The rise is driven by a growth in daily active addresses, according to Santiment, and the increasing demand for Fantom’s decentralized finance (DeFi) platform.
Fantom Daily Address Activity
Courtesy: Santiment
It is anticipated that the upcoming “Sonic” upgrade will boost Fantom’s standing in the DeFi sector, as it has experienced a decrease recently, with TVL decreasing from $15 billion to around $320 million.
With the enhancement, Fantom is looking to regain its leading position in the world of DeFi and substantially increase the value of its token. Should Fantom surpass the $1.20 resistance level, it may soar to $2.77 or above, providing substantial short-term profits.
Analysts foresee a sustained period of optimism, with certain individuals predicting a 15-fold surge as the industry further develops by 2025.
2. Minotaurus (MTAUR) – A Gaming-Focused Altcoin to Watch
Minotaurus (MTAUR) is causing a stir in the blockchain gaming industry. Currently in its presale phase, MTAUR tokens are selling for 0.00006001 USDT, which is approximately 70% less than the expected price of 0.00020 USDT upon listing. Initial participants have witnessed a 50% rise in the value of their holdings, showcasing the token’s potential for growth.
The project has already raised more than 300,000 USDT in its presale, and excitement is increasing due to referral bonuses, promotions, and the ongoing 100,000 USDT giveaway. Minotaurus has gained a lively community with a focus on casual gaming and has passed security audits by SolidProof and Coinsult, guaranteeing a secure environment for supporters.Rewrite it in different wordings, more attractive, and in Professional way but overall meaning remain same. I need everything changed so no one can report because of similarities index. I want 0% plagiarism report
