Fantom has been seeing a significant upward trend these past few months. There's been substantial talk about Fantom's
rebranding to Sonic and its effect on its valuation. The rebranding has been represented positively, with many predicting an impressive
price surge following the transition. Several sources predict an ambitious target of around
$2 for the FTM price.
Binance has announced its support for Fantom's token swap and rebranding to Sonic. Fantom's user base appears to be in unrest due to
Coinbase's delisting amidst regulatory scrutiny. This could potentially lead to a price dip in the short term. With the launch of the Sonic
Mainnet that boasts an impressive 10,000 TPS, FTM could see further strides in its valuation. Fantom's FTM token has been experiencing a steady rise in price, with a 32% surge over the past month amidst its Sonic upgrade. Concerning competition, Fantom has been standing strong with others like Dogecoin, maintaining investor interest. This strong performance is drawing comparisons to other high-performing cryptocurrencies like Solana. It remains to be seen whether Fantom's bold rebranding move can spark a price surge to its ambitious target of $1.
FTM Coin News Analytics from Wed, 10 Apr 2024 07:00:00 GMT to Mon, 03 Mar 2025 05:35:12 GMT -
Rating 7
- Innovation 4
- Information 7
- Rumor 3
