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Fantom(FTM)

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$0.452116
(-4.94%)
0.00001641 BTC
Market Cap (Rank#46)
$1,258,601,711
45,690 BTC
Vol 24h
$150,288,004
5,456 BTC
Circulating Supply
2,783,803,760
Max Supply
3,175,000,000
3 days ago nulltx
Biggest Potential Gainers Of 2023: Analysts Name Monero (XMR), Fantom (FTM) and Orbeon Protocol (ORBN)
As we move into 2023, the cryptocurrency market continues demonstrating its vast potential, with multiple digital assets poised to yield significant gains for investors. Among these standouts, analysts are spotlighting Monero (XMR), Fantom (FTM) and Orbeon Protocol (ORBN) as the biggest potential gainers this year. In particular, Orbeon Protocol (ORBN) is revolutionizing the world of […]
8 days ago nulltx
Build Your Portfolio With Fantom (FTM), PancakeSwap (CAKE) And Orbeon Protocol (ORBN)
Building a strong cryptocurrency portfolio is all about balance. Three cryptocurrencies that offer just that are Fantom (FTM), PancakeSwap (CAKE), and Orbeon Protocol (ORBN) which analysts predict a 6000% gain. Here’s why they’ve become must-have investments for many investors in the crypto space. >>BUY ORBEON TOKENS HERE<< Fantom (FTM) Offers Long Term Potential Solving The […]
9 days ago nulltx
Conflux (CFX), Fantom (FTM) And TMS Network (TMSN): Bridging The Gap Between Traditional Finance and DeFi
Decentralized finance is revolutionizing the concept of how we interact with capital. With the advent of smart-contract blockchains, many developers offer tools for building DeFi platforms. Conflux (CFX) and Fantom (FTM) are two super-fast blockchains for DeFi developments, while TMS Network (TMSN) crosses the divide between asset classes. Conflux (CFX) – Sharding Breaks Blockchain Speed […]
24 days ago cryptodaily
Collateral Network (COLT) Beats Stellar (XLM) and Fantom (FTM) With Its Massive Presale Performance
While Stellar (XLM), Fantom (FTM) and Collateral Network (COLT) are the focus of investors, not every project has been able to convince them. Collateral Network (COLT) has started its presale phase, and the project is set to grow at the rate of 35x during the same. >>BUY COLT TOKENS NOW>BUY COLT TOKENS NOW>BUY COLT TOKENS NOW<< Collateral Network (COLT) Encashes Its Unique Business Roadmap For 35x Return Collateral Network (COLT) is the first-of-its-kind blockchain platform related to lending and borrowing cryptocurrencies. Through Collateral Network (COLT), borrowers can easily unlock cash from their physical assets using blockchain technology. Collateral Network (COLT) allows people to borrow cryptocurrencies against their physical assets without selling them. Collateral Network (COLT) mints fractional NFTs against borrower-owned physical assets. On Collateral Network (COLT), investors can buy these fractional NFTs and fund the loans for people needing them. Moreover, the process of borrowing on Collateral Network (COLT) gets completed quickly, as people can encash their physical assets within 24 hours. Another benefit for Collateral Network (COLT) users is they can borrow on the platform without leaving any footprint on their credit file. For lenders, Collateral Network (COLT) offers many advantages as people can lend funds by purchasing fractional NFTs. Since these NFTs are backed by real-world assets, they are automatically immune to market speculations and hype, and their prices remain stable. The platform also allows investors to provide fractional loans to borrowers at a pre-agreed fixed interest rate. Noticeable is the fact that lenders will receive a fixed income every week on Collateral Network (COLT). The liquidity pool of the platform will be locked for 33 years. COLT is the native crypto of the Collateral Network (COLT) ecosystem, which consists of marketplace, auctions and crowdlending. The initial trading price of COLT tokens during the presale is $0.01. Market analysts have predicted the value of Collateral Network (COLT) to rise by 35x in the next six months. According to the whitepaper of Collateral Network (COLT), the platform will supply a maximum of 1,400,000,000 COLT tokens, of which 50% will be available to purchase during the presale round. Buyers of COLT tokens will get many benefits, including access to the VIP members club, voting rights and discounts on borrowing and trading fees. Find out more about the Collateral Network presale here: Website: https://www.collateralnetwork.io/ Telegram: https://t.me/collateralnwk Twitter: https://twitter.com/Collateralnwk Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
29 days ago cointelegraph
How Fantom and Optimism’s DeFi and DApp development directly affects FTM and OP price action
Despite similar price action, Fantom and Optimism ecosystems are moving in opposite directions and this is reflected in each token’s price.
36 days ago cryptodaily
Fantom (FTM) and Ripple (XRP) See Bullish Momentum, While Orbeon Protocol (ORBN) Is Set For 60x Returns As Presale Continues
