The
Fantom (FTM) coin has been making significant market strides, attracting attention from investors and analysts alike. Rumors suggest that it might outdo both
Fantom and
Litecoin as the best crypto to buy this bull cycle. The altcoin is also predicted to grow by 10x before the New Year, as the prices of
NEAR and
FTM currently dissipate. One reason behind FTM's promising trajectory is the unveiling of the
Genesis Block by Sonic Labs, which resulted in an
8% jump in the price of Fantom. Despite a momentary dip, Fantom has surpassed $1, causing speculations around the future price projection. Interestingly, Fantom is now drawing comparisons to DOGECOIN and is said to be on the watchlist of
crypto whales for potential gains by December 2024. The coin, predicted to boost after its rebranding to
Sonic, is also under comparison to the new
DeFi Titan predicted to yield 100x. Despite the competitive crypto landscape, Fantom has gained
70% in 30 days with the momentum attributed to potential ETF trading on the DTX exchange and the positive sentiment generated with the Sonic upgrade. The coin isn't without its challenges though; it faces competition from Binance Coin (BNB) And Cutoshi (CUTO) as it loses trading volume. However, if Bitcoin’s trajectory above $62,000 is anything to go by, Fantom's price along with other coins may be pulled higher.
FTM Coin News Analytics from Fri, 22 Mar 2024 07:00:00 GMT to Tue, 03 Dec 2024 19:30:10 GMT -
Rating 6
- Innovation 6
- Rumor 7
