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Fantom price, market cap on Coin360 heatmap

Fantom(FTM)

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$0.916089
(-3.39%)
0.00001291 BTC
Market Cap (Rank#51)
$2,568,379,307
36,203 BTC
Vol 24h
$124,422,440
1,754 BTC
Circulating Supply
2,803,634,835.53
Max Supply
3,175,000,000
2 days agocoindesk
Fantom Cofounder Mulls Idea for “Safer” Meme Coins
Fantom's Cronje is the latest in a line of blockchain teams that are open to directly engaging with memecoins.
4 days agonulltx
BDAG Presale Surpassing Fantom’s Update & Harambe AI’s Rise
BlockDAG $14.2M Presale Phenomenon: Leading 2024’s Crypto Landscape Ahead of Fantom’s Update and Harambe AI’s Ascent In the rapidly evolving blockchain arena, BlockDAG emerges as the standout performer, overshadowing the latest developments from Fantom and the buzz around Harambe AI Token. BlockDAG presale and novel technical insights promise a seismic […]
5 days agonulltx
BlockDAG Outshines FTM & Dogecoin Price Prediction
BlockDAG Transitions into Batch 7 With a $13.4M Milestone, Blurs Fantom and Dogecoin Price Prediction The Dogecoin price prediction hints at a breakthrough, forecasting DOGE to surpass previous highs. Meanwhile, the Fantom (FTM) price has shown volatility, with notable shifts in market sentiment affecting its stability. Yet, the spotlight turns […]
16 days agonulltx
Analysts predict big gains in Algotech (ALGT), while Dogecoin (DOGE) and Fantom (FTM) surge
The volatile crypto market is showing a bullish trend, with these coins riding the uptrend. Dogecoin (DOGE) and Fantom (FTM) are surging on weekly charts, while investors eye Algotech’s (ALGT) presale for big gains. Massive Dogecoin (DOGE) transfer detected In a recent update, Whale Alert, the blockchain tracking service, reported […]
18 days agonulltx
BlockDAG’s Path to Prosperity for Stellar (XLM) Investors Amid Fantom Price Swings
P – Stellar (XLM) investors, S – Fantom crypto price, S – what crypto to invest in. Stellar (XLM) investors seeking what crypto to invest in the cryptocurrency market are turning their attention to BlockDAG, a project poised to redefine wealth creation. With over $7.8 million raised and 4 billion […]
20 days agocoindesk
First Mover Americas: Fantom’s FTM Outperforms Market Ahead of Upgrade
The latest price moves in bitcoin (BTC) and crypto markets in context for March 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
21 day agocoindesk
Fantom’s FTM is the Best Performing Non-Meme Token of the Past 30 Days
Fantom's impending Sonic upgrade, expected to boost transaction processing speeds, may have galvanized investor interest in the cryptocurrency.
38 days agocoindesk
Fantom Seeks Money Back From Multichain’s $200M Exploit
The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits of 2023.
64 days agocryptodaily
Optimism Rallies Ahead of Token Unlock, Fantom and KangaMoon Set for Massive Price Gains
The Optimism (OP) community is buzzing with anticipation for one of the biggest token unlocks in February. The altcoin price has continued to rise, despite the potential sell-off that the 24 million OP tokens due to be released in the next weeks could inject.
86 days agocryptopotato
Fantom Cuts Staking Requirements By 90% in a Bid to Bolster Security
The minimum staking threshold needed to run a validator has now dropped to 50k FTM.
86 days agocryptodaily
Fantom Beefs Up Security By Cutting Staking Requirement By 90%
The Fantom Foundation has made a significant move to enhance the security of its Layer-1 blockchain, Fantom, by slashing the self-staking requirement from 500,000 FTM to 50,000 FTM.
87 days agocoindesk
Fantom Slashes Validator Staking Requirements by 90%, FTM Prices Unchanged
The move could help improve network security as validators are more widely distributed across the world, developers said.
92 days agocryptodaily
3 Top Cryptos Under $1 to Invest in for 2024: Unveiling Hidden Gems
Explore the potential of three promising cryptocurrencies under $1 - Ripple (XRP), Stellar (XLM), and Fantom (FTM) - in 2024. Discover how market dynamics, regulatory shifts, and innovative projects are shaping investment opportunities in the crypto landscape.
98 days agonulltx
Fantom Exhibits Bullish ‘W’ Pattern; Borroe Finance Dominates AI Landscape
