Cryptocurrency Price Prediction

FTX Token (FTT) Price Prediction 2022, 2023, 2024, 2025: Is FTX Token A Good Investment?

Written by: Elena R

Written by right arrow

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

  • author twitter

Sep 13, 2022

news-image

The previous year turned out to be the wealthiest season for altcoins. As most of them had outperformed the most dominant asset bitcoin org . One such asset that amazed the crypto space with massive price spikes in Q1 was the FTX token. Wherefore, certain marketers are still keen on the FTT price predictions.

The FTX is built on the ERC-20 token and being a crypto derivatives exchange. It aims to provide institutional-grade solutions by offering futures, leveraged tokens, and Over The Counter (OTC) trading.

XRP

$0.48

green-dropdown 9.747%

Quant

$141.90

green-dropdown 6.612%

Maker

$762.00

green-dropdown 6.128%

Bitcoin Cash

$123.10

green-dropdown 6.029%

Stellar

$0.11

green-dropdown 5.283%

Algorand

$0.36

green-dropdown 4.738%

Filecoin

$5.74

red-dropdown 0.175 %

OriginToken

$0.15

red-dropdown 0.205 %

Enjin Coin

$0.46

red-dropdown 0.263 %

Monero

$149.20

red-dropdown 0.404 %

Kusama

$42.82

red-dropdown 0.422 %

Bancor

$0.44

red-dropdown 0.456 %

Chiliz

$0.24

red-dropdown 0.509 %

Siacoin

$0.00

red-dropdown 0.576 %

Harmony

$0.02

red-dropdown 0.61 %

But what can we expect from the FTX token, will the FTT price surge or plunge in the upcoming years? Look no further, as we decode the plausible price targets for 2022 and beyond!

Overview

Cryptocurrency.FTX Token.
Token.FTT.
Price.$28.80.
Market Cap.$3,858,275,419
Trading Volume.$150,687,320
Circulating Supply.133,975,252.66 FTT
All-time high.$85.02 on September 9th, 2021.
All-time low.$0.8313 on September 7th, 2019.

*The statistics are from press time.

FTX Token (FTT) Price Prediction

YearPotential LowAverage PricePotential High
2022$32.53$37.93$42.97
2023$39.67$53.30$73.33
2024$62.07$85.20$116.24
2025$97.73$134.39$187.71

FTT Crypto Price Prediction For 2022

FTX price had made its way to the year 2022 in a downtrend, with a price tag of $38.53. The price further slumped to $35.10, by the 9th of January. However, an uptrend pushed the price to $46.62, by the 20th of January. The uptrend was short-lived as turbulence in the business dragged the price to $31.66, by the 22nd of January.

While a spike in volumes pushed the price to $48.83 by the 10th of February. Torments in the business resulting from anxiety over FED’s tapering, and geopolitical tension between Russia and Ukraine led to FTT’s price finding support at $40.74. A leg-up starting from the 16th of March, paved the way for the quarterly closure at $52.02.

The second quarter was treacherous for the FTT token. The altcoin slipped down from its quarterly high of $51.48 to the quarter’s closure at $24.88. That sums up to an astonishing 50% loss of gains. 

FTX Crypto Price Prediction For Q3

Developmental initiatives and technological advancements such as increased scalability, adaptability, and transaction speeds, could further drive in collaborations and adoptions. As a result of which, the price of FTT could surge to its potential high of $34.90

Conversely, negative criticism and liquidations can draw the price down to $27.11. Successively, a linear price momentum could land the price at $30.51.  

FTT Token Price Prediction For Q4

The fourth quarter could turn imperative for FTT’s price propulsion, provided the firm employs community building initiatives. Which would further stimulate the growing optimism of the fourth quarter. Wherefore, the price of the digital coin could rise to its maximum of $42.97, by the end of 2022.

On the contrary, a market dump could result in the price finding support at $32.53. Considering the bullish and bearish targets, the average price could settle at $37.93

FTX Crypto Price Forecast For 2023 

The year would remain challenging as inflation fears might impact the market for the next two years. If it comes up with suitable upgrades inclined with a trend, FTT price remains invulnerable to bears. The asset would hit a maximum of $73.33

However, if bears haunt the rally the altcoin would settle down around $39.67. Successively, a balance in trade activities could conclude the year at $53.30

FTT Coin Price Forecast For 2024

If the crew behind the FTX token employs developmental and community-building initiatives. The altcoin could claim higher peaks in the midst of Bitcoin’s halving event, which is also anticipated to happen in 2024. In such a case, the FTT price could propel to its potential high of $116.24

On the downside, ebbing prominence and stiffer competition could clutch the price to $62.07. That being said, the absence of propelling initiatives might curb the price at regular levels of $85.20

FTX Token (FTT) Price Prediction For 2025

Whilst predicting the price for the long term, it is implicit to analyze its historical footprints. And how it behaves when bears take control of the market. FTX Token has responded well enough to market fluctuations in the past. Collectively, this secure and fast network has the potential to reach $187.71 by the end of 2025. 

If the coin fails to introduce new upgrades and regulatory constraints across different territories. This may result in a pullback of the price rally to $97.73. Considering all aspects, the altcoin could trade at an average price of $134.39.

Market Analysis

Priceprediction.net:

According to the technical analysis of priceprediction.net, the FTT token may escalate to a maximum price of $37.05, by year-end. The firm anticipates the average price to settle at $35.49. And a trend reversal to take the price to $33.96. The analysts expect the price of FTT to close 2023 and 2025, at maximum levels of $61.04, and $128.32

Digital Coin Price:

As per the prediction of Digital Coin Price. FTT might see a steady rise and may hit a maximum of $40.47 by the year-end. The website has given a feasible target for the long term. The forecast pins the maximum closing target for 2023 at $69.45, and $127.28 for 2025.

