↝ Climb or Fall: Unpredictable Market Trends and Future Predictions of FTM Coin

Fantom (FTM), a high-performance blockchain debuted its hybrid blockchain which crossed a debut of $2.5m. FTM prices surged by 40% in a month with experts predicting similar progress through the years 2024 to 2030. Massive interests in the Fantom ecosystem saw an increase of 17% in FTM. Significant events contributing to the price surge include the allocation of $120M in FTM tokens for sonic migration, and the launching of an official ecosystem stablecoin, USDC.e. Fantom foundation was reportedly ordered by a Singapore court to pay $2.19 million.

However, the market experienced pullbacks with double-digit losses in FTM revenue despite a spike in active monthly users. FTM price also hit a yearly low amid the market decline, raising questions on its short to medium-term prospects. Some crypto analysts believe in the strong potential of Fantom with Coin Bureau’s Guy Turner predicting a near 2x skyrocket in the short to medium term. Despite these views, there was also speculation on the altcoin experiencing a 31% fall. In terms of upgrades, Fantom Blockchain soared with a Sonic upgrade and a surge in Total Value Locked (TVL).

FTM Coin News Analytics from Tue, 16 Jan 2024 08:00:00 GMT to Wed, 18 Sep 2024 19:05:33 GMT - Rating 0 - Innovation 6 - Information 8 - Rumor -4