FTX Token surges 14% ahead of $5B creditor distribution

FTX Token (FTT) has jumped nearly 14% in the past 24 hours, surging as the market reacts to the latest FTX news. On May 15, FTX announced its $5 billion creditor distribution will begin on May 30, 2025. Market reaction aligned with top altcoins’ quest to bounce despite notable risk-off sentiment source: https://coinjournal.net/news/ftx-token-surges-14-ahead-of-5b-creditor-distribution/