FTT Explodes to a 4-Month High Following a Mysterious Tweet From SBF

TL;DR:

• The asset’s price spiked by double digits after the former chief executive officer of FTX supposedly tweeted a simple “good morning.”
• The exchange suffered a shocking collapse three years ago, but compensation to affected clients remains in progress.

What Fueled the Pump?

FTT – the native token of the now-defunct crypto exchange FTX – jumped by 25% on a 24-hour scale, with its price briefly soaring to a four-month high of $1.20. In the following hours, it retraced to the current $1.02.