FantomSonic
3,474 views
6 Posts
Hot
Latest
Fantom (FTM) Amid the Fantom Sonic Upgrade
Fantom Sonic, the latest upgrade to the Fantom blockchain, brings significant enhancements aimed at improving scalability and efficiency. These features include a transaction throughput of over 2,000 transactions per second (TPS), sub-second finality, and a 90% reduction in storage requirements. These advancements have spurred considerable excitement and investor confidence in Fantom's native token, FTM.
Current Market Impact:
Increased Trading Volume: Following the Fantom Sonic announcement, the trading volume for FTM has surged dramatically. Decentralized exchanges (DEXs) on Fantom, such as SpookySwap, recorded a 163.3% increase in volume, with overall DEX volumes nearly doubling in the past week. The 24-hour trading volume for FTM recently reached approximately $545 million, indicating heightened market activity and investor interest.Price Surge: The price of FTM has seen substantial growth, rising from around $0.3871 at the end of February to over $0.87, marking a significant gain. This price surge reflects strong market confidence in the new features introduced by Fantom Sonic and the potential for further price appreciation.
Trading Advice:
Leverage Current Momentum: Given the current market excitement and increased trading volume, traders might consider capitalizing on the momentum by entering positions in FTM. The enhanced capabilities of Fantom Sonic are likely to attract more developers and users to the platform, sustaining the demand for FTM.Monitor Key Resistance Levels: FTM is approaching critical resistance levels, with potential for further upside. Traders should closely monitor these levels to identify potential breakout points. Surpassing these resistance levels could trigger a substantial rally toward higher price targets.Stay Informed on Developments: Keeping up-to-date with ongoing developments related to Fantom Sonic is crucial. Updates on the mainnet launch scheduled for Q3 2024 and other enhancements can provide further trading opportunities and insights into market sentiment (DataWallet).Consider Long-Term Investment: The improvements brought by Fantom Sonic, such as reduced storage costs and increased transaction speeds, position Fantom as a robust platform for future growth. Long-term investors might find value in holding FTM as the platform continues to evolve and attract more users and projects.
Conclusion:
The Fantom Sonic upgrade has significantly boosted the market outlook for FTM. Traders should leverage the increased market activity and monitor key resistance levels for potential trading opportunities. Staying informed on Fantom's developments and considering the long-term potential of the platform can help in making well-informed trading decisions. The current price of FTM, around $0.87, reflects the positive market sentiment and the potential for continued growth as the Fantom ecosystem expands .
#notcoin #FantomSonic #altcoins #MemeWatch2024
Current Market Impact:
Increased Trading Volume: Following the Fantom Sonic announcement, the trading volume for FTM has surged dramatically. Decentralized exchanges (DEXs) on Fantom, such as SpookySwap, recorded a 163.3% increase in volume, with overall DEX volumes nearly doubling in the past week. The 24-hour trading volume for FTM recently reached approximately $545 million, indicating heightened market activity and investor interest.Price Surge: The price of FTM has seen substantial growth, rising from around $0.3871 at the end of February to over $0.87, marking a significant gain. This price surge reflects strong market confidence in the new features introduced by Fantom Sonic and the potential for further price appreciation.
Trading Advice:
Leverage Current Momentum: Given the current market excitement and increased trading volume, traders might consider capitalizing on the momentum by entering positions in FTM. The enhanced capabilities of Fantom Sonic are likely to attract more developers and users to the platform, sustaining the demand for FTM.Monitor Key Resistance Levels: FTM is approaching critical resistance levels, with potential for further upside. Traders should closely monitor these levels to identify potential breakout points. Surpassing these resistance levels could trigger a substantial rally toward higher price targets.Stay Informed on Developments: Keeping up-to-date with ongoing developments related to Fantom Sonic is crucial. Updates on the mainnet launch scheduled for Q3 2024 and other enhancements can provide further trading opportunities and insights into market sentiment (DataWallet).Consider Long-Term Investment: The improvements brought by Fantom Sonic, such as reduced storage costs and increased transaction speeds, position Fantom as a robust platform for future growth. Long-term investors might find value in holding FTM as the platform continues to evolve and attract more users and projects.
Conclusion:
The Fantom Sonic upgrade has significantly boosted the market outlook for FTM. Traders should leverage the increased market activity and monitor key resistance levels for potential trading opportunities. Staying informed on Fantom's developments and considering the long-term potential of the platform can help in making well-informed trading decisions. The current price of FTM, around $0.87, reflects the positive market sentiment and the potential for continued growth as the Fantom ecosystem expands .
#notcoin #FantomSonic #altcoins #MemeWatch2024
Did you buy the $FTM and $WIGO dip?
#Altseason hasn't Started yet!
