Fantom: A Sneak Peak
While fiat currencies are losing their sheen in the recessionary phase of world economies, cryptocurrencies gain momentum. With decentralized finance (DeFi) becoming the talk of the town for digital assets, blockchain-based cryptocurrencies seem to be ruling the crypto market. Added to that are many financial giants announcing partnerships and massive investments worth billions. This makes it the 6th biggest platform in the world after Ethereum, Terra, Binance Smart Chain.
Currently ruling the exchange, Fantom is surging ahead due to Singapore-based Hyper Chain Capital having declared its investment worth $15 million. Fantom, more popularly known by its native token FTM, has recently been active in the crypto market, performing miracles. Before we start with detailed Fantom price prediction, check our the overview.
|Price Change 24H||+12.78%|
|Price Change 7D||-16.40%
|Circulating Supply||2,545,006,273 FTM|
|All Time High||$3.48|
|All Time Low||$0.001953|
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Fantom: The Mystery Decoded
The company is led by Michael Kong and his full stack blockchain development team. Fantom not only features smart contract functionality but also offers a safe and highly secure system of transaction and trading account with no middlemen involved. The company’s Hyperblocks subsidiary runs validators that help secure the Fantom blockchain. As an alternative to Ethereum, Fantom uses an Asynchronous Byzantine Fault Tolerance(aBFT) consensus model to validate transactions. This not only facilitates accessibility and security but also results in minimal fees and near-instantaneous transactions. Lachesis, its revolutionary aBFT consensus mechanism, allows Fantom to be much faster and cheaper than older technologies, yet highly secure. Moving averages are the most popular Fantom tools.
Blockchain algorithm being the center stage of the Fantom cryptocurrency, the entire phenomenon and fundamental focus of this cryptocurrency is the programmability. Blockchain ecosystem can be helpful to Fantom ecosystem. This allows the users to benefit from a digital coins money perspective and use Fantom for all marketplace transactions such as financial services, apps, games, to name a few, which can be built on the platform. As explained above, Fantom enables developers to formulate and work on smart contracts automatically implementing assignments under specific conditions.
Fantom: Partnerships & Collaborations
Fantom foundation has announced many partnerships & collaborations. Companies can build Fantom-based private/permissioned blockchain networks using its plug-and-play feature. It provides them global expansion, a wide network of users and dapps (Decentralized Applications), and continual developments and upgrades. Enterprise Fantom refers to a defined set of guidelines and Fantom technical analysis specifications to accelerate the adoption of blockchain technology among enterprises. Rolling out a huge upgrade called Go-opera, Fantom announced an invaluable contribution to blockchain recently. This accelerated multifold transactions and improved other network efficiencies. With effective collaborations like that of Formula1 driver Pierre Gasly and endorsement by Mark Cuban, Fantom has elevated itself magnanimously. In the world of DeFi as non-fungible tokens, Fantom has joined hands with Clover (CLV) Finance and Superfarm that has further augmented its growth.
Fantom (FTM): Historical Analysis
Fantom, too, is no exception. It has also witnessed its ups and down many times but what it now seems to be setting is as if it is racing to make a world record. Till the end of the first half of 2019, Fantom price has marked upside movement but after hitting a high of $0.034 in June 2019, the FTM crypto started corrected downwards. The price of Fantom faced continual bearish trend till the March crash of 2020. On March 13, 2020, Fantom has marked all-time low of $0.001953. Later, it started tremendous bull run which took its value above $0.05 in September 2020. However, after recording significant growth, FTM faced massive downfall and at the end of 2020, the Fantom price retested $0.016.
Since the beginning of last year, Fantom has grown multifold, surpassing other crypto rivals in the market. This steep price rise took the FTM price to a new high of $0.8. After that, the coin price plunged below $0.25 in the last July. In Ocotber 2021, Fantom registered a new al-time high of $3.48. After that, the coin continued to trade with considerable volatility and currently, it trades around $2.8 with positive momentum.