The cryptocurrency industry is gradually recovering from the recent dip as an increasing number of tokens are appreciating. Ripple (XRP), Fantom (FTM) and several other tokens are currently appreciating as they put their bearish moments behind them. Similarly, Orbeon Protocol (ORBN) is set to appreciate by 60 times its current value as its presale continues into its seventh phase. >>BUY ORBEON TOKENS HERE>BUY ORBEON TOKENS HERE>BUY ORBEON TOKENS HERE<< Orbeon Protocol (ORBN) is Set For 60x Appreciation as its Presale Concludes Orbeon Protocol (ORBN) is another crypto project with a promising future. The crowdfunding platform serves the dual purpose of assisting entrepreneurs to either generate new ideas or raise funds for their businesses. Orbeon Protocol (ORBN) is built on the Ethereum (ETH) blockchain and boasts multi-chain capabilities for fast transaction speed and low operational costs. Orbeon Protocol (ORBN) users can also exchange their digital assets via Orbeon Swap, a feature of the Orbeon Protocol (ORBN) ecosystem. Orbeon Wallet is a digital wallet created for users to hold their assets or buy new ones. Users can earn an impressive discount of up to 50% in USDC on transactions conducted on the Orbeon Protocol (ORBN) platform. Cashback rewards await them, too. The Orbeon Protocol (ORBN) presale is scheduled for between October 31st 2022, and January 31st 2023, at a current affordable price of $0.071 per ORBN coin. During the presale, over 470 billion ORBN tokens are available for sale with cryptocurrencies such as ETH, BNB, USDT, TRX, and BTC. It is noteworthy that the Orbeon Protocol (ORBN) token will be launched on April 4th 2023. While the duo of Ripple (XPR) and Fantom (FTM) are hitting bullish momentum at the moment, Orbeon Protocol (ORBN) is set for 60x returns as the presale comes to an end. Find Out More About The Orbeon Protocol Presale Website: https://orbeonprotocol.com/ Presale: https://presale.orbeonprotocol.com/register Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
37 days ago cryptodaily
Bitcoin reacts strongly to new inflation print
A slight improvement in inflation for the month of January has led to the crypto market reacting strongly to the upside. A rather modest down tick in the new inflation print for January might have been expected to lead to an equally modest rise in markets. None of it. Bitcoin rose strongly and altcoins followed its lead with both making some excellent gains so far on Wednesday. Bitcoin above strong support Bitcoin climbed as high as $22,900 on the day, but it has since pulled back to around $22,700. Short term indicators suggest that this might be the local top for now, but the important thing is that the price is now holding nicely above bitcoin&rsquo;s midrange point of $21,480. Looking further out in the longer term, it does look good for bitcoin here. A 47% increase since the start of this year has been followed by a decent 12% correction in order to test what looks like a very strong support now at the midpoint of the range. It might be hoped that bitcoin meanders towards the top of the range at $25,225. The longer it takes to get there, the more price structure will have been built, and it wouldn&rsquo;t go amiss even if bitcoin came down once more to test that midpoint. Selected altcoins make most of the gains As bitcoin becomes stronger the top-performing altcoins will likely far outperform it, perhaps until the time when bitcoin may crash through $25,000 and heads for $30,000. One thing to be cognizant of in this altcoin run is that not all altcoins are killing it. The vast majority may make some modest gains, but it is constantly the same few altcoins that are making all the main running. The two strong narratives of artificial intelligence and zero knowledge tokens have well and truly led the surge. SingularityNET and Fetch.AI from AI, and Dusk Network and others from the ZK category have really performed. Other altcoins from different niches are also making some excellent gains. Render (RNDR) with distributed GPU cloud rendering is one of these, up 355% since January 1. Fantom (FTM) is a fast layer 1, also up considerably over the same time frame. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
38 days ago cryptodaily
Market ingests today’s inflation print. How did crypto react?
U.S. CPI data has just been revealed and shows a slight fall, but not as far as expected. Inflation not defeated The Consumer Price Index year on year has just returned a figure of 6.4%. This is worse than the forecast of 6.2%. Does this mean that the crypto market will continue its recent move downwards? Price changes rose across many elements of the CPI basket. Fuel oil rose 27.7%, gas utilities 26.7%, transportation 14.6%, electricity 11.9%, food in the home 11.3%, and food away from the home 8.2%. Looking ahead, markets are pricing in three more interest rate increases, over the next three FOMC meetings, and further ahead in December there is the chance of the first interest rate cut. Therefore, with 3 rate hikes now priced in, the market has full knowledge of what is coming and the worst case scenario is accounted for (obviously discounting a black swan event or worse/better than expected future inflation figures). Large volatility Within 5 minutes of the inflation figures being revealed $1.2 million in long positions were liquidated, but given the volatility around this time, $1.2 million in shorts were also liquidated. The Dollar Index (DXY) spiked down to 102.600 and then wicked up to test resistance at 103.500, before settling back. Bitcoin seesawed around, plummeting