text: FTX Token price prediction is bearish as FTT has plunged over 80% from $22 to $4. On Tuesday, Sam Bankman-Fried shocked the cryptocurrency community by announcing that Binance would acquire his exchange, FTX. With the drop in FTX Token, the market is experiencing risk-off sentiment, which is driving the overall crypto market downtrend. Here's an alternative coin to consider investing in.