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The FTX founder Sam Bankman-Fried continues to shift blame for the downfall of FTX (FTT), which brings more bad publicity to the project. As a result, investors continue to look for alternative FTX (FTT) investments with Orbeon Protocol (ORBN) very attractive to investors with its 2713% price increase from initial price and Ethereum (ETH) looking like strong alternatives.
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Following the recent banking crisis, the value of Ethereum (ETH) has surged in the last 30 days. One Ethereum (ETH) is currently worth $1,730.43, up from $1,400 at the start of the month. This increase in price has sparked a surge in trading volume, with daily trading volume reaching over 10 billion several times over the past 2 weeks.
This news is excellent for Ethereum (ETH) Holders who are eagerly waiting for the Ethereum (ETH) Shanghai upgrade later in the year. This upgrade has the potential to take Ethereum (ETH) to new levels, enhancing the staking process and allowing stakers to withdraw their funds and rewards at any moment without penalties. As investors remain bullish, we could easily see Ethereum (ETH) hit new highs later in the year should the recent bear market come to an end.
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Despite having a new management team in charge, FTX Token (FTT) continues to struggle as the FTX Token (FTT) case proceeds, and its former CEO, Sam Bankman-Fried, attempts to deflect blame. While the new team experienced some initial success, the value of FTX Token (FTT) has declined by 12.25% in the past 30 days.
Meanwhile, new reports claim that the FTX exchange currently has $11.6 billion in
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