SBF’s ‘Sam Coins’ are alive and well, and they are frontrunning the rally 

A week after a jury found him guilty on all seven counts of fraud and conspiracy, Sam Bankman-Fried’s former tokens of choice have emerged as frontrunners in the altcoin rally. 

Risk-on is back in crypto markets, a trend analysts attribute (potentially prematurely) to bitcoin, and now ethereum, ETF optimism and estimates that the Federal Reserve’s rate-hiking cycle has reached a peak. With bitcoin and ethereum logged impressive gains over the last week — 7% and 15.5%, respectively — smaller crypto moves have dwarfed these rallies. 

Perhaps the most ‘Sam coin’ of all, FTX’s native token (FTT) leads the pack, posting a staggering gain of 200% over the week and 75% over…

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