[OC] Binance - FTX saga in 4 mini chartsSubmitted by giteam t3_ysazj9 in dataisbeautiful
Utoko t1_ivyfki6 wrote
Reply to comment by monkeybawz in [OC] Binance - FTX saga in 4 mini charts by giteam
They are talking about the company valuation FTX, which went to 0$. If a company has way more debt than assets 0$ is also not a good deal. The company needs $8 billion as liquidity to start up again.
The company token is FTT which went from 78$ at the peak to now 3$.
monkeybawz t1_ivyfy61 wrote
If it went from $78 to $3, I can only imagine that when I swings back up it will hit $20-30k
Viewing a single comment thread. View all comments