Market Analysis: FTX Current State

Let's talk about FTX for a moment. I've pulled together some key metrics that paint an interesting picture.

📈 Current Price Action

The price sits at $0.32 right now, with 0.98% movement in the last 24 hours. We're seeing bearish pressure over the past week. The monthly chart shows significant correction from recent highs.

FTX price movement over the last 7 days

💰 Market Metrics

With a market cap of $0.00, it's ranked #null in the crypto market. The 24h volume of $5.22M represents Infinity% of the market cap, which indicates strong trading activity.

Metric	Value
Current Price	$0.32
24h Change	-0.98%
7d Change	-8.67%
30d Change	-22.06%
Market Cap	$0.00
24h Volume	$5.22M
Market Rank	#null

🪙 Supply Dynamics

There are $0.00 coins in circulation out of a maximum supply of $328.90M (0.00% circulating). A significant portion is still locked, which could affect future supply dynamics.

📊 Historical Context

The all-time high was $84.18, and we're currently 99.62% below that level. The all-time low sits at $0.27, which means we're 17.69% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.

🤔 My Take

The trading activity suggests FTX is in a consolidation phase. The fundamental metrics reflect its established position in the market.

Remember, higher volatility means higher risk. Position sizing is crucial.

🎯 Final Thoughts

So that's my analysis of FTX. The data presents an interesting picture, and I think it's worth keeping on your watchlist. What's your take on this project?

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This is not financial advice. Always do your own research before making investment decisions.