FTX Token Price Prediction

Last Updated December 10th 2022
15 Min Read

Update – FTX dropped by more than 90% due to a black swan event. 

Are you looking for the latest FTX Token prediction for 2022 and beyond? You’re on the right page. We’ll be sharing the top FTX price forecasts. We’re taking a look at this digital asset to find out what the experts have to say about its future price performance and how much it could be worth in the future. 

One of the most remarkable things about the blockchain industry is the fact that innovations are happening faster than most people expect. The more people enter the cryptocurrency universe, the better the solutions industry experts release. FTX is another good example of a blockchain solution that offers several improvements. 

Based on crypto analsyts offering 12 month price targets for FTX token in the last 3 months. The average price target is $64 with a high prediction of $74 and a low forecast of $64.58. The average price target for FTX token represents a %62 change from the last price. 

FTT Overview

Cryptocurrency FTX Token
Ticker Symbol FTT
Rank 209
Price $1.63
Price Change 24h -10.33%
Price Change 7d 22.37%
Market cap $536,417,762.16
Circulating Supply 328,895,112.304
Trading Volume $78,294,973.36

Users of FTX understand the benefits it offers. You mustn’t have to use the crypto derivatives trading platform before benefiting from it. FTX has a native token that you can buy. But before you do that, you need to consider FTX token (FTT) price predictions for 2022 and the coming years. By studying genuine price predictions, you will understand how well or poorly a coin will perform. This, in turn, will guide you when making investment decisions. 

To ensure that this article is as helpful as possible, we will not jump straight to price forecasts or rush you through some figures. Rather, we will discuss the most important things you need to know before considering FTX token price predictions for investment purposes.

Content 

What Is FTX Token? 

FTX Token is the cryptocurrency that powers the crypto derivatives trading platforms called FTX. It serves as the utility token of the platform, as well as the primary investment vehicle for regular crypto traders and investors. It trades under the ticker symbol "FTT". To appreciate the uniqueness of the FTX token as a digital asset, we need to briefly look at the FTX platform properly. 

FTX is basically a cryptocurrency derivatives exchange that offers futures, leveraged tokens, and over the counter (OTC) trading. The platform was created by some industry insiders who wanted to tackle some of the crippling flaws of existing futures exchanges. By building a unique platform that offers certain high-end features, FTX is trying to take the derivatives market to a higher level. 

Some of the biggest features that makes FTX an outstanding platform include clawback prevention, a centralized collateral pool and universal stablecoin settlement. The platform uses a three-tiered liquidation model to bring socialized losses to the minimum possible level. FTX requires a single universal margin wallet instead of fragmenting collateral across different Token wallets. The leveraged token feature allows traders to put leveraged positions and avoid trading on margin. 

FTX was founded by Sam Bankman-Fried and Gary Wang in 2017. Both men are also the brains behind Almeda Research, which backs FTT. While Bankman-Fried serves as the CEO of Almeda Research, Wang serves as the Chief Technology Officer. It is important to mention here that Almeda is one of the leading companies in cryptocurrency trading and is also recognized as one of the largest liquidity providers. 

Before we move on from this section, it is important to clarify a few things. While FTX is a cryptocurrency derivative exchange, FTT is the token that powers the network. We can also refer to the token as FTX or FTX token. Going forward, we can use the terms FTT, FTX, and FTX token to refer to the cryptocurrency we are discussing its price predictions for 2022 - 2030.  

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FTT Price History 

Before we delve into FTX token price predictions, it is important that we discuss the price history. Knowing how the coin had performed in the past will help you make more sense of our predictions. Again, historic price data are used for technical analysis of cryptocurrencies to derive price forecasts.  

FTT was launched on 8th May 2019. As of 30th July 2019, the coin traded for $1.65 per token. By 30th September, it traded for 41.28 and remained within that region throughout October and November 2019. On 20th December, FTT traded for $2.03 per token. It gained marginally and closed on 31st December 2019 at $2.16 per token. 

FTX (FTT) token started 2020 at the same price range it ended the previous year. On 3rd January 2020, the coin traded for $2.14. It improved slightly and finished the month at $2.41. Throughout February, March and April, the coin recorded slight growth. On 2nd May 2020, it traded for $3.18 but dropped back to the $2 region in the second week. On 30th May, the coin traded for $2.92. The FTX token reached the $3 region in July. On 13th July 2020, it traded at $3.11 per token. On 30th July, it traded for $3.33 per token. 

