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$FTT $LUNA đšUPDATEâŒïž
âŒïžRecently, the bankrupt cryptocurrency sector has shown a notable collective recovery, with prominent tokens like FTT, CEL, LUNA, and OX posting significant gains. The main catalysts are largely positive developments, including restructuring updates and token burn programs in the affected projects. Key highlights:
1. FTT đž As the native token of FTX, FTTâs price closely mirrors developments in FTXâs restructuring. News of the 2025 compensation plan and creditor approvals has fueled market optimism. For instance, rumors of full compensation for crypto clients once pushed FTT above $6, its highest level since bankruptcy. In November, FTT surged nearly 300% month-on-month. Following the SEC chairmanâs remark supporting a compliant restart of FTX, FTT jumped 83.86% in 24 hours, bringing the 30-day gain to 169.6%.
2. CEL đž Once the token of the collapsed lending platform Celsius, CEL saw a sharp recovery after a 94% token burn in 2024, drastically reducing its circulation. The 2025 U.S. bankruptcy court approval of Celsiusâs plan to pivot to Bitcoin mining further boosted its price, with CEL climbing 92.1% over the past month and a cumulative 291% surge in a short timeframe.
3. LUNA đž The Terra ecosystem token, which previously faced a crisis, has started to rebound along with the broader bankrupt crypto sector. In November, the SEC requested a summary judgment against Terraâs founder, while the Terra community proposed halting stablecoin issuance, both reinforcing market confidence. LUNA gained 13.7% in 24 hours and 56.6% over 30 days.
4. OX đž Linked to the defunct Three Arrows Capital and OPNX platform, OX had been steadily declining. However, in 2025, it staged a notable rebound, rising 40.6% in 7 days and 77.8% over the past month, marking it as another standout in the bankrupt cryptocurrency recovery trend.
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