to $21,500, surging up to touch the $22,300 resistance, and then settling somewhat at $22,000. Altcoins were the same. There was a general downturn as soon as the CPI was announced, but then selected altcoins really took off to the upside. Usual altcoins lead the field The same altcoins and the same narratives that have been running over previous weeks were the main tokens to head the charge higher. AI coins were the leaders, with Fetch.AI (FET) and SingularityNET (AGIX) leading the way. Liquid staking coins were just behind, with Lido (LDO) looking the best here. The ZK coins put on some decent gains with Mina (MINA) and Dusk Network (DUSK) doing well. Then there were the odd few individual tokens that have constantly been pumping over recent weeks. Render (RNDR), Fantom (FTM), and GMX are among these. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
47 days ago cointelegraph
Fantom’s 5-week winning streak is in danger — Will FTM price lose 35%?
As per technical data, the FTM market has turned overbought after rallying 230% in five weeks, with the coin’s momentum slowing down compared to the price boom.
49 days ago cryptopotato
Crypto Price Analysis Feb-3: ETH, XRP, ADA, MATIC, and FTM
This week, we take a closer look at Ethereum, Ripple, Cardano, Polygon, and Fantom. Ethereum (ETH) Ethereum, the second-largest cryptocurrency, continued to consolidate this week. The price only registered a 2.9% increase. This is because ETH is stuck in a channel between $1,670 and $1,550.  All attempts to break these levels were rejected in the […]
53 days ago coindesk
Fantom Blockchain to Release Version 2 of fUSD Stablecoin
The migration from version 1 will result in liquidations of any positions where fUSD debt is equal to or greater than the FTM backing it.
54 days ago cointelegraph
LTC, AVAX, APT and FTM prepare to rally as Bitcoin price targets $24K
Bitcoin bulls look to push BTC price to $24,000 and in doing so, LTC, AVAX, APT and FTM could extend their monthly gains.
60 days ago cryptodaily
FTX Making A Comeback? Crypto Daily TV 23/1/2023
In Todays Headline TV CryptoDaily News: U.S. claims $700 million of assets linked to Bankman-Fried, FTX. The U.S. government wants to take control of nearly $700 million of assets it seized earlier this month from former FTX CEO Sam Bankman-Fried, according to court filings. Included in the property are over 55 million Robinhood shares worth about $525 million. FTX may make a comeback. The FTX cryptocurrency exchange may not be dead. The platform, the flagship company of Sam Bankman-Fried's crypto empire, could be revived in the coming months, so said John Ray, the CEO appointed Nov. 11 when Bankman-Fried's empire filed for bankruptcy, to handle the liquidation. Genesis&rsquo; crypto trading arm is moving money around. Genesis' crypto trading arm is moving money around. A wallet controlled by the Genesis OTC trading desk sent about $125 million of ETH, FTM and USDT to Coinbase, Binance, Bitstamp and Kraken on the day of the bankruptcy filing, according to blockchain data compiled by Etherscan. BTC/USD fell 0.7% in the last session. The Bitcoin-Dollar pair dropped 0.7% in the last session. The MACD is giving a positive signal.BTC/USD fell 0.7% in the last session. Support is at 21971.3333 and resistance at 23709.3333. The MACD is currently in the positive zone. ETH/USD corrected downwards by 0.1% in the last session. The Ethereum-Dollar pair dropped 0.1% in the last session after rising as much as 2.1% during the session. According to the RSI, we are in an overbought market. Support is at 1586.6633 and resistance at 1697.9233. The RSI is signalling an overbought market. XRP fell 0.8% against USD in the last session. The Ripple dropped 0.8% against the Dollar in the last session. The CCI is giving a negative signal. Support is at 0.387 and resistance at 0.4244. The CCI is currently in negative territory. The last session saw LTC drop 0.6% against USD. The Litecoin-Dollar pair dropped 0.6% in the last session after rising as much as 2.3% during the session. The Williams indicator is giving a negative signal. Support is at 85.4567 and resistance at 92.6967. The Williams indicator is currently in the negative zone. Daily Economic Calendar: US Chicago Fed National Activity Index The Chicago Fed National Activity Index, released by Federal Reserve Bank of Chicago, is a monthly index designed to gauge overall economic activity and related inflationary pressure. The US Chicago Fed National Activity Index will be released at 13:30 GMT, the US 3-Month Bill Auction at 16:30 GMT, the US 6-Month Bill Auction at 16:30 GMT. US 3-Month Bill Auction Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive by holding the bond until maturity. US 6-Month Bill Auction The auction sets the average yield on the bills auctioned by US Department of Treasury. Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive. EMU Consumer Confidence The Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. The Eurozone's Consumer Confidence will be released at 15:00 GMT, Germany's German Buba Monthly Report at 11:00 GMT, the UK's Public Sector Net Borrowing at 07:00 GMT. DE Buba Monthly Report The German Buba Monthly Report, released by the Deutsche Bundesbank, contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions. UK Public Sector Net Borrowing The Net Borrowing captures the amount of new debt held by the U.K. governments, i.e., the financial deficit in the UK national accounts. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