The FTX token started improving in August 2020. On 2nd August, it traded at $3.50 per token and by 30th August, it traded for $3.97. FTT reached $4.00 on 13th September but by 30th September, it had dropped to $3.67. It remained within the $3 - $3.9 region till 22nd November when it traded for $4.05 per token. On 30th November, FTT traded for $4.29 per token. December was a good month for the coin. On 3rd December 2020, the FTX token traded for $4.52 and by 31st December, it closed the year at $5.76. 

In 2021, FTX token exploded for the first time. On 2nd January 2021, FTT traded for $5.82 per token, but by 30th January, it had already shot up to $11.81 per token. The bullish trend became even better in February. The token traded for $11.86 on 2nd February and by 16th February, it had reached $20.15. By 25th February, FTT reached $30.14 before dropping slightly to close the month at $27.80 per token. 

On 2nd March 2021, FTX token traded for $30.01. It improved throughout the first and second weeks, and on 13TH March, it traded for $37.14. On 30th March, it traded for $38.71. By 2nd April 2021, FTT traded for $40.62 per token. Within two weeks, it improved more to trade at $56.25 on 16th April. On 30th April, it traded for $52.47 per token. 

May 2021 started well for FTT but the coin dropped towards the second week. On 3rd May, the FTX token traded for $54.98 and by 11th May, it had reached $59.18. The coin dropped sharply after encountering resistance at that level. By 22nd May, FTT was down to $35.94 per token. It dropped further to $33.30 on 25th May. It dropped even further and eventually closed the month at around $30.36 per token. 

On 2nd June 2021, FTT traded for $33.77 per token. It fluctuated frequently and by 25th June, it had dropped to $26.28. On 30th June, it traded for $26.93. On 3rd July 2021, FTX token traded at $27.36 and by 17th July, it had reached $25.51, where it established support. By 31st July, the price of the coin had improved to $35.03 per token. 

August 2021 was a good month for FTX token. On 3rd August, the coin traded for $35.68 and by 31st August, it had improved to $46.42. September 2021 was a special month for the coin. On 2nd September, FTT was already up to $64.19 per token. It recorded massive gains to reach its all-time high price of $85.02 per token on 9th September 2021. It dropped sharply after reaching that height and on 30th September, it has dropped significantly to trade for $49.95. 

On 3rd October 2021, FTT traded for $56.18 per token. It remained within that region, fluctuating minimally and eventually closed the month at $59.50. On 3rd November, it traded for $61.24 and started dropping afterwards. On 28th November, it traded for $47.91. On 1st December 2021, FTX token traded for $50.72 per token. It dropped to $38.86 by 15th December. On 29th December, it traded for $40.15 and closed the year within that region. 

On 1st January 2022, FTX token traded for $38.30 per token. Although the crypto market was bearish in general FTX managed to hold out above $30 for much of the initial wave of downturns, its price started to slide significantly in the second quarter, dropping as low as $22.88 in June. In July, FTT had managed to regain some ground and was trading at $28.95.

FTT price chart

FTX Token FTT/USD price chart. Source: Coinmarketcap

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

FTX Token (FTT) Price Predictions 

The FTX Token (FTT) price prediction from Wallet Investor estimated that the price could move to $75.71 in a year. For five years' time it estimated a price of $135.45. DigitalCoin's FTX Token price prediction was similar, projecting that the coin could average $69.23 in 2022 and $124.25 in 2025

By going through the section above, you will observe that the price of FTX token fluctuates regularly, which is the case with all cryptocurrencies, safe stablecoins. You can also observe that the price of the token changes quickly, and a massive gain or loss can be recorded at any time. It is important, therefore, that you get price predictions for such a volatile asset before investing. 

In the sections to follow, we will carefully go through FTX token (FTT) price predictions from the current year, 2022 to 2030. We will discuss forecasts for each year individually so that you get a clear picture of what to expect if you invest in the coin this year. 

FTX Token (FTT) Price Prediction For 2022 

It is obvious from the price history section that FTT has been on a bearish trend for some time. Though the current price is higher than the opening price for the year, the coin has not been able to perform at the level it performed last year, especially in September when it hit its ATH. Our forecast, however, shows that the price of FTT will improve slightly in the coming months. 

