↑ Fantom Foundation: Innovating the Cryptocurrency Space with Sonic Labs & FTM Tokens

The cryptocurrency market has been bursting with activity, particularly related to Fantom, its developments, market performance, and future prospects. Traders are flipping bullish on Fantom, predicting a significant surge, with one expert suggesting that the altcoin could surge by as much as 75%. Litecoin, Fantom, Klaytn, and others are named as cryptocurrencies to keep an eye on this week. Notably, Sonic Labs has announced a bounty program for developers.

Several indicators are pointing towards a potential price movement for Fantom, which has risen 18% over seven days owing to the ongoing developments on the Fantom network. Sonic Labs has partnered with Alchemy to boost the performance of their Opera Network, and the Fantom Foundation has allocated $120M in FTM tokens for Sonic migration. Experts predict that Fantom could be primed for a breakout and have suggested a potential surge of up to 522%. As per the latest price prediction, Fantom may leave servers with exponential gains.

Multiple reports highlight Fantom's collaboration with Sonic on a new blockchain platform, a move that has seen Fantom DeFi jump 20%. By launching Sonic Foundation and the Sonic Chain, Fantom is betting on safer memecoins with a launch fund of $6.5M. Furthermore, the company unveiled its Sonic network, following which the FTM price surged. Cryptocurrency enthusiasts are breathlessly awaiting the Fantom mainnet launch, as large investors show interest in supporting the launch. The Fantom Foundation has also shown commitment towards Sonic Labs' accelerator program by allocating a significant amount of FTM tokens. Lastly, making the space safer for memecoins is a significant area of focus for Fantom Foundation's founder.

Fantom News Analytics from Tue, 16 Jan 2024 08:00:00 GMT to Wed, 21 Aug 2024 00:00:51 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor -1