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Recently, FTT has been experiencing some tough times.
In early January, the surge was quite fierce, as a major exchange included it in a delisting voting consideration list. The market panicked immediately, and the community started selling off. Within 24 hours, the price dropped over 12%, and now the coin is hovering around $0.79. At the same time, the exchange also filed an application with the court to dismiss the $1.7 billion recovery lawsuit, claiming that the court lacks jurisdiction and that the claim itself is unfounded.
There was a small incident during this period—an ex-executive's X account posted a "gm" (good morning greeting), which did trigger some attention, but without subsequent support, it quickly fell back. From a fundamental perspective, there are no short-term positive factors that can reverse the situation.
Additionally, creditors are expected to receive $1.6 billion in compensation by September, but this amount will have limited impact on improving FTT's current situation. Overall, this coin carries a relatively high risk level, so it's wise to stay cautious.
What can a single gm do? This is the final struggle of the retail investors. Air coins are meant to be like this.
What’s the use of a 1.6 billion payout? The price is gone, so what fundamentals are there to talk about?
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A former executive just says gm to try to pump the price? I don’t believe your nonsense
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0.79 is still struggling, why are there still people taking this position
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Waiting for the 1.6 billion payout in September? Bro, you might not live to see that day
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As soon as the coin voting started, the community just ran away, this is trustworthiness
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Court lawsuits are still ongoing, FTT is just a ticking time bomb
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12% drop in 12 hours, I ask who still dares to buy the dip
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If the fundamentals are not positive, then there’s no hope. This time is really tough
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A former executive’s single tweet can pump the price? Don’t be silly, I’ve seen too many tricks
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Curiosity has been paid for, how many people will still follow this project
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A former executive can even manipulate a GM, indicating how fragile the market is
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Waiting for September's compensation? I think it's more likely to wait until it drops to 9 cents
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Now the coin voting is a death sentence, is the community still selling? I already ran away
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It's really just the trapped heroes left, keep going everyone
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The 1.7 billion lawsuit was dismissed, this move is truly incredible
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FTT is a textbook example of a negative case, is there still anyone buying?
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$0.79... Does this coin have any future? It feels like it's just waiting to go to zero.
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16 billion in compensation, so what? It can't save FTT's life at all. This is a trap.
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As soon as the coin voting came out, panic selling started, indicating that the market has long lost confidence in it.
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Even with lawsuits dismissed, it's still struggling here. The fundamentals are hopeless, I wouldn't dare to touch it.
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Can a simple "gm" pump the price? How desperate is that?
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Still dare to touch 0.79? I'm really scared now.
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Waiting for that payout in September? Bro, wake up, it's beyond saving.
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The moment the coin delisting list is released, it crashes immediately. The market has already been sentenced to death.
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Just a greeting from a former executive and someone responds? This coin is truly beyond saving.
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A gm just to turn things around? Dream on
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0.79 is still falling, who dares to take this position
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Waiting for September's payout? Cucumber and vegetables are already cold
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The exchange itself wants to delist the coin, isn't this signal obvious enough?
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Community sell-offs are the most genuine response
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The court case is still pending, can this coin be stable?
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The risk is ridiculously high, I really don't know who is still buying
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That wave of actions by former executives was purely for self-rescue, useless
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A 12% drop in 12 hours shows that institutions are also fleeing