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FTT surges nearly 300%, trading volume spikes! Creditors' group: FTX brand is the key, recommends reuniting marketing team.

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FTT surges nearly 300%, trading volume spikes! Creditors

The bankrupt exchange FTX's token FTT has continued to soar in recent news of a "restart," with some hoping that their holdings of FTT can be exchanged for equivalent equity post-reboot. Over the past 30 days, FTT has surged by nearly 300%, reaching as high as $5.5 on Binance, and was at $4 at the time of writing.

Creditors' Group: FTX Brand is Key, Suggests Rehiring Marketing Team

The creditors' group believes that FTX is a very strong brand, and without this brand, it would not have been possible for a token that had already been left behind to once again reach a market value of $2 billion, which was $1.3 billion at the time of writing. They also suggest rehiring FTX's marketing team.