Why did FTM surge on Binance's gainer list today? Can you still buy it? Here's an analysis for you!

[What is FTM? ] FTM is an L1 public chain launched in 2018.

The soul of FTM is AC (Andre Cronje), who has a technical background and led FTM to make great breakthroughs in technology. He also created star projects such as Yearn Finance and Phantom. He was the leader of the last round of DeFi craze. AC also personally guided the launch of the new Fantom Sonic public chain.

Market value: $2.5 billion

TVL: $140 million

[Why did FTM surge? ]

1. Good news announced: Fantom launched a new proposal to launch a new L1 chain Sonic Network. FTM will be exchanged for Sonic's native token $S at a 1:1 ratio, adding new capabilities to FTN.

2. Launching the new chain Sonic, the foundation allocated hundreds of millions of dollars in FTM to support the development of the Sonic ecosystem, including marketing, business development, migration grants, etc., bringing more attention to Fantom. This move gives the market enough confidence to hold FTM. #美国4月CPI数据回落 #BTC走势分析 #山寨币热点 #5月市场关键事件 #Megadrop

[What is Fantom Sonic?]

Fantom Sonic is a new generation of high-performance Fantom network with advantages such as low cost, scalability, speed and security. The transaction limit is more than 2,000 transactions per second, and the average termination time is only one second. The guidance 📡 1742540051 will replace the previous Fantom Opera, which can be understood as Fantom 2.0 version.

[Can I get on board now?]

As early as April 20, when the price was $0.7, BitEagle asked everyone to buy in the group, and it has now made a profit of 22%.

If you haven’t gotten on board yet, it is recommended to buy in batches and take profits in batches when the price rises to around $1.2.