60 days ago cryptodaily
Crypto Market Outlook: Orbeon Protocol (ORBN), Fantom (FTM), and Chainlink (LINK) Ready to Rise
The cryptocurrency space is full of potential opportunities, and the market outlook for Orbeon Protocol (ORBN), Fantom (FTM), and Chainlink (LINK) looks especially promising. Today, we review these three coins and assess why they could be poised for a major rise in the near future. With Orbeon Protocol (ORBN) nearing the end of the public presale, we may have to move quickly. Orbeon Protocol (ORBN) Orbeon Protocol (ORBN) could potentially revolutionize crowdfunding as we know it, with these four distinct features: 1) Blockchain-based - Orbeon Protocol (ORBN) uses the power of the Ethereum (ETH) blockchain to provide safety and transparency. 2) Fractionalized NFTs - NFTs are useful for more than just collecting digital art. With fractional NFTs that represent ownership of a startup, investors can use just $1 to become part-owners of the project. 3) Smart contracts - Orbeon Protocol (ORBN) uses smart contracts to automate the whole crowdfunding process, eliminating a lot of paperwork and manual labor. 4) Utility token - As a decentralized project, Orbeon Protocol (ORBN) uses a utility token to reward investors for their contributions. Holding ORBN grants passive income staking rewards, governance votes, first access to new startups, and more. With such a game-changing approach to the $13.5B crowdfunding industry, Orbeon Protocol (ORBN) is one to watch out for. The current Orbeon Protocol (ORBN) presale represents an amazing opportunity to get in on the ground floor. Fantom (FTM) Fantom (FTM) is an open-source, public blockchain platform designed to enable fast and secure transactions across the globe. Fantom (FTM) is built using a revolutionary consensus mechanism called Lachesis, which is designed to enable instant finality and scalability. But the main difference between Fantom (FTM) and most other projects is the fact that Fantom (FTM) isn't a blockchain at all! Fantom (FTM) is actually a Directed Acyclic Graph (DAG), which enables much faster transaction speeds and more secure transactions. Fantom (FTM) is already being utilized by governments around the world, with the likes of Uzbekistan planning to use Fantom (FTM) as part of their digital transformation. This shows that Fantom (FTM) has strong fundamentals, making it a prime candidate for a major rise this year. Chainlink (LINK) Chainlink (LINK) is making a name for itself as the go-to blockchain platform for decentralized finance (Defi). Chainlink (LINK) has been designed to be an intermediary between off-chain resources and Ethereum smart contracts, allowing developers to incorporate external data into their products via Chainlink (LINK). Chainlink (LINK) sounds good in theory, and it also looks like the practice is measuring up &mdash; Chainlink (LINK) is already being used by some of the top Defi platforms including MakerDao, Aave, Compound, and others. If that's not enough adoption for you, then the news of Accuweather and FedEx using Chainlink (LINK) should be convincing. Accuweather is using Chainlink (LINK) to provide live weather data feeds into their smart contracts, while FedEx is integrating Chainlink (LINK) to provide real-time shipment tracking. Find Out More About The Orbeon Protocol Presale Website: https://orbeonprotocol.com/ Presale: https://presale.orbeonprotocol.com/register Telegram: https://t.me/OrbeonProtocol Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
63 days ago coindesk
Fantom Blockchain to Fund Ecosystem Projects Using Portion of Burnt FTM Fees
The fund is aimed at empowering builders on Fantom by offering a decentralized avenue for funding projects, ideas, and creations through a community-driven decision process.
68 days ago cointelegraph
5 altcoins that could breakout if Bitcoin price stays bullish
Bitcoin has turned bullish, but is it a dead cat bounce? If BTC bulls keep pace, LTC, OKB, BIT and FTM could see strong rallies.
76 days ago cryptodaily
Balancer Advises LPs To Pull Liquidity Due To “Ongoing Issues”
Decentralized finance (DeFi) protocol Balancer has warned LPs on the protocol to withdraw their liquidity immediately due to an ongoing issue. The protocol did not specify what the issue was but added that the emergency DAO could not mitigate it. LPs Advised To Pull Liquidity The team at decentralized finance protocol Balancer has advised some LPs to pull their liquidity immediately. The warning was issued after ongoing issues related to some of the service&rsquo;s pools were discovered by the protocol. Some liquidity pools on the protocol have seen their fees set to zero by Balancer&rsquo;s emergency multisig. However, despite this measure, the team has indicated that this approach could mitigate not all effects of the issue. &ldquo;IMPORTANT: Because of a related issue, LPs of the following pools should remove their liquidity ASAP as the issue cannot be mitigated by the emergency DAO.