Fantom (FTM)'s upcoming transition to
Sonic adds a promising outlook for the crypto asset's growth. The
rebranding and its potential impact on FTM's
price surge to $1 have caught investors' attention. Albeit, Coinbase's decision to suspend FTM trading may induce a brief price dip. The launch of
Sonic Labs' FTM to S token swaps via Gateway underscores Fantom's technological evolution. Controversially, Binance delisting Fantom echoes mixed market sentiments. Despite skepticism, multiple are betting on FTM's price maintaining its $0.70 support, predicting a 70% gain in 30 days, possibly hitting $1 this month. Market excitement seems fuelled by Fantom's robust
blockchain protocol, fast-rising and promising competition in the DeFi space. Analysts suggest possibilities of FTM rallying over 250%, others forecast a not-less-than $10 value between FTM and Sonic. Despite a dip in trading volume, the bullish momentum on Fantom persists. Fantom's novelty blockchain,
Sonic upgrade, coupled with its increased total value locked (TVL), show a promising future. The cryptocurrency landscape remains dynamic, with other altcoins such as Stellar (XLM) and new presale Punisher coin (PUN) gaining traction. Conversely, Ethereum and Fantom face a bearish trend, potentially affecting Fantom's profit potential. The projection of a new all-time high (ATH) for Fantom this winter signals high investor expectation. However, bears anticipate short-term struggles for Fantom post-Sonic rebrand.
FTM Coin News Analytics from Fri, 22 Mar 2024 07:00:00 GMT to Wed, 15 Jan 2025 08:15:00 GMT -
Rating -2
- Innovation 8
- Information 10
- Rumor 6
