FTX Exchange has just completed a Series B round of funding with Big Name investors investing US$900m at a company valuation of $18B (yes, a B!). The FTX Exchange token, FTT, is currently valued at $2.7B. The token and the company valuation are not the same thing however this does beg the question; is FTT currently undervalued considering the rate of market dominance it is taking at an extraordinary rate even during a bitcoin down trend?
#bitcoin #cryptonews #ftx
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⏰ Timestamps ⏰
00:00 Hopium-Free Altcoin Gem
00:30 FTX Exchange Crypto Market Cap
02:34 FTX Exchange Crypto News / FA
06:17 FTT Price Analysis
11:11 (Hopium!) Will FTT overtake Binance (BNB)?
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