Fantom (FTM) is actively expanding its ecosystem, articulating a new product pipeline under the rebranded identity,
Sonic (S). The team outlines a strong vision and is focused on driving the functionality of its protocol, evidenced by the recent 50% price increase, triggering a bullish effect with analysts suggesting that FTM could realize a 250% rise post-transition. Now in the eyes of the investor community, FTM's soaring price and strong momentum are generating a noticeable buzz. However, in the wake of the promising progress, Fantom has seen some internal disruption, notably being suspended on
Coinbase amid scrutiny from the CFTC, resulting in a potential decrease in price. Despite some turbulence, Fantom’s protocol remains robust, gaining support from Binance for its token swap and rebranding. Emerging as a player in the scene, the Fantom project is showing some serious competitive capacity, even though competitors, such as
Rexas Finance (RXS), and
Dogecoin are also in the investor’s sights. A strong sense of commitment from FTM’s team is palpable in their efforts to maintain momentum and continue innovating amidst any setbacks. Riding on the bullish vibe, with the unveiling of
Sonic Labs, Fantom is seemingly poised for further expansion and possibly exponential gains. A FTM price of $1.20 is projected, with some investors predicting a whopping $2 price target imminently. FTM’s surge is being met with cautious optimism with some traders predicting a dip, while others anticipate continuous growth bolstered by the bullish trend in the overall crypto market.
FTM Coin News Analytics from Fri, 22 Mar 2024 07:00:00 GMT to Tue, 18 Feb 2025 13:11:00 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -3
