Big News!🔥🔥🔥 We are excited to announce that Fantom's canonical stablecoin, $USDC .e, will launch tomorrow (April 5), supported by @Circle and @Wormhole 🎉
USDC.e on Wormhole is bridged from native $USDC , located in a smart contract on Ethereum, and holds the potential to be upgraded to native USDC in the future. It will be the official, endorsed stablecoin of the #Fantom ecosystem (and all future network upgrades).
This initiative reduces liquidity fragmentation, introduces stability, and provides additional on-ramps onto the ecosystem. By leveraging the Wormhole Native Token Transfers (NTT) standard, USDC.e will be available to all users and developers on Fantom: #FantomSonic #ftm $ftm #fantom $USDC
TL;DR Sonic will be used to create a new best-in-class shared (decentralized) sequencer for L1 and L2 chains, capable of 180M daily transactions at sub-second finality, and serve as the foundation to relaunch Fantom as an entirely new community-centric brand. Lets go!🚀🚀🚀 #FTM. #ftmpump #ftm
100% agree with thos guy🤝 Dont believe on everything you read! Always #DYOR*
LIVE
Livio Picard
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Byczy
YOU'RE FUNDING THOSE WHO STEAL YOUR MONEY
On Binance Square, there are plenty of crypto influencers who recommend buying this or that cryptocurrency because, according to them, it will rise. What you don't understand is that it's in their interest for you to buy this cryptocurrency because they themselves are either: - already positioned on it for a long time - or in partnership with this cryptocurrency They will make you buy this crypto to make it rise, then sell it or take their check from the crypto project.
The worst part of all this? When you look at the comments of these individuals, you see the community thanking the person for the advice, and many people even go so far as to tip them by giving them a tip. But this is absurd, how is this possible? The community will lose its investment in the days that follow, and on top of that, they will financially thank the person who sent them into this mess? Seriously? What a joke.
Stop following crypto influencers who tell you to buy this or that crypto, in 95% of cases, you will lose your money. Also, financially support those who truly teach you: they are the ones who will make you money, not the others.
Note that I have no partnerships and that my posts are only paid for through your donations. Nothing else. This helps a lot. For those who want to thank me financially but are on an Apple device, you need to access my post via the internet (for example via Google) to have the tipping feature.
This post reflects my personal views.
Thank you for reading.
If you liked it, feel free to like, comment, share this post, and especially subscribe, it helps me a lot. And as I said, my only compensation comes from tips, so feel free to do so. Thank you so much to everyone who will do it.
Buy Signal: Fantom (FTM) is trading at $0.4150, up 4.05% today! 🎉 FTM/BTC and FTM/ETH increased by 3.26% and 2.45% respectively. In 5 days, FTM price is expected to increase by 28.57% and reach $0.515431. 📈 Market sentiment is optimistic and the fear & greed index is at 72 (Greed). Investors should be careful! 🧐#crypto#Phantom #FTM #Bitcoin
Fantom Price Prediction – FTM Price Estimated to Reach $ 0.515431 By Feb 23, 2024
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Fantom is up 4.05% today against the US Dollar
FTM/BTC increased by 3.26% today
FTM/ETH increased by 2.45% today
Fantom is currently trading 20.21% below our prediction on Feb 23, 2024
Fantom gained 12.12% in the last month and is down -24.28% since 1 year ago
FTM price is expected to rise by 28.57% in the next 5 days according to our Fantom price prediction
Fantom price today is trading at $ 0.411255 after gaining 4.05% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 2.76% in the same time period. FTM performed well against BTC today and recorded a 3.26% gain against the world’s largest cryptocurrency.
According to our Fantom price prediction, FTM is expected to reach a price of $ 0.515431 by Feb 23, 2024. This would represent a 28.57% price increase for FTM in the next 5 days.
FTM Price Prediction Chart
Buy/Sell Fantom
What has been going on with Fantom in the last 30 days
Fantom has been displaying a positive trend recently, as the coin gained 12.12% in the last 30-days. The medium-term trend for Fantom has been bullish, with FTM increasing by 23.07% in the last 3 months. The long-term picture for Fantom has been negative, as FTM is currently displaying a -24.28% 1-year price change. On this day last year, FTM was trading at $ 0.543103.