As per our FTX token price prediction for 2022, the coin will improve slowly throughout the year, though it may drop slightly at some points. By the middle of the year (June-end), FTT should be worth around $45.01. The coin will likely drop slightly in July and August and then pick up again to close December at around $53.79. 

FTX Token (FTT) Monthly Price Predictions for 2022 

Are you planning to invest in FTX token in 2022? Then you need to understand how the coin is most likely to perform in the remaining months of the year. At least, it will help you time your investment properly and improve your chances of recording a significant profit. 

In May, the coin will likely open at $37.58, reached a high of $42.94 and close at $40.13. In June, FTT will open at $40.13 and close at $45.05 after reaching a high of $48.16. 

In July 2022, our FTX token price prediction shows that the coin should open at $54.01 and close at $37.52. In August, we project that the coin will open at $37.81 and drop to close at $32.64. The bearish run should stop in September as our forecast shows that the coin will open at $32.64 and close at $37.52 per token. 

In October 2022, FTT is expected to open at $37.52, reach a high price of $42.77 and close at $39.97. In November, the coin will most likely open at $39.97 reach $49.62 and close at around $46.37. In December, our forecast shows that FTX token will open at $46.37, reach a high of $57.56 and close at $53.79. 

FTX Token (FTT) Price Prediction For 2023 

FTX is becoming really popular, and by next year, it will win the hearts of more cryptocurrency traders. The price of the FTX token is going to be boosted because of the impending growth in popularity of the crypto derivatives exchange platform. Of course, FTT will also grow in popularity as its network. 

As per FTX token (FTT) price prediction for 2023, CoinPriceForecast predicts that it will still trade for around $50.99 by mid-2023 and then improve to reach $62.46 by the end of 2023. Wallet Investor, however, is more optimistic, pegging its FTX token 1-year forecast at $75.069. Based on our forecasts, it is likely that FTT will reach $70 in 2023. The minimum price for the year should not be less than $54.00 and the average price should be in the region of $60.50 per token. 

FTX Token (FTT) Price Prediction For 2024 

If FTX token should grow as we anticipate in 2024, then 2024 will likely be another good year. FTX is already recognized as a strong platform and we believe the experienced team behind it will make it even more attractive for users. This will also have a noticeable impact on the price of the token, FTT. 

Coming to our actual FTX token (FTT) price prediction for 2024, our data shows that the coin can establish support at $60. The price target for the year is $80 but there is a good chance that FTT can surpass that. Before the end of June 2024, FTT should be trading for not less than $70. The FTX token is also likely to record noticeable growth within the last six months of the year and eventually reach $85 by the end of 2024. 

FTX Token (FTT) Price Prediction For 2025 

In 2025, FTX token will be well-placed to yield returns for investors. Already, the coin has shown that it has what it takes to grow fast. We predict that it will achieve some level of stability on the market, and that will be a strong boost for investors. 

Based on our analysis, FTX token will likely open 2025 at around $82. It is expected to grow significantly within the first six months and reach $86.50 by the end of June. If the market continues to favour the FTT token, its price can increase to $98.90 by the end of 2025. 

FTX Token (FTT) Price Prediction For 2026 

We strongly believe that the FTX token will become a very popular digital asset by 2026. As the platform expands and the price of the token improves, a sizeable number of cryptocurrency traders and investors will start seeing it as a good investment option. If that happens to be the case, the FTT will most likely hit the $100 in 2026. 

According to our FTX token forecast, the price of the FTT coin is expected to reach $105.00 by the end of June 2026. Our forecast also shows that the coin will improve in the last six months of the year and that the price can climb to $120.00 per token by the end of December 2026. 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

FTX Token (FTT) Price Prediction For 2027 

Have you ever wondered what the price of FTX token will be in the next five years? Well, 2027 is five years again, and we believe it is enough time for the FTX token to become one of the top-rated cryptocurrencies. Its price is expected to grow, even as the platform become more useful to traders. 

As per our latest FTX token price predictions for 2027, the minimum price of the FTT coin should not be below $100 and the maximum price may not exceed $198. It is also expected that the coin should reach $150 by the end of June and increase to at least $195 by year-end. 

