FTX Token Plummets 16% After Profit-Taking Amid Repayment Plan Uncertainty:

FTX Token (FTT) dropped by 16% in just 12 hours after an initial surge of 92%. Investors rushed to sell, reacting to skepticism surrounding FTX’s asset compensation plan. As FTT holders locked in profits, the token saw extreme volatility, with analysts closely monitoring key support levels. Investors remain cautious as the token's future hangs on the unfolding court decision.

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