Fantom, a Layer-1 blockchain platform, is promoting the concept of "safer memecoins" by allocating $6.5 million in FTM tokens as rewards for developers. The initiative aims to tap into the nearly $50 billion sector.

Fantom Foundation CEO Michael Kong plans to establish a framework for launching "safer memecoins" by implementing both technical and non-technical safeguards to prevent projects from being fraudulent rugs or scams.

#fantom #Memecoins #Megadrop #FantomFoundation #FantomCommunity

FANTOM's Wave Analysis : Preparing for Wave 5?**

#FANTOM. #FantomFoundation #FantomCommunity #Write2Earn! #BinanceSquareFamily

Current analysis indicates that FANTOM is likely in a wave 4 decline, with market movements suggesting a triangle formation. This setup typically signals a continuation pattern, potentially leading to further downside before completing wave 4. Once this phase concludes, traders can expect a subsequent move into wave 5, which historically suggests a bullish reversal.

Conclusion & Advice :
As FANTOM navigates through this corrective wave, it’s essential for traders to monitor price action closely. Anticipating the completion of wave 4 could provide a strategic entry point for wave 5. Ensure to set stop-loss orders to manage risk during this uncertain phase. Stay alert to market signals as this wave pattern unfolds.

Michael Kong (@michaelfkong) shared insights into the role of Fantom Sonic and how it facilitates a transition for developers familiar with Ethereum.
The release of Sonic aims to dramatically improve consensus, allowing for over 2,000 TPS and 1s TTF
#ftm #Fantom: #FantomFoundation #FantomCommunity

"Fantom (FTM) Shows Potential: Key Levels to Watch"

#Fantom #FantomCommunity #Binance. #BinanceSquareFamily #Bitcoin❗

Fantom (FTM) has broken its downtrend and appears promising.

The current weekly candle closing above $0.50 would signal an extremely bullish outlook, while a close above $0.47 would still be considered bullish. However, if the weekly candle closes below $0.47, this bullish scenario would be invalidated.

Advice :
- Monitor Key Levels :** Watch for the weekly candle’s closing price relative to $0.47 and $0.50. These levels will indicate the strength of the bullish trend.

-Consider Profit-Taking :** If the price reaches between $0.920 and $1.000, it might be a good idea to take some profits.
Conclusion :

Fantom’s recent performance suggests positive momentum. To capitalize on this, observe the weekly close for confirmation and be prepared to take profits if the price hits the upper target range.

Fantom (FTM) Upgrade…

Fantom is undergoing a major transition to its Sonic network, which will greatly increase its transaction capacity. This technical improvement, coupled with a multi-year support bounce, is expected to drive FTM prices up by over 130%
#FantomFTM #FantomSonic #FantomCommunity #FANTOM $FTM