Trading Beasts:

As per FTX price prediction by Trading Beasts, the altcoin might hit a maximum of $34.604 by year-end. Whilst a reversal in trends could knock the price down to $23.530. A balance in buying and selling pressures could land the price at $27.683. The analysts from the firm have pinned the maximum annual closing target for 2024 at $28.816.

Click here to read our price prediction of Harmony’s (ONE)! 

What Is FTX Token?

FTX is a crypto derivatives trading ecosystem that owns a native token termed FTT. The token can be utilized as collateral for futures trading, earning commissions on trading fees, getting Over-The-Counter rebates, and more.

The platform solves the existing problems associated with futures trading. On other exchanges present in the market, the collateral is divided across separate token wallets. However, FTX derivatives are stablecoin-settled and need only a universal margin wallet to limit future positions from getting liquidated. 

Another exciting feature of the platform is leveraged tokens that enable investors to fill leveraged positions without any margin trading. For example. if the user wants to short ethereum with 5x leverage. They can simply purchase a 5x short Ethereum leveraged token on FTX.

Company Details

ftx exchange

  • Centralised Exchange

FTX Trading is a digital currency exchange platform that allows the customers to trade cryptocurrency for other assets such as standard fiat money or other digital currencies. The platform allows selling and buying a variety of digital assets like Bitcoin, Ethereum, Solano, and Dogecoin with low trading fees. The easiest way to start a crypto business. The company was founded by Sam Bankman Fried and Gary wang in the year 2019 and is headquartered in Nassau, New Providence, and The Bahamas.  FTX manages FTX.US, a branch that specialized in exchanges that are available to US Citizens. FTX offers industry-unique products, first-generation products, leverage tokens, and volatility products. The company has endeavored to build a strong platform for professional trading platforms and to develop a normal platform for first-time customers.     Providing market-leading liquidity from the top market manufacturers in the industry to the most forthcoming distribution. The company's mission is to develop a digital currency ecosystem, provide a platform for US traders to inspire their loyalty, and become a market that will lead to the conversion of US cryptocurrencies over the next couple of years. The platform reportedly created a gaming component that will help video game developers incorporate cryptocurrency, NFTs, and other blockchain-related features into video games.  The company offers BTC, LTC, ETH, BCH, PAXG, AND USDT and has created a feature base more than any other major US company. The company has partnered with leading cryptocurrency companies that include Paradigm, Sequoia, Fenwick West, Proof of Capital, True USD, Paxos, and Circle. 

Fundamental Analysis

FTX token was launched by sam bankman fried and Gary Wang on May 8th, 2019. The founder completed his bachelor’s degree from the Massachusetts Institute of Technology. And gained experience at the Centre for Effective Altruism as director of development. Sam Bankman Fried is also the present CEO of the FTX network.

Gary Wang completed his graduation from the Massachusetts Institute of Technology in computer science and mathematics. The co-founder previously gained experience as a software engineer at google . He currently works as chief technology officer at crypto derivatives exchange platform FTX. 

alameda research Research owns the FTX network, which is one of the reputed institutes in cryptocurrency trading and enables large liquidity pools. The FTX platform is built by a dedicated team, who are experts in the relevant field.

Our FTX Token Price Prediction

The FTX token seems to be unstoppable with its series of initiatives. This platform is the best-suited investment in the current uncertain market scenario. According to Coinpedia’s formulated FTT price prediction. The altcoin could continue buzzing its milestones with constant upgrades and may smash $42 by the end of 2022.

On the contrary, market fluctuations and uncertain economic crisis across the world. Even failure of upgrades can be a possible setback for the altcoin. And thereby the FTT price may drop to the strong support zone around $32 by the year-end. Considering all viewpoints, the average price of the token would be around $38 by the end of this year.

Historic Market Sentiments

2019 and 2020:

  • FTX Token made its debut in June 2019 with an initial coin offering of $1.76
  • After smashing a peak price of $2, the price surged to $4.2 in mid-2020. 
  • As the platform was not so active during the initial two years of its launch, the price failed to reach new highs. 
  • The coin lingered at $5 for at least 4 months till the month of December of 2020.

2021:

  • FTX token initiated the year 2021 with a trading price of $5.82
  • On a bullish note, the altcoin rose steadily and smashed $61.25 by mid-May. 
  • However, on May 19, the price faced a significant pullback dipping to $24.55
  • The token’s price had a massive gain thereafter reaching a new ATH of $85.02 on September 9th, 2021. 
  • Following volatile months and steep falls, the year was terminated at $38.

To read our price prediction of Tezos (XTZ) click here!

FAQs


Is FTX Token a good investment?

Yes, if you are planning for the long term, FTT looks promising. As the platform is coming up with new events and also planning to tie up with high-level tech firms.


Is FTX Token worth buying in 2022?

Yes, FTX Token also has the potential to be a profitable short-term investment.

Will FTX Token price hit $50 In 2022?

The price of the digital asset is expected to hit a maximum of $41.71, by the end of 2022.

How high will the FTT price rise by the end of 2025?

According to our FTX price prediction 2025, the altcoin could soar as high as $167.01, by the end of 2025. 

Where can I trade the FTX Token?

FTX Token can be traded on several exchanges including Binance, OKEx, and Huobi, amongst others.

Show More

Was this writing helpful?

dislikeimage No myImage Yes

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Related Articles

Back to top button