&rdquo; Balancer announced the issue on Twitter on the 6th of January at 2:03 am UTC, adding that the team had set protocol fees to zero to attempt to mitigate the problem. The team further added that it would disclose more details in the near future. &ldquo;Protocol fees of some Balancer pools have been set to 0 to avoid an issue that is now mitigated and will be publicly disclosed in the near future. This has been done by the emergency multisig, a 4/7 comprised of BLabs engineers and Balancer Maxis. These pools continue to function normally, so no action is needed by the LPs of those pools. They will continue to accrue swap fees, but the protocol will not take its cut from them.&rdquo; Impacted Pools Balancer has asked LPs to pull liquidity from specific pools because the emergency DAO has been unable to mitigate the ongoing issue. As a result, LPs on Ethereum (ETH), Polygon (MATIC), Optimism (OP), and Fantom (FTM) versions of Balancer (BAL) have been asked to remove liquidity. On Ethereum, the issue has impacted the DOLA/bb-a-USD pool, which has a current Total Value Locked (TVL) of $3.6 million in equivalent. On Polygon, LPs were advised to remove liquidity from the bb-am-USD/miMATIC pool. On Optimism, the problem has impacted the MAI Life and Smells Like Spartan Spirit Pools. Furthermore, users of the Fantom-based &ldquo;friendly fork&rdquo; of Balancer were advised to remove $1.9 million from the Tenacious Dollar Liquidity Pool. The pools on Arbitrum, according to Fernando Martinelli, remain unaffected by the issue. Balancer also stated that if a pool&rsquo;s transaction fee has been set to zero by the emergency multisig, then LPs do not need to take any further action. The pools in question will continue to accumulate fees. However, Balancer would not be taking its cut. Community On Tenterhooks Balancer is currently the 6th largest decentralized exchange in terms of trading volume and handles around $52 million worth of crypto trades daily, according to data from DeFiLlama. The Balancer community&rsquo;s initial reaction has seen some members fearing the worst, citing the vagueness of the protocol&rsquo;s statement about the issue and what it could potentially be. The problem at Balancer comes after the Radium DEX was subject to a fee exploit, where a malicious entity utilized an admin key to change pool parameters. This allowed them to trick the pool smart contract into behaving as if the pool contained only accumulated admin fees. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
95 days ago nulltx
FTX Token (FTT) collapses, Fantom (FTM) Represents Opportunity While Orbeon Protocol (ORBN) Records Historic Growth
The volatility of crypto projects scares every investor. Thus, investors are no more confident about FTX Token (FTT) following its collapse. However, in cases like with Fantom (FTM), this volatility can represent a good opportunity to buy in and make profits as tokens with strong fundamentals are likely to appreciate value. On the other hand, […]
96 days ago cryptodaily
Flasko (FLSK) Price Predicted To Explode In 2023 As Dogecoin (DOGE) And Fantom (FTM) Investors Show Interest In The Presale
Many famous cryptocurrencies suffered huge declines in 2021 and 2022, making investors nervous about choosing their crypto investments. This demonstrates the need to consider a cryptocurrency's practical applications and underlying infrastructure before committing capital to it. Dogecoin (DOGE) and Fantom (FTM) are promising cryptocurrencies with solid foundations. Analysts, however, recommend Flasko as a viable alternative investment option with skyrocketing returns. Dogecoin (DOGE) Had A Good Run The Shiba Inu is the mascot for the cryptocurrency Dogecoin (DOGE), inspired by the viral internet joke "doge." Many other tokens have followed Dogecoin (DOGE)'s lead since its meteoric rise in value and popularity a few years ago. Dogecoin (DOGE)'s proof-of-work mechanism, based on Scrypt technology, is one of the numerous ways it varies from Bitcoin's. Dogecoin (DOGE) rose to fame only because famous personalities started tweeting about it, and it became a sensation on Reddit. Unfortunately for Dogecoin (DOGE) and Dogecoin (DOGE) investors, that fame was short-lived when Dogecoin (DOGE) finally plummeted. It is now trading at $0.10 per coin. Consistent Drop in Fantom (FTM) After announcing many partnerships, Fantom (FTM) saw record-breaking sales and earnings last month. As time has passed, prices have dropped to the $0.2 range. There was a 14% drop in Fantom (FTM) from the previous month. The coin is presently valued at $0.24. As Fantom (FTM) is consistently declining daily, there has been a significant sell-off. It might be more beneficial to shift your focus to something with more development potential. However, Fantom (FTM) investors are selling their Fantom (FTM) coins for Flasko presale coins. Flasko (FLSK) Will Become The Fastest-Growing Crypto In 2023 NFTs backed by lucrative real-life assets are the future of the crypto trading industry, which is why Flasko has recently gained a lot of popularity. Flasko is an upcoming platform allowing investors to purchase fractionalized NFTs of wine, whiskey, and champagne bottles. The Flasko team is working daily to reassure investors that their funds are safe on the NFT platform. This includes completing the audit with Solid Proof with flying colors and locking liquidity for 33 years, assuring there will be no rug pull to risk investments. By January 2023, experts think Flasko will be worth $4.50 per coin. At its current price of only $0.125, it would be an opportunity missed not to purchase Flasko presale tokens right now. Check out the links below to learn more about the Flasko presale. Website: https://flasko.io Presale: https://presale.flasko.io Telegram: https://t.me/flaskoio Twitter: https://twitter.com/flasko_io Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
