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The King of Crypto Had No Clothes – Ep 856

The Peter Schiff Show Podcast

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FTT Tokens - The Native Token of FTX

FTX tokens were supposed to be valuable as the FTX network grew. Instead, they were being burned out of circulation and borrowed against fake money. The value of these tokens is zero; there's no reason people are still paying for them. At this point, it's a meme coin because getting a discount on FTX trading is mean and meaningless.

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