Fantom (FTM) coin continues to assert its position as a key player in the crypto market driven by its continuous strides in technological advancements. With highly potential altcoins under $5 gaining pace, FTM is also seen as an altcoin that can probably be DOGE of this cycle. FTM price went up by 70% within 30 days, and the recent launch of its
Sonic Testnet has also given its price a solid footprint. Despite recent profit booking, the growth story seems intact. A 40% price rally is not off the charts.However, newly emerging DeFi Titans and competitors like Elrond (EGLD), Toncoin (TON), and Binance Coin (BNB) are gaining momentum, possibly adding short-term headwinds to FTM’s growth. FTM bulls, however, look poised to contribute to an upward trend.With the launch of
Sonic’s Litepaper, the
Sonic Upgrade, combined with a $160 million buying spree from whales, market anticipation and excitement towards FTM have grown exponentially. Despite recent price volatility, traders are still optimistic, comparing FTM's potential to past performative cryptos like SOL in 2021. Downward price movements assert a potential for accumulation phases, with a successful call on
Rexas Finance (RXS) potentially being 'the one to watch' this bull season. As FTM navigates short-term turbulence, building strength and buying pressure, and the potential addition of a bridged version of USDC, all eyes are on its grand vision of
Sonic Network and its influence on FTM's valuation.
FTM Coin News Analytics from Fri, 16 Feb 2024 08:00:00 GMT to Wed, 13 Nov 2024 10:31:32 GMT -
Rating 5
- Innovation 8
- Information 6
- Rumor 7
