FTM (Fantom) is a cryptocurrency token that powers the Fantom blockchain network, a decentralized platform focused on building a scalable and secure smart contract platform. Here are some key points about FTM:

- Symbol: FTM

- Blockchain: Fantom

- Type: Utility token

- Supply: 3,175,000,000 FTM (maximum supply)

- Price: Around $0.25 (fluctuates due to market conditions)

- Market Capitalization: Approximately $600 million

- Use Cases:

- Smart contracts

- Decentralized applications (dApps)

- Decentralized finance (DeFi)

- Governance

- Payment transactions

- Features:

- High scalability

- Fast transaction speeds (less than 2 seconds)

- Low transaction costs

- Modular architecture

- Decentralized governance

Fantom aims to provide a scalable and secure platform for smart contracts and decentralized applications, with a focus on high performance and low costs. FTM tokens are used to pay for transaction fees, participate in governance, and access decentralized applications on the Fantom network.

Note: Fantom uses a unique consensus algorithm called Lachesis, which is a proof-of-stake (PoS) algorithm that allows for high scalability and fast transaction speeds.$FTM