The FTX token (FTT) saw a huge price surge, jumping nearly 93% in just 24 hours, after a crypto influencer claimed that FTX might repay $16 billion to creditors starting September 30th. This led to a lot of excitement and FOMO among investors. The FTT price hit a 7-month high, with indicators like RSI and MACD showing strong bullish action.

However, there’s no official confirmation from FTX, and if the news turns out to be false, the token could crash back down to around $1 quickly. Show Less