
Experts Warn! Stay Away from Hedera and FTX Token! – Snowfall Protocol Emerges as the Experts Pick!
Cryptocurrency investors have been warned to stay away from Hedera (HBAR) and FTX Token (FTT) by experts in the industry.
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FTX is owned by FTX Trading LTD, a company incorporated in Antigua and Barbuda. FTX was incubated by Alameda Research, a cryptocurrency liquidity provider. FTX’s leveraged tokens aim to provide a clean, automated way for users to get leverage. FTT is the FTX ecosystem utility token. Holders of FTT reportedly receive benefits such as:
Cryptocurrency investors have been warned to stay away from Hedera (HBAR) and FTX Token (FTT) by experts in the industry.
In its presale stage, Snowfall Protocol (SNW) has experienced rapid growth due to its innovative compatibility model — more than 140%.
The massive liquidity crisis at the FTX exchange has prompted calls for clear regulations in the US crypto market.
The collapse of FTX tokens has sent tremors across the entire crypto industry. ETH withdrawals on FTX have skyrocketed by more than 90% in the last few days.
As we approach the end of what can only be described as a tumultuous year for the cryptocurrency industry, the major talking point among crypto regulars is the continuation of the ongoing bear market.