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Experts’ View on Fantom (FTM) Price Forecast
The more, the merrier, and so the more the experts, the more the opinions and price action for the Fantom (FTM) price prediction:
Based on our Fantom (FTM) price predictions & Fantom price analysis, a long-term increase is expected, the price prognosis for 2026 is $13.345. With a 5-year investment, the revenue is expected to be around +467.4%. Wallet Investor
The Fantom price predictions by applying technical analysis is forecasted to reach $2.5 by the beginning of January 2022. The expected maximum price is $3.4, minimum price $2.3. The Fantom (FTM) price predictions for the end of the year are $3.35. Trading Beasts
According to Fantom Forecast by GOV Capital, the Fantom price is predicted to reach $4.21 by the year 2022 and $14.51 by the end of 2027, as per our Fantom (FTM) price predictions. GOV Capital
According to our Fantom FTM price prediction & our own research, it should easily swing around $4.08 by the end of 2022 and $5.47 by the end of 2026. Digital Coin Price
A lot of FTM projects are in the pipeline awaiting release. Right from the concept phase to the testing phase and by the end of one year, a lot of new projects would have been completed, hence, an all-around bullish prediction of as high as $4.12. Price Prediction
Fantom (FTM) Price Predictions: 2022-2026
Fantom price brought past investors massive good return on the chart trading before the onset of a new year. Current market cap of Fantom (FTM) is $7,268,948,119 and circulating supply of 2,545,006,273 FTM. The 24 hours trading volume of Fantom FTM is $1,052,908,880.68, and the current price action of FTM stands around $2.8.
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Fantom Price Prediction 2022
With partnerships and community funding, the trading cryptocurrency market looks back at FTM crypto to perform, the predicted price of Fantom cryptocurrency will reach a maximum price level of $3.65, the average price to $3.38, while the minimum price up to $3.2, which is quite optimistic but surely feasible.
Fantom Price Prediction 2023
Will Fantom crash? With any changes in Govt. policies and regulations, FTM price prediction may have its share of hazy days. If FTM Fantom holds the support around $3.9, buyers will then have ample time and stability to forget the next attack mission on the vital resistance level to play consistently at $4, watching the trend. Furthermore, the prices are based off of technical analysis.
Fantom Price Prediction 2024
Racing up to climax will not be hence so difficult for Fantom FTM holds as additional short term and long term price targets can be found to buy Fantom or sell FTM/USD. Starting with a minimum of $4.3 in the long term and $4.5 as the average price, it may cross $4.7 and gain future results.
Fantom Price Forecast 2025
The daily chart shows, FTM though plummeted but based on market cap, and resistance levels, one of the most bullish signals, on-chain metrics in favor of FTM is the significant increase in the number of coins deposited into the contract. With FTM showing so much promise, it has support from all the industry crypto connoisseurs who firmly believe that backed by a fundamental robust algorithmic science and a consistent performance, the future price of the FTM coin can rise upto $4.7 by the end of 2025.
Fantom Price Prediction 2026
Having witnessed a massive dapp adoption in the last year that drove the price of Fantom FTM. Also, updates will push the scalability of the network to 3,00,000 TPS moving the blockchain from an energy-intensive methodology. The network is super popular with numerous projects built on it; given the advancements are maintained and according to the investment advice, we could see Fantom price rise on the chart to soar to $4.9, making it a new high with maximum value. The average price in the year 2026 would be $5.1.
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Is the FTM coin a good investment?
100%. FTM can prove to be a valuable and sustainable source of income, with the information provided you plan all your investments wisely and strategically. FTM can prove to be a viable investment decisions for the long term earning potential. There is no tested or proven way of getting rich quickly, but investing in FTM can prove worthwhile.
How does Fantom gain significance in the market?
It is nothing but the trust of investors that has made an upward trend in the current price of FTM. Proving its merit against competitors, FTM has withstood the test of times and is worth investors’ hard-earned money.
Is Fantom Network safe?
Yes. Fantom Network is safe as it uses a bespoke variety of proof-of-stake algorithm to provide services and secure its network. FTM is also used as a governance token.
Will the Fantom price go up or down?
Based on the data, the price of Fantom will go up. But you should always be aware regarding the Fantom price forecast.
When will Fantom reach $100?
It is said according to the Fantom FTM price prediction that Fantom may reach $100 in the next few years.
Should anyone invest in Fantom?
One should always do research and analysis and than decide whether to invest or not. Cryptocurrencies are highly risky so one should never invest more than a limited amount price.
Will Fantom price go up?
According to the Fantom price predictions, by 2023, the price will reach up to $4.1 and up to $5 in the year 2026.
How many Fantom coins are present?
Currently there are 2,545,006,273 of circulating supply Fantom coins and a max. supply of 3,175,000,000 Fantom coins.
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