Fantom reached its all-time high price on Oct 28, 2021, when the price of FTM peaked at $ 3.47. The current FTM cycle high is $ 0.654477, while the cycle low is at $ 0.164761. FTM has been displaying low volatility recently – the 1-month volatility of the coin is at 6.04. Fantom recorded 15 green days in the last 30 days.
Fantom technical analysis for today - Feb 18, 2024
The sentiment in the Fantom markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.388890, $ 0.376907 and $ 0.366054, while $ 0.411725, $ 0.422578 and $ 0.434561 are the key resistance levels.
Bullish sentiment for Fantom
25 indicators are currently signaling a bullish prediction for Fantom, while 6 indicators are showing a bearish forecast. With 81% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Fantom.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 72 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Fantom moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Fantom is positioned in the market right now.
Period Value Action RSI (14) 53.34 NEUTRAL Stoch RSI (14) 80.36 SELL Stochastic Fast (14) 80.15 SELL Commodity Channel Index (20) 66.67 NEUTRAL Average Directional Index (14) 19.38 NEUTRAL Awesome Oscillator (5, 34) 0.03 NEUTRAL Momentum (10) 0.05 NEUTRAL MACD (12, 26) 0.01 NEUTRAL Williams Percent Range (14) -19.85 SELL Ultimate Oscillator (7, 14, 28) 59.93 NEUTRAL VWMA (10) 0.40 BUY Hull Moving Average (9) 0.41 SELL Ichimoku Cloud B/L (9, 26, 52, 26) 0.37 NEUTRAL
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Fantom is at 53.34, suggesting that FTM is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Fantom over the last 50 days. Currently, Fantom is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the FTM closing price for the last 200 days. FTM is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Fantom prediction
After considering the above factors, we can conclude that the current forecast for Fantom price prediction is Bullish. FTM would have to increase by 28.57% to hit our $ 0.515431 target within the next five days. Moving forward, it will be important to monitor the FTM market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Fantom price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Going to #ETHDenver? Join the Fantom team for an after-hours event highlighting our DeFi ecosystem, developer tooling, plus #Fantom Sonic updates.
🧠 Learn from @michaelfkong how Sonic is changing the game for dApps, users, and node operators.
🎤 Catch Fantom’s @SjHarcourt @juanaxyz00 chatting with @PythNetwork & @Equalizer0x about building on high throughput blockchains + the necessity of reliable oracle solutions. #Write2Earn #FTM $FTM #Ethereum(ETH) #TrendingTopic
#FTM/USDT Technical Analysis: Bullish Forecast with Long-Term Goals ▪️Profit Analysis: Currently trading around $0.4 and has risen to $0.6, so 200% of the profit has already been made and is still potential. ▪️ Chart Analysis: $FTM Forms Cup and Handle Pattern on HTF, Breakout Already Confirmed and Huge Rise Expected in Bull Run! ▪️ Long Term Goals: #Fantom could skyrocket to $10 on the next bull run, a potential 30-40x increase! 📷 ▪️ Support/Resistance: Support at $0.3 and $0.2. Resistance at $0.46, $0.60, $1.18, $3.31. ▪️ Goals: $0.46 ✅ and $0.60 ✅ ▪️ Breakout confirmed in HTF, so bullish momentum ▪️ Opportunity to accumulate: Every fall is a chance to accumulate. ▪️Strong support at $2 makes this position a nice entry point! ▪️Conclusions: - Cup and handle pattern = bullish trend. - Breakout + Retest = Double confirmation means super bullish. - Research before investing - Let's ride the #Fantom wave! #FTM #BTC #ETH #write2Earn
I was bullish short-term from $40k because there were possibilities of reaching $50k. It just got hit. Now what?
I'm expecting a rejection of $BTC from the $50k level while alts keep pumping more, forming a divergence. After that, the entire market should reverse. #NFA #FTM #Fantom #BTC
Fantom Opera: Redefining Blockