Fantom (FTM) has consistently been part of market discussions, known for robust long-term development and potential bursts. Recently, the asset unveiled a rebranding into
Sonic, gravity a grand leap into market traction. The rebranding aims to increase market value, acting as a catalyst for a potential price increase. Simultaneously, the announcement of the Sonic testnet going live and the 2025 price predictions stimulated more interest among investors.
Furthermore,
Fantom's strategic alignment with dev funds to create safer memecoins is another innovative move, further strengthening its market position. Despite the temporary drop in trading volume overtaken by Binance Coin (BNB) and Cutoshi (CUTO), the overall outlook for
Fantom remains positive. Its derivatives indicate its potential to rise by as much as 180% if it clears resistance.
Fantom's multi-chain fund recovery effort following a $200M exploit demonstrates abiding commitment to security. It has also announced the creation of the Sonic Foundation and Labs set for the New Sonic Chain, pointing to major infrastructural upgrades.
Fantom, amidst these initiatives, has experienced varying price volatility, presenting potential opportunities for investors.
Fantom News Analytics from Tue, 05 Mar 2024 08:00:00 GMT to Wed, 06 Nov 2024 15:20:00 GMT -
Rating 8
- Innovation 5
- Information 7
- Rumor 2
![⇑ Revamped Fantom [FTM]: Bullish Growth, Potential Breakout, and Sonic Upgrades](https://coinmediacap.com/media/ai/fantom/43382_300.png "⇑ Revamped Fantom [FTM]: Bullish Growth, Potential Breakout, and Sonic Upgrades")
