The current buzz surrounding Fantom Coin (FTM) showcases the coin showing strength prior to a rebranding as Sonic (S), and a potential 50% price increase. Analysts foresee a price target of $2 with the bulls in control and even a potential price surge to $2 by 2030. However, the impact of Binance delisting Fantom led to a price drop. The transition to Sonic could lead to a 250% rally in the FTM price. The Fantom price has gained 70% in 30 days, driven by strategic developments around the token. Other reports predict that FTM coin could reach the critical $1.0 level soon. However, Fantom is facing strong competition from FXGuys ($FXG) and is losing trading volume as Binance Coin (BNB) and Cutoshi (CUTO) gain momentum. Fantom's rebranding to Sonic could lead to a price surge to $1, while simultaneously losing market share to other altcoins. Coin accumulation by whales is increasing, potentially causing a 40% rally. With a solid transformation into Sonic and 190.5M token airdrop, the FTM token keeps gaining strength despite facing heavy competition. However, $BNB, $NEAR, and competing coins can also affect the price of Fantom.
FTM Coin News Analytics from Fri, 22 Mar 2024 07:00:00 GMT to Sat, 01 Feb 2025 11:32:43 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor 3