↑ FTM Coin's Market Activity Spurs Bullish Optimism Despite Potential Pitfalls

A flurry of recent events might influence the **price** of **Fantom (FTM)** coin, a high-throughput smart contract platform. There has been a **rebranding** to **Sonic**, a move numerous experts suggest could guide FTM Coin price towards **$2**. Moreover, it could also surpass Ripple's price by 2025. There is talk of a potential **250% rally** following the transition, suggesting substantial bull market support. However, **Binance** delisting Fantom led to a significant price drop, emphasizing the volatile nature of the industry. Meanwhile, FTM's trading volume is reportedly decreasing as competitors gain momentum. Despite this, there has been notable acquisition activity, with a **whale** accumulating **3.2 million FTM** before the rebranding.The Fantom to Sonic token swap has been officially announced, with a given timeline from Binance. Sonic's ambitious **litepaper** release drove a price spike. Additionally, due to the launch of the **Sonic Mainnet** with a **190.5M token airdrop**, the coin maintains significant support. However, some investors raised concerns following the announcement of a potential Coinbase delisting.Considered by some to be a promising utility with affordable entry, FTM might attract holders of Fantom and even Dogecoin. Lastly, amid mercurial movements, some industry experts still suggest FTM as a top pick for the 2025 Bull Rally.

FTM Coin News Analytics from Fri, 22 Mar 2024 07:00:00 GMT to Tue, 21 Jan 2025 08:00:00 GMT - Rating 7 - Innovation -4 - Information 6 - Rumor -5