Fantom: A Sneak Peak
While fiat currencies are losing their sheen in the recessionary phase of world economies, cryptocurrencies are gaining 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.
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 a detailed Fantom price prediction, check out the overview.
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 accounts 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.
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Blockchain Algorithm
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 the 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, and 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.
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Fantom: Partnerships & Collaborations
Fantom Foundation has announced many partnerships & collaborations. Companies can build Fantom-based private/permission blockchain networks using its plug-and-play feature. It provides them with 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.
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Fantom (FTM): Historical Analysis
Fantom is no exception in the crypto world. It has also witnessed its ups and down many times, but what it now seems to be set is as if it is racing to make a 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 correcting downwards. The price of Fantom faced a continual bearish trend till the March crash of 2020.
On March 13, 2020, Fantom marked an all-time low of $0.001953. Later, it started a tremendous bull run which took its value above $0.05 in September 2020. However, after recording significant growth, FTM faced a massive downfall, and at the end of 2020, the Fantom price retested $0.4595.
Since the beginning of 2021, 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 the July. In October 2021, Fantom registered a new all-time high of $3.48.
FTM again tried to create a new ATH in January 2022 but faced resistance at $3 and could not surpass it. After that, the coin continued to trade in the downward direction with negative momentum. It currently trades at around $0.4595.
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Experts’ View on Fantom (FTM) Price Forecast
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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 not expected, the price prognosis for 2024 is $0.0543. FTM can be a bad, high-risk 1-year investment option.
Wallet Investor
The Fantom price predictions by applying technical analysis is forecasted to reach $0.5915 by 2024. The expected maximum price is $0.7311, minimum price $0.4971. The Fantom price prediction for the end of the month is $0.4971.
Crypto Predictions
According to Fantom Forecast by GOV Capital, the Fantom price is predicted to reach $1.583 by the year 2024 and $8.369 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 $1.01 by the end of 2024 and $2.07 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 $0.60.
Price Prediction
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Yearly Fantom Price Prediction: 2024-2030
Fantom price brought past investors massive good returns. The current market cap of Fantom (FTM) is $1,086,888,213, and the circulating supply of 2,803,634,836 FTM. The 24-hour trading volume of Fantom is $91,355,267, and the current price action of FTM stands around $0.3875.
Fantom Crypto Price Prediction 2024
Racing up to climax will not be difficult for Fantom holds as additional short-term and long-term price targets can be found to buy Fantom or sell FTM. Starting with a minimum of $0.35 in the long term, it may cross $1.00 and gain future results.
Fantom Price Prediction 2025
FTM, though plummeted, 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 up to $1.51 by the end of 2025.
FTM Coin 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’s price soar to $1.90, making it the maximum value for the year. The average price in the year 2026 would be $1.61.
Fantom Price Forecast 2027
With partnerships and community funding, the trading cryptocurrency market looks back at FTM crypto performed; the predicted price of Fantom cryptocurrency will reach a maximum price of $2.36, an average price may be around $2.00, while the minimum price may be $1.64, which is quite optimistic but surely feasible.
Fantom Prediction 2028
In 2028, the FTM token is expected to trade at a maximum of $2.95, with a minimum price of $2.05. At the same time, the average price for the year 2028 may be around $2.50 based on our FTM price prediction.
FTM Price Prediction 2029
According to our Fantom price prediction, the token is anticipated to have minimum, average, and maximum prices of around $2.55, $3.11, and $3.67, respectively. Investors may not earn grand profits, but they will definitely earn decent profits from FTM.
Fantom Price Prediction 2030
By the time it is 2030, the FTM token may have reached a peak of $4.59, which will also be the maximum price for the year. In comparison, the minimum and average prices may be around $3.19 and $3.89, respectively.
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FAQs
Is the FTM coin a good investment?
Yes, definitely. 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 decision 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 time 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 algorithms 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 of the Fantom price forecast.
When will Fantom reach $100?
It is said, according to the Fantom (FTM) price prediction, that Fantom may not reach $100 anytime soon.
Should anyone invest in Fantom?
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One should always do research and analysis and then decide whether to invest or not. Cryptocurrencies are highly risky, so one should never invest more than a limited amount price.
Will Fantom’s price go up?
According to the Fantom price predictions, by 2024, the price will reach up to $0.99 and up to $1.90 in the year 2026.
How many Fantom coins are present?
Currently, there are 2,783,637,366 circulating supplies of Fantom coins and a max. supply of 3,175,000,000 Fantom coins.
Fantom (FTM)
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