The Flying Tulip (FT) token became transferable and began trading today, Feb. 23, marking the token generation event (TGE) for the latest DeFi project linked to Andre Cronje, a systems architect best known for building early DeFi protocols Yearn Finance and Fantom.
Data from CoinGecko shows that despite an initial dip to around $0.08, FT has spent its first hours trading sideways around the $0.10 mark, implying a fully diluted valuation of around $1 billion.
FT Public Sale, Explained
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