What Drove FTN’s Sudden Spike

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Bahamut Blockchain Stats. Source: FTN Scan

The dramatic rebound of Fasttoken (FTN) comes after months of downward pressure, with the token hitting all-time lows earlier in December. Relief from MEXC’s risk monitoring and renewed discussions about Fastex’s Layer-1 Bahamut blockchain, Fastex Pay, gaming, and NFT integrations encouraged buyers to re-enter the market.

With liquidity concentrated on a few exchanges, even modest buying momentum triggered an outsized price move. While no official updates were made, the combination of oversold conditions, speculative trading, and market psychology fueled the rally. However, experts warn that such rebounds after steep declines can be unpredictable, and long-term sustainability remains uncertain.