Twitter Ablaze With Memes After FTX Token Tumbles Below $22

The cryptocurrency market took a hit on Tuesday after Binance CEO Changpeng Zhao announced it would liquidate its entire FTX FTT/USD holding. This news sent shockwaves through the industry, causing a sell-off that sent the price of crypto exchange’s FTX native token below $22.

What Happened: As the market reacted to the news, Twitter quickly became the hotspot for crypto traders.

While while the mood was certainly somber, there was also a healthy dose of humor to be found in the form of memes:

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