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Cryptocurrencies/Coins/Fasttoken (FTN)
Fasttoken price, market cap on Coin360 heatmap

Fasttoken(FTN)

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$3.1707
(-0.18%)
0.00003313 BTC
Market Cap (Rank#117)
$966,587,634
10,099 BTC
Vol 24h
$41,662,026
435.269 BTC
Circulating Supply
304,850,250
Max Supply
1,000,000,000
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About Fasttoken?

The live price of Fasttoken (FTN) today is 3.1707 USD, and with the current circulating supply of Fasttoken at 304,850,250 FTN, its market capitalization stands at 966,587,634 USD. In the last 24 hours FTN price has moved 0.0007 USD or 0.00% while 13,331,831 USD worth of FTN has been traded on various exchanges. The current valuation of FTN puts it at #117 in cryptocurrency rankings based on market capitalization.

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

What is Fasttoken?

Fasttoken (FTN) is the native currency of Bahamut, a layer-1 public blockchain solution built on the Ethereum Virtual Machine (EVM). In essence, Fasttoken is designed to support all staking, block creation, and validation mechanisms within the Bahamut network. It aims to deliver the full benefits of a tokenized economy to its users and provide a secure and efficient way to engage with the blockchain and its associated platforms.


What is FTN Crypto?

FTN crypto refers to the digital currency that powers the Bahamut blockchain. Launched initially as an ERC-20 token within the SoftConstruct and Fastex ecosystems, FTN has since migrated to its native Bahamut blockchain. This migration began with the launch of the Bahamut mainnet on May 3, 2023, and continues to progress smoothly.

The FTN token serves as the gas unit for transactions, enabling staking, block creation, and validation. Additionally, Fasttoken is integral to cross-chain operations, allowing users to interact with other blockchains and decentralized applications (dApps).

One of the most compelling aspects of FTN crypto is its role within the Fastex Ecosystem. Here, Fasttoken is used for a variety of purposes, from gaming and e-commerce to business settlements. Its versatility and widespread use make FTN a valuable asset for anyone looking to engage with blockchain technology on a deeper level.


Which Blockchain Does Fasttoken FTN Work On?

Besides Ethereum, Fasttoken FTN also operates on the Bahamut blockchain. Bahamut is built on the Ethereum Virtual Machine (EVM), which makes it compatible with existing Ethereum-based dApps and smart contracts. However, what truly sets Bahamut apart is its novel consensus mechanism—Proof of Stake and Activity (PoSA).

PoSA introduces a new dynamic to the staking process by incorporating an activity parameter. This means that the amount of gas used by a validator's smart contracts plays a significant role in determining block rewards. The more active a validator's smart contract is, the higher the chances of being selected as a block proposer. 


What Was the Public Sale Price of Fasttoken?

The public sale of Fasttoken was a pivotal moment for the project, marking its successful entry into the broader cryptocurrency market. During this three-day event, all 10 million FTN tokens were sold out. The tokens were available at a price of €0.35 per token. This successful sale set the stage for Fasttoken's future growth as more users joined the Bahamut network.


Where Can I Buy Fasttoken?

If you're looking to purchase Fasttoken, you have several options. The most popular platform for trading FTN token is Fastex, where the FTN/USDT trading pair sees the highest volume. Fastex offers a user-friendly interface and robust security features, making it an ideal choice for both novice and experienced traders.

In addition to Fastex, Fasttoken is also available on other centralized exchanges like MEXC and BingX. These platforms provide additional liquidity and trading opportunities.


Is Fasttoken a Good Investment?

Deciding whether Fasttoken FTN is a good investment involves weighing several factors. On one hand, FTN crypto offers unique opportunities thanks to its innovative PoSA consensus mechanism and its integration within the Fastex Ecosystem. On the other hand, like any cryptocurrency, it comes with inherent risks. Let's break it down:

Should I Invest in FTN?

Reasons for Investing in FTN   Reasons Against Investing in FTN   
 
  1. Unique Consensus Mechanism (PoSA): The PoSA consensus model rewards not just staking but also the activity generated by smart contracts, making FTN coin more than just a typical PoS token.
  2. Strong Community Support: With a global community of 50,000+ members and growing, Fasttoken has strong backing and engagement, contributing to its overall stability.
  3. Growing Ecosystem: Fasttoken FTN is part of the Bahamut ecosystem, which is expanding rapidly with new dApps, staking opportunities, and integrations.
 
  1. Market Volatility: Like all cryptocurrencies, FTN crypto is subject to significant price fluctuations, which can lead to potential losses.
  2. Regulatory Risks: Cryptocurrency regulations are evolving, and FTN crypto could be impacted by future legal changes.
Fasttoken Price3.1707 USD
Market Rank#117
Market Cap966,587,634 USD
24h Volume41,662,026 USD
Circulating Supply304,850,250 FTN
Max Supply1,000,000,000 FTN
Yesterday's Market Cap967,998,080 USD
Yesterday's Open / Close3.1746 USD / 3.1753 USD
Yesterday's High / Low3.1875 USD / 3.1728 USD
Yesterday's Change
0.00% ( 0.0007 USD )
Yesterday's Volume13,331,831 USD
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