$FTM To The Moon?

The price of the original token from the Fantom blockchain platform, namely FTM, perienced a sharp increase of more than 71 percent in the last month until October 2, 2024. This token is now worth US$ 0.6850 after starting to rise since September 6.

Reporting from cointelegraph.com, the price of $FTM rose from US$ 0.3574 on September 6 to its highest point of US$ 0.7642 on October 1. This shows an increase of more than 100 percent in less than one month, which shows the market's confidence in Fantom

$FTM price increase was fueled by enthusiasm for the upcoming major update, the so-called Sonic update, as well as Fantom token rebranding plans. This update is expected to roll out in late 2024.