96 days ago cointelegraph
Amazon's new series 'NFTMe' explores NFT culture and disruption worldwide
The show features artists, collectors, and industry professionals across the world.
105 days ago nulltx
The Next Bullish Wave Is Soon, Don’t Miss Out On SmarterWorx (ARTX), Fantom (FTM), And THORChain (RUNE)
Investors have been anticipating the next positive wave since the massive cryptocurrency plunge in the hopes that it will free the market from the bear’s grip. Analysts claim that the next wave is approaching since crypto heavyweights like Bitcoin (BTC) and Ethereum (ETH) seem to be moving steadily upward. When that moment arrives, the whole […]
108 days ago cryptodaily
Fantom (FTM) and Mina Protocol (MINA) Struggles in the Market Amidst Sparklo (SPRK) Presales Success
With the market downturn, investors are out searching for cryptocurrency projects they can invest in and hopefully use to increase their portfolios. But, most times, emotions and fear can blind an investor to making a panic decision. This is why investors must make intelligent decisions, as those with assets in Fantom (FTM) and Mina Protocol (MINA) are currently watching as their assets are dropping due to market struggle. Consequently, it leads investors to alternatives like Sparklo, which is currently performing well in its presale. Fantom (FTM) Investors Searching For Alternatives The price movement of Fantom (FTM) hasn't been outstanding recently, as it shows no sign or little sign of its price changing from its downtrend position. With Bitcoin (BTC) dropping below $16,500, this indicates an inflation increase affecting the price of Bitcoin (BTC) and other altcoins. Looking at the charts, over the past seven days, Fantom (FTM) has had a price decline of -26.01%, and even in the past month, it has continued to decline, as seen in its -1.7% price decrease. Fantom currently trades at $0.20, and though Fantom (FTM) is one of the top cryptocurrency projects, it is still presently struggling in the market, and analysts predict that it might not have a reversal in the short term. As a result, investors will have to look at other alternatives if they need to boost their portfolios. Mina Protocol (MINA) Price Fluctuates As The Market Downturn Continues Mina Protocol (MINA) was launched in early 2021, and by June 1st, 2021, it was worth $9.90. After the launch, the market thought the price was overvalued, and it soon fell to a low of $2.76 before it recovered to trade at $3.24. By 2022, analysts valued Mina Protocol (MINA) at $3.59, and just like most cryptocurrencies, Mina Protocol (MINA) was no exception as it struggled with the crypto winter. By January's end, Mina Protocol (MINA) was trading at $2.21, and this downtrend continued till it hit an all-time low of $1.76 on February 24th. After the general market crash, Mina Protocol (MINA) also hit an all-time low by May 12th and was pegged at $0.83. Though the market recovered slightly, the other market crash, which saw the total value of the entire crypto market dip below $1trn, also affected the Mina Protocol (MINA). Nevertheless, Mina Protocol (MINA) has witnessed some recovery of 7.72% in the past 30 days. Analysts predict that since there are no solid fundamentals to back it up, it might only last for a while. Sparklo (Sprk) Presale Records Success With the success of Sparklo&rsquo;s presale, investors have recognized the high growth potential of the token. Fantom (FTM) and Mina Protocol (MINA) are struggling amidst market uncertainty. Sparklo will be the first alternative investment that would allow investors to invest in fractionalized NFTs, backed by real-world assets in the form of gold, silver, or platinum. Sparklo passed its audit from Interfi Network, and to ensure that the project remains safe, the developers will lock its liquidity for 100 years. Additionally, the team&rsquo;s token will be locked for 1,000 days. Sparklo currently goes for a price of $0.013, and analysts predict that the price will increase by more than 100x in the coming months. Investing early in a project ensures that investors get maximum gains. So this might be the best time to get in on Sparklo. Find out more about the presale: Buy Presale: https://invest.sparklo.finance Website: https://sparklo.finance Twitter: https://twitter.com/sparklo_finance Telegram: https://t.me/sparklofinance Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
114 days ago cointelegraph
FTM price rebounds 50% as Fantom reveals 30 years runway (without having to sell its token)
The Fantom Foundation's attempt to dispel concerns about potential FTX exposure has been a success thus far for FTM price.
115 days ago cryptopotato
Dogecoin Jumps 9%, Fantom Explodes 15% (Market Watch)
Bitcoin managed to defend $16,000, while FTM and DOGE are today's best performers.

