FTM (Fantom) is the native cryptocurrency of the Fantom Network, a decentralized, open-source blockchain platform focused on smart contracts, decentralized applications (dApps), and DeFi (decentralized finance) solutions. Here are some key points about FTM:$FTM
- _Symbol_: FTM
- _Consensus Algorithm_: Lachesis (a variant of Proof of Stake)
- _Total Supply_: 3.175 billion FTM tokens
- _Circulating Supply_: Approximately 2.5 billion FTM tokens
- _Use Cases_:
- Smart contracts
- Decentralized applications (dApps)
- DeFi (decentralized finance) solutions
- Governance
- _Unique Features_:
- High-performance blockchain platform
- Low transaction fees
- Fast transaction processing
- Compatibility with Ethereum Virtual Machine (EVM)
Fantom aims to provide a fast, secure, and scalable platform for decentralized applications and DeFi solutions.
Current Price (approximate):
- Price: $0.25
- Market Cap: $625 million
- 24h Volume: $50 million
References:
1. Fantom Website
2. CoinMarketCap
3. CoinGecko
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