FTX Token (FTT) Price Prediction For 2028 

Before 2028, we believe that FTX's adoption rate would have improved tremendously. We also believe that the experienced team will negotiate and sign several partnerships that will take the platform to a higher level. Because of all the improvements, we also believe that the price of FTT will be significantly affected in a positive way in 2028. 

Our FTX token price prediction for 2028 is a minimum price of $180 and a maximum price of $290. If market factors are favourable, our forecast shows that FTT can be worth as much as $220 per token within the first six months of 2028. The FTX token is also expected to improve significantly within the last six months and reach $290 by December. 

FTX Token (FTT) Price Prediction For 2029 

There is no reason to believe that FTX will suffer any major setback that will see its price drop in the coming years. If the coin can grow at the rate our analysis shows, then it will be able to touch the $300 early enough in 2029. 

Within the first six months of 2029, our FTX token price prediction is $305. By the end of the year, our projection for the FTT coin is $320 per token. It is also expected that the minimum price of FTX token in 2029 should be $285 and the maximum price should be in the region of $320 - $330. 

FTX Token (FTT) Price Prediction For 2030 

By 2030, a lot must have happened within the cryptocurrency universe. Considering the place of FTX in the crypto universe and how popular its native asset can become, we predict that the value of FTT will be significantly better than what we have now. In fact, there is a good chance that the coin will touch the $400 mark before or in 2030. 

As per our recent FTX token price prediction for 2030, the coin should be able to reach $370 within the first six months of the year. The coin is also expected to perform well in the last six months of the year. It will likely reach $410 by the end of 2030. 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Should You Invest In FTX Token (FTT)? 

Considering what we have covered so far, FTX token looks like a decent investment. It is the native currency of the leading cryptocurrency derivatives trading platform and the primary investment asset linked to the platform. From all indications, FTX is going to grow bigger and adoption will improve with time. Of course, it is almost certain that the price of FTT will improve as the fortunes of FTX improve. 

Judging by its historical price data, it is easy to see that FTX token can grow significantly within a short time. Though the price of the coin fluctuates with time, it has recorded some commendable bullish runs, and there is no concrete reason why you shouldn’t expect more bullish trends in the future. 

Our FTX token (FTT) price predictions and forecasts also show that the token is bound to record improvements in the coming years. Buying the coin this year doesn't sound like a bad idea at all. Considering the level the price of the coin reached last year, we can argue that the current price is cheap.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

FAQs

Is FTX token a profitable investment? 

Yes, FTX token is a profitable investment. It generated huge returns for investors before the bearish market set in late last year. Our predictions also show that the price of FTT will rise, meaning it is still a potentially profitable investment. 

Is FTX token a good investment for the future? 

FTX token looks like a good project for the future. Our prediction shows that it will improve with time. However, the cryptocurrency industry is still at the infant stage and all cryptos are considered risky investments. You shouldn't look at it as the best way to build wealth for the future. 

What will be the price of FTT in the next five years? 

From our forecast, FTT can be worth around $195 in the next five years. The price can be higher or lower, but we offer the most realistic predictions.

What will be the price of FTT in the next ten years? 

According to our analysis, FTX token (FTT) can be worth more than $500 in the next ten years. If it gets to $410 in 2030 as we predict, then there is no reason why it shouldn’t get to $500 in 2032.  

Will FTT rise or drop in the future?

From our analysis and forecast, the price of FTT will most likely rise instead of dropping. The coin is poised for meaningful growth in the future. 

Will FTT reach $100? 

Yes, FTT will reach $100 and that can happen pretty soon. Considering that the FTX token had reached $85 in the past, the $100 mark is quite close. According to our predictions, FTT will reach $100 in 2026, but it can happen faster.

Will FTT reach $1000? 

Yes, it is possible for the FTX token to reach $1000. It is a cryptocurrency and cryptocurrencies generally have the tendency to grow at a very fast pace.

Can FTX token (FTT) crash? 

Based on our analysis and forecast, FTT can never crash. It is the native token of a very strong platform and we expect both platform and coin to perform really well in the future. 

Is FTX token a risky investment? 

Yes, FTX token is a risky investment. All cryptocurrencies are considered risky because of their volatile nature, and FTT is not exempted. In fact, it has shown signs of extreme volatility in the past. However, based on our predictions, it is a potential investment, though the element of risk is always there. 

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