About Fantom?

The live price of Fantom (FTM) today is 0.452116 USD, and with the current circulating supply of Fantom at 2,783,803,760 FTM, its market capitalization stands at 1,258,601,711 USD. In the last 24 hours FTM price has moved -0.034143 USD or -0.07% while 156,932,252 USD worth of FTM has been traded on various exchanges. The current valuation of FTM puts it at #46 in cryptocurrency rankings based on market capitalization.

Learn more about the Fantom blockchain network and how it works or follow the price of its native cryptocurrency FTM and the broader market with our unique COIN360 cryptocurrency heatmap.

The Fantom Foundation, which created the Fantom network, was established in 2018 by South Korean computer scientist Ahn Byung Ik. Fantom Opera, the network’s mainnet, was launched in December 2019, with Fantom (FTM) as its native token. It was designed to be an open-source, permissionless blockchain and was launched as an alternative to Ethereum.

Fantom not only rivals Ethereum’s smart contract capabilities but also offers more efficiency — it can handle thousands of transactions per second with the cost of transactions being a fraction of a cent. Therefore, the speed and efficiency of Fantom make it more scalable at a lower cost than Ethereum. Currently, its focus is on three main aspects - scalability, security and decentralization. 

At the heart of the Fantom network lies the FTM coin, which can be used for payments, transaction fees, staking, and on-chain governance. The current leadership of the Fantom Foundation includes CEO Michael Kong and CTO Quan Nguyen. Until early 2022, popular crypto figures, Andre Cronje and Anton Nell were also associated with FTM.

