Fantom (FTM) or
Sonic has been the focal point of a plethora of intriguing developments. Over the past week, its price has soared 30%, inciting questions of whether it can hit the $1 mark soon. FTM's strength ahead of a Sonic rebrand indicates a potential 50% price gain. Reflective of its potency, the Fantom price surged 70% in 30 days following a transition to Sonic, leading to a projection of an over 250% rally. Despite the scrutiny of
Coinbase and a trading suspension, Sonic Labs launched FTM to S token swaps, maintaining investor interest. Although evident short-term struggles and a 16% drop post-rebranding can't be overlooked, various price estimations till 2030 show optimism.
Binance's support in the Fantom to Sonic token swap was a plus, despite the coin losing trading volume to Binance Coin (BNB) and Cutoshi (CUTO). Preparations for the Sonic transition led to a 15% price drop. Still, with the rebranding, Fantom is poised for a 50% rally. Price forecasts also place its value at $2, though it currently maintains $0.70 support. The token also defies market downturn and looks set for a 40% rally. A breakout rally in the next week could push the price to hit $2. The Sonic Mainnet's launch saw a surge in activity and preparations are underway for the
Sonic testnet to go live. These strategic moves help enhance adoption and increase price volatility.
FTM Coin News Analytics from Fri, 22 Mar 2024 07:00:00 GMT to Tue, 18 Feb 2025 13:11:00 GMT -
Rating 8
- Innovation 7
- Information 7
- Rumor 5
