⇑ Fantom (FTM) Set for a Bullish Run Amid a Host of Strategic Moves and Technological Upgrades

Reports indicate that Fantom (FTM) is likely to experience an increment in price, predominantly driven by a significant decrease in its exchange supply. Despite the observed decrease in the revenue, the number of active FTM users has spiked. FTM infrastructure and AI capabilities have received a boost from the partnership with Google Cloud, setting up for a potential future bullish run. The Fantom Foundation's Sonic upgrade has sparked a price rally, with Sonic aimed at enabling a shared sequencer. The Fantom Foundation has announced the creation of the Sonic Foundation and new Sonic labs to support the implementation of this upgrade. FTM price saw an increase in trading volume, and projections by crypto analysts are bullish, predicting values as high as $1.2. Despite the recent legal wrangling with Multichain over a hack, Fantom succeeded in a $2.19 million judgement against Multichain.

Fantom is making strategic moves to ensure its success, such as the launch of a $6.5M fund for safer memecoins, lowering staking requirements by 90% to increase security, and a planned announcement of memecoins and a stablecoin. However, some cryptoholders allege a potential Fantom 'liquidation' scheme. Technological upgrades include the launch of a bridged version of USDC as the new official ecosystem stablecoin and an inclusion in the Google search function to display crypto wallet balances.

Nearing the launch of the Sonic, Fantom's price continues to surge upwards with a significant increase in the number of accumulating holders. Experts claim that Fantom is on the verge of a bull run similar to Solana. The Fantom Foundation is pushing for further growth by committing over $144,000,000 in FTM to Sonic Labs' Accelerator Program.

Fantom News Analytics from Thu, 14 Sep 2023 21:18:05 GMT to Thu, 18 Jul 2024 14:00:25 GMT - Rating 8 - Innovation 6 - Information 6 - Rumor 4