FTM price 

The price of FTM in USD terms did not see any major movements until it rose roughly 5,000% between Jan. 1 - Feb. 25, 2021, going from around $0.016 to over $0.87.

In May of the same year, FTM price climbed above $0.90, but the major growth spurt came in October when it set an all-time high price of $3.48.

However, news of Andre Cronje and senior solutions architect Anton Nell leaving FTM and the crypto space in Q1 2022 caused panic and led to the price of FTM dropping to almost $1. FTM's market cap consequently dwindled to $2.76 billion.

Since then, the Fantom Foundation has assured market participants of continued development and growth, and FTM's price has somewhat recovered. Future price movements of FTM are going to be linked to the network's adoption and growth of its DeFi ecosystem.

How FTM works

The Fantom network uses a combination of proof-of-stake (PoS) and Asynchronous Byzantine Fault Tolerance (aBFT) consensus mechanisms, also known as the Lachesis consensus mechanism. According to the Fantom Foundation, its consensus mechanism is faster, more scalable, modular and more secure than others. 

The Lachesis consensus mechanism is asynchronous, meaning network data can be processed at different times. The aBFT process ensures that the network can tolerate up to two-thirds of its nodes being faulty or malicious without any negative impact. Additionally, in the aBFT process, every node can reach consensus independently and nodes do not need to exchange finalized blocks. Since there is no ‘leader’ node responsible for creating blocks, it boosts transaction speed and security on the Fantom network. Typically, FTM transactions are finalized within 1-2 seconds.

Built with FTM’s software development kit, Fantom Opera’s main use case is to host decentralized applications (dApps) on the network, which operate on their own specific blockchains linked to Opera.

FTM news, updates and highlights

In June 2018, Fantom Foundation raised $40 million to fund the development of the network. By April 2021, it had bagged an additional $15 million

Since its launch, Fantom has undertaken several projects. In 2020, for instance, it undertook a pilot project in Afghanistan to use blockchain to track the movement of medicinal drugs through the supply chain.

It has also dedicated significant resources to developing its DeFi ecosystem. For instance, in 2021, the foundation committed around $314 million worth of FTM tokens to an incentive program for attracting DeFi platforms. 

In March 2022, the announcement of Cronje and Anton Nell, a senior solutions architect at Fantom Foundation, leaving the crypto world sent FTM price crashing according to our live FTM price chart. Cronje’s departure created chaos as Nell included Fantom in the list of around 25 apps and services that he and Cronje were "terminating". 

However, the foundation released a statement clarifying that Nell and Cronje were not core developers of Fantom. The foundation noted that Andre Cronje was an advisor for FTM and helped set up a team of developers who will continue to work on the project.

Frequently asked questions about FTM

  • Can you mine or stake FTM?

FTM coins cannot be mined since the blockchain uses the Lachesis consensus mechanism, which does not involve mining, unlike proof-of-work (PoW). However, if you own FTM tokens, you can stake them for rewards in exchange for validating transactions in FTM's leaderless proof-of-stake model.

  • What are some of the best FTM wallets?

FTM can be stored in Fantom’s official wallet, fWallet,  MetaMask, and Trust Wallet, as well as hardware wallets like Ledger and Trezor, among others. You can also store them on exchange wallets like the Coinbase and OKX wallets.

  • What can you do with FTM?

FTM holders can use their assets to pay for network fees, stake them to help secure the network by validating transactions, and make payments. FTM can also be used for on-chain governance, meaning token holders can use their assets to vote on policy changes or improvements.

  • How to buy FTM?

You can buy FTM by exchanging your BTC, ETH, or USDT tokens with FTM on exchanges like HitBTC and decentralized exchanges like SushiSwap, or buy it using fiat currency on exchanges like Nexo. 

Fantom Price0.452116 USD
Market Rank#46
Market Cap1,258,601,711 USD
24h Volume150,288,004 USD
Circulating Supply2,783,803,760 FTM
Max Supply3,175,000,000 FTM
Yesterday's Market Cap1,264,316,693.88 USD
Yesterday's Open / Close0.488312 USD / 0.454169 USD
Yesterday's High / Low0.488911 USD / 0.446212 USD
Yesterday's Change
-0.07% ( 0.034143 USD )
Yesterday's Volume156,932,251.79 USD
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