FTX Token jumps 33% amid altcoin rotation and speculative trading surge

FTX Token (FTT) surged 33.43% in 24 hours, driven by a broad altcoin market rebound and a surge in speculative trading volume, which increased over 2,000%. Despite no specific fundamental catalyst, the token broke out of a multi-month downtrend, reclaiming key resistance levels near $0.30 and eyeing $0.3464 next. However, the rapid price rise pushed technical indicators into overbought territory, suggesting a possible short-term pullback. The rally's sustainability depends on whether speculative demand can absorb increasing token inflows to exchanges, which could add selling pressure.

FTX Token (FTT) shows a more moderate gain on Pluang, up 1.49% to Rp27.527 as of Sep 21, 2026 18:19 WIB. Trading volume remains strong at Rp3,31 trillion, with a market cap of Rp20,6 trillion and typical holding time of 157 days.