In the ever-evolving crypto universe, Fantom (FTM) is making headlines with its bullish ‘W’ pattern, a development that’s got traders and investors buzzing with excitement. Meanwhile, Borroe Finance ($ROE) is making its mark as a dominant player in the AI-driven crypto landscape. Let’s dive into why these two are the […]
100 days agocryptopotato
Here’s Why SEI Price Hit an ATH Today
With its market cap of nearly $1.8 billion, SEI surpassed crypto assets like SAND, AXS, and FTM.
108 days agocryptodaily
Crypto Titans Of Tomorrow: VeChain (VET), Fantom (FTM), And Pullix (PLX) Emerge As Front-runners
As the overall market is rebounding, investors are eagerly looking to find profit-making projects. VeChain (VET) and Fantom (FTM)
112 days agonulltx
Crypto Analyst Ali Martinez Makes a Bullish Shiba Inu (SHIB) and Fantom (FTM) Price Prediction, Pullix (PLX) Causes a Frenzy
Crypto analyst Ali Martinez recently provided a bullish forecast for Shiba Inu (SHIB) and Fantom (FTM). Martinez’s projections suggest an optimistic trajectory for these altcoins, fueling excitement within the crypto community. Simultaneously, the Pullix (PLX) crypto ICO event has triggered a frenzy in the market. In Stage 2 of its […]
113 days agonulltx
Bullish Wave: Fantom, Polkadot, and Meme Moguls Experience Soaring Growth
Fantom (FTM) has showcased a rebound from its bottom mark and has taken flight within the past few sessions. Its price has surpassed hurdles and has reached a swing at $0.43. Polkadot (DOT), on the other hand, is a blockchain platform built to enable multiple chains to work together in […]
117 days agonulltx
Fantom Poised For Potential over 50% Surge As Bitcoin Makes Good Strong Moves, Holding Its Position
With a keen focus on decentralization, security, and scalability, Fantom is positioning itself as a cutting-edge blockchain, aiming to address the limitations of Ethereum. Presently trading at $0.39, the $FTM token is displaying resilience and signs of recovery following a notable downturn from its peak in January 2022. Recent developments […]
121 day agocryptodaily
Fantom (FTM) & THETA Network (THETA) Prices Retrace, Pullix (PLX) Is Set To Take Markets By Storm
Fantom (FTM) and Theta Network (THETA) have been prominent names in the crypto sphere, known for their innovative technology.
123 days agocryptopotato
Another Bitcoin ETF Sent for Approval: Altcoin Season Has Officially Begun, Everlodge, Conflux, Fantom: Cryptos to Watch
Pando Asset AG recently submitted an application to the SEC for a Bitcoin ETF. This move places Pando among many contenders as it is now the 13th company to seek approval. This interest shows the growing appetite for cryptocurrencies, signaling the official start of the altcoin season. As the market awaits the SEC’s decision, investors […]
129 days agocryptodaily
Fantom Foundation Launches Sonic Labs, Opens 1m $FTM Grant Pool
The accelerator program under Sonic Labs will select up to five projects to join, with each receiving a share of the 1,000,000 FTM grant pool.
142 days agocryptodaily
Bullish Wave Sweeps Crypto Market: Fantom (FTM), Polygon (MATIC), and Meme Moguls (MGLS) Experience Soaring Growth
There is no doubt that 2023 has brought renewed hope to the cryptocurrency market. While Bitcoin (BTC) leads the way with the potential of an ETF being approved in the US
143 days agocointelegraph
Fantom Foundation awards $1.7M bounty for preventing $170M drain
In the aftermath of Fantom’s $550,000 hack in October, a security researcher found that the attacker could have stolen as much as $170 million.

About Fantom?

The live price of Fantom (FTM) today is 0.916089 USD, and with the current circulating supply of Fantom at 2,803,634,835.53 FTM, its market capitalization stands at 2,568,379,307 USD. In the last 24 hours FTM price has moved -0.06631 USD or -0.07% while 154,652,576 USD worth of FTM has been traded on various exchanges. The current valuation of FTM puts it at #51 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 Price0.916089 USD
Market Rank#51
Market Cap2,568,379,307 USD
24h Volume124,422,440 USD
Circulating Supply2,803,634,835.53 FTM
Max Supply3,175,000,000 FTM
Yesterday's Market Cap2,577,478,912 USD
Yesterday's Open / Close0.985645 USD / 0.919335 USD
Yesterday's High / Low0.999885 USD / 0.900104 USD
Yesterday's Change
-0.07% ( 0.06631 USD )
Yesterday's Volume154,652,576 USD
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