$FTM the downward trend is becoming stronger:
Binance has just announced support for converting Fantom (FTM) tokens into Sonic (S) with the following important changes:
1. Stop trading FTM:
Time: 10:00 on 13/01/2025.
Cancelled trading pairs: FTM/BTC, FTM/BNB, FTM/ETH, FTM/EUR, FTM/FDUSD, FTM/TRY, FTM/USDC, FTM/USDT.
2. Open trading for Sonic (S):
Time: 15:00 on 16/01/2025.
Trading pairs: S/BTC, S/BNB, S/ETH, S/EUR, S/FDUSD, S/TRY, S/USDC, S/USDT.
3. Deposit/Withdrawal of tokens:
Stop depositing/withdrawing FTM: 10:30 on 13/01/2025.
Open deposit for token S: 14:00 on 16/01/2025.
4. Margin and Futures:
Stop margin borrowing: 24/12/2024.
Stop opening Futures positions: 06/01/2025.
About Sonic:
Exchange rate: 1 FTM = 1 S.
Initial supply: 3.175 billion S.
Features: Governance, staking, transaction fee payments.
Performance: Processes up to 10,000 transactions/second, instant confirmation.
Sonic marks a strategic repositioning of Fantom with superior potential and easy conversion support through the MySonic platform in the first 90 days.
Don't worry, this won't affect FTM too much