a potential acquisition that now appears to have been scrapped.
In an incredible series of developments around FTX this week, Binance first expressed its intention to purchase the rival company but ditched the deal on Wednesday.