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↑ Market Anticipation Soars as Fantom (FTM) Embarks on Sonic Transition Amidst Upward Price Momentum

Market Anticipation Soars as Fantom (FTM) Embarks on Sonic Transition Amidst Upward Price Momentum
Binance has announced a token swap and rebranding timeline for Fantom to Sonic, leading to anticipation in the market. The Sonic Mainnet has launched with a reported 10,000 transactions per second. Over the past month, Fantom's price has soared by 70%. Despite the significant gains, new DeFi titans are expected to outperform Fantom (FTM) and Toncoin (TON). With future projections suggesting a surprising altcoin might surpass FTM's price by 2025, there is speculation concerning the future momentum of the coin. Fantom has seen a significant increase in whale activity and reached a new all-time high. Despite market volatility, Fantom has defied the downturn and continued rallying. The coin is now approaching a seven-day high and investors are hoping this trend continues. Sonic's ambitious litepaper release spiked FTM's price, which faces uncertainty despite potential for huge profit. The Sonic testnet going live has also plotted FTM's path to reach $1 again. Fantom tokens have been allocated for the Sonic migration, boosting confidence in the cryptocurrency. Fantom is also witnessing a revenue drop despite a spike in active monthly users. As Fantom prepares for the Sonic transition, it remains to be seen if FTM can maintain its bullish trend.

FTM Coin News Analytics from Fri, 22 Mar 2024 07:00:00 GMT to Wed, 25 Dec 2024 09:36:46 GMT - Rating 6 - Innovation 4 - Information 7 - Rumor 8

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