It will Start in May 2024 (after Halving).Accumulate and HODL your Altcoin Bags with patience(Patience will pay off). Early Sellers will Regret later. Avoid Panic selling.
This is just a beginning. ✍️🏻
$FTM #pepe
#FantomSonic #TrendingTopic
#Altseason hasn't Started yet!
It will Start in May 2024 (after Halving).Accumulate and HODL your Altcoin Bags with patience(Patience will pay off). Early Sellers will Regret later. Avoid Panic selling.
This is just a beginning. ✍️🏻
$FTM #pepe
#FantomSonic #TrendingTopic
Big News!🔥🔥🔥
We are excited to announce that Fantom's canonical stablecoin, $USDC .e, will launch tomorrow (April 5), supported by @Circle and @Wormhole 🎉
USDC.e on Wormhole is bridged from native $USDC , located in a smart contract on Ethereum, and holds the potential to be upgraded to native USDC in the future. It will be the official, endorsed stablecoin of the #Fantom ecosystem (and all future network upgrades).
This initiative reduces liquidity fragmentation, introduces stability, and provides additional on-ramps onto the ecosystem. By leveraging the Wormhole Native Token Transfers (NTT) standard, USDC.e will be available to all users and developers on Fantom:
#FantomSonic #ftm $ftm #fantom $USDC
We are excited to announce that Fantom's canonical stablecoin, $USDC .e, will launch tomorrow (April 5), supported by @Circle and @Wormhole 🎉
USDC.e on Wormhole is bridged from native $USDC , located in a smart contract on Ethereum, and holds the potential to be upgraded to native USDC in the future. It will be the official, endorsed stablecoin of the #Fantom ecosystem (and all future network upgrades).
This initiative reduces liquidity fragmentation, introduces stability, and provides additional on-ramps onto the ecosystem. By leveraging the Wormhole Native Token Transfers (NTT) standard, USDC.e will be available to all users and developers on Fantom:
#FantomSonic #ftm $ftm #fantom $USDC
#FantomSonic soon 🚀🚀🚀
LIVESilentrocket
--
$FTM HODLers! Buckle up for some serious news from Fantom HQ! 😉🔥👇
FTM has been on a tear lately, surging over 36% since May 15th and trading around $0.8802 now. 🚀🔥That's some serious momentum, and some folks are saying this news about Sonic might be fueling the fire.
Speaking of Sonic, get ready for a next-gen blockchain upgrade! Fantom's building a whole new network called Sonic with its own token, "S", to take the place of FTM. But don't sweat it, FTM fam, you can smoothly swap your FTM for S at a 1:1 ratio (gotta vote on it though, voting just started!).
Here's the juicy part: Sonic promises lightning-fast transactions (2,000 TPS!) 💥and even lower fees compared to the older Opera network. Plus, they're building a special bridge thingy that lets you play with your ETH and other goodies on Ethereum from Sonic. Fancy, right?
The Fantom crew wants to keep the community in the loop, so they're holding votes to decide how things will work on Sonic. Proposal 1 is live right now, 🤟and it's about swapping FTM for S. So far, the vote is overwhelmingly positive (99.7%!), but they need more people to join in to make it official (gotta hit 55% total votes).
The voting window is open for 29 days, so plenty of time to jump in and have your say. You can find more info and cast your vote on the Fantom.network website.
So, what do you think? Faster transactions, lower fees, and a fancy new bridge? Sounds like Fantom is setting the stage for a stellar future! ✨🤷#FTM #altcoins
FTM has been on a tear lately, surging over 36% since May 15th and trading around $0.8802 now. 🚀🔥That's some serious momentum, and some folks are saying this news about Sonic might be fueling the fire.
Speaking of Sonic, get ready for a next-gen blockchain upgrade! Fantom's building a whole new network called Sonic with its own token, "S", to take the place of FTM. But don't sweat it, FTM fam, you can smoothly swap your FTM for S at a 1:1 ratio (gotta vote on it though, voting just started!).
Here's the juicy part: Sonic promises lightning-fast transactions (2,000 TPS!) 💥and even lower fees compared to the older Opera network. Plus, they're building a special bridge thingy that lets you play with your ETH and other goodies on Ethereum from Sonic. Fancy, right?
The Fantom crew wants to keep the community in the loop, so they're holding votes to decide how things will work on Sonic. Proposal 1 is live right now, 🤟and it's about swapping FTM for S. So far, the vote is overwhelmingly positive (99.7%!), but they need more people to join in to make it official (gotta hit 55% total votes).
The voting window is open for 29 days, so plenty of time to jump in and have your say. You can find more info and cast your vote on the Fantom.network website.
So, what do you think? Faster transactions, lower fees, and a fancy new bridge? Sounds like Fantom is setting the stage for a stellar future! ✨🤷#FTM #altcoins
