FTX Token Soars 110% Amid Repayment Rumors, Pepe Hits $16M Presale[embed]https://www.youtube.com/watch?v=4gG_EOdSO98[/embed]

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    <p>The cryptocurrency market has experienced a remarkable few days, with two tokens taking center stage for vastly different reasons.</p>
    <p>FTX Token (FTT) surged by more than 110% fueled by rumors regarding a potential $16 billion payout to FTX creditors.</p>
    <p>Simultaneously, Pepe Unchained (PEPU) has grabbed the attention of the community, surpassing the $16 million milestone in its presale over the weekend.</p>
    <h2>FTX Token Stages Unexpected Resurgence</h2>
    <p>FTX Token has orchestrated a sensational return.</p>
    <p>On Sunday, FTT's price <a href="https://coinmarketcap.com/currencies/ftx-token/" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">jumped by 113%</a> within hours, achieving an intra-day high of $2.94.</p>
    <p><img class="alignnone size-full wp-image-363428" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA2MjQgMzMyIiB3aWR0aD0iNjI0IiBoZWlnaHQ9IjMzMiIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYwOSUyRlBpY3R1cmUxLTMyLnBuZyIgZGF0YS13PSI2MjQiIGRhdGEtaD0iMzMyIiBkYXRhLWJpcD0iIj48L3N2Zz4=" data-spai="1" alt="" width="624" height="332"/></p>
    <p>This represented the token's highest valuation since March 6th.</p>
    <p>The sharp increase in FTT's price was attributed to speculation that FTX, the now-defunct exchange, was poised to reimburse creditors a staggering $16 billion.</p>
    <p>As these rumors circulated, traders rushed in, causing FTT deposits on exchanges to reach a 10-month peak.</p>
    <p>However, there was a catch: the rumors remained unverified.</p>
    <p>Despite the lack of official confirmation, just the suggestion of a repayment was enough to maintain FTT's price rally.</p>
    <p><img class="alignnone size-full wp-image-363430" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA2MjQgMjc1IiB3aWR0aD0iNjI0IiBoZWlnaHQ9IjI3NSIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYwOSUyRlBpY3R1cmUyLTMzLnBuZyIgZGF0YS13PSI2MjQiIGRhdGEtaD0iMjc1IiBkYXRhLWJpcD0iIj48L3N2Zz4=" data-spai="1" alt="" width="624" height="275"/></p>
    <p>The buying frenzy was likely driven by fear of missing out (FOMO), with traders anticipating further price increases.</p>
    <p>Nonetheless, no reimbursement plan has even been sanctioned by a court yet.</p>
    <p>The upcoming court session for repayments is scheduled for October 7th.</p>
    <p>Thus, FTT's recent surge serves as a reminder of how swiftly hype and speculation can influence a token's value.</p>
    <h2>Cryptocurrency Volatility Increases as 2024 Approaches</h2>
    <p>FTT's surge occurs during a volatile phase for the overall cryptocurrency market.</p>
    <p>In recent days, we've witnessed a range of fluctuations.</p>
    <p>Bitcoin briefly surpassed $66,000 late last week but has since retreated over the weekend.</p>
    <p>Ethereum and Binance Coin have also experienced slight declines, while Solana managed to maintain an 8% gain over the past week.</p>
    <p>Despite these fluctuations, interest in cryptocurrency remains robust.</p>
    <p>Spot trading volumes <a href="https://coinmarketcap.com/" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">increased by 28%</a> in the past 24 hours, with the Crypto Fear &amp; Greed Index remaining at 61.</p>
    <p><img class="alignnone size-full wp-image-363434" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA2MjQgMzA3IiB3aWR0aD0iNjI0IiBoZWlnaHQ9IjMwNyIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYwOSUyRlBpY3R1cmUzLTMyLnBuZyIgZGF0YS13PSI2MjQiIGRhdGEtaD0iMzA3IiBkYXRhLWJpcD0iIj48L3N2Zz4=" data-spai="1" alt="" width="624" height="307"/></p>
    <p>This firmly positions it within the "Greed" zone.</p>
    <p>Additionally, there has been a slew of positive news lately.</p>
    <p>Spot Bitcoin ETFs recorded <a href="https://farside.co.uk/btc/" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer"> $494 million in inflows</a> over the past few weeks, while MicroStrategy has added over 25,000 BTC to its portfolio.</p>
    <p>The U.S. equity markets and gold have reached record highs.</p>
    <p>With the potential for two more interest rate cuts before the end of 2024, investors are eagerly anticipating the market's reaction.</p>
    <h2>New Presale Token Pepe Unchained Surpasses $16M as Layer-2 Initiatives Gain Popularity</h2>
    <p>Amid the FTT controversy, another token is quietly gaining traction.</p>
    <p><a href="https://cryptopotato.care/b_pepeunchained-en_97830?referrer=ftx-token-surges-110-on-repayment-rumors-while-pepe-unchained-presale-passes-16m" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">Pepe Unchained</a>, a new meme project that merges Pepe the Frog with Layer-2 technology, is starting to go viral.</p>
    <p>During the weekend, the presale for the project exceeded the $16 million milestone.</p>
    <p><img class="alignnone size-full wp-image-363435" src="data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA2MjQgNTMxIiB3aWR0aD0iNjI0IiBoZWlnaHQ9IjUzMSIgZGF0YS11PSJodHRwcyUzQSUyRiUyRmNyeXB0b3BvdGF0by5jb20lMkZ3cC1jb250ZW50JTJGdXBsb2FkcyUyRjIwMjQlMkYwOSUyRlBpY3R1cmU0LTE5LnBuZyIgZGF0YS13PSI2MjQiIGRhdGEtaD0iNTMxIiBkYXRhLWJpcD0iIj48L3N2Zz4=" data-spai="1" alt="" width="624" height="531"/></p>
    <p>The blend of meme culture and tangible utility offered by Pepe Unchained has garnered interest from investors who see this as a unique prospect.</p>
    <p>The centerpiece of the project is a brand-new Layer-2 network for Ethereum.</p>
    <p>However, unlike Base and Arbitrum, this network is dedicated solely to meme coins.</p>
    <p>It promises ultra-fast transactions, minimal fees, and a central "hub" for meme coin enthusiasts and creators.</p>
    <p>Additionally, Pepe Chain will feature <a href="https://pepeunchained.com/en/dashboard" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">a built-in staking application</a>.</p>
    <p></p>
    <p>At the moment, this application boasts estimated APYs of 130% – and over 1.1 billion PEPU have already been staked.</p>
    <p>This framework has facilitated Pepe Unchained's significant online following.</p>
    <p>The project currently has more than 23,600 <a href="https://x.com/pepe_unchained" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">Twitter</a> followers and 8,500 <a href="https://t.me/pepeunchained" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">Telegram</a> subscribers.</p>
    <p><a href="https://coinsniper.net/" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">CoinSniper</a> has also placed PEPU in second position on its list of notable upcoming crypto launches.</p>
    <p>So, with FTX Token's recent surge illustrating how quickly enthusiasm can drive price changes, Pepe Unchained may also be poised for further expansion.</p>
    <p><a href="https://cryptopotato.care/b_pepeunchained-en_97830?referrer=ftx-token-surges-110-on-repayment-rumors-while-pepe-unchained-presale-passes-16m" data-wpel-link="exclude" target="_blank" rel="nofollow noopener noreferrer">Explore the Pepe Unchained Presale</a></p>
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