$FTM

📊 FTM/USDT Market News

Currently, Fantom (FTM) is trading around $1.03, with a daily drop of approximately 6.6%. Over the last month, FTM has seen a 60% surge, reflecting its potential as a promising DeFi and smart contract platform. However, market volatility and profit-taking have contributed to recent short-term dips.

💡 Key Updates:

1️⃣ Technical Patterns: Analysts note bullish signals, including a "cup and handle" formation, suggesting the potential for a significant breakout. Some predict a possible 200% surge if the pattern completes successfully.

2️⃣ Price Predictions: Short-term forecasts show moderate growth, with targets between $0.88–$1.04 over the next week. Long-term estimates for 2024 suggest highs of $1.89, contingent on market conditions.

3️⃣ Market Sentiment: With a market cap nearing $2.9 billion and daily trading volumes above $630 million, FTM demonstrates strong liquidity and investor interest.

🔮 Long-term Benefits

Fantom's unique DAG-based blockchain offers scalability, low transaction costs, and high speeds, making it an attractive choice for DeFi, NFTs, and enterprise adoption.

Partnerships and ecosystem growth enhance its position as a key player in Web3 infrastructure.

📈 How Much Will FTM Rise?

While FTM has seen a 221% increase over the last year, its future trajectory depends on broader crypto trends and ecosystem adoption. Analysts expect significant growth by 2025, potentially challenging previous all-time highs of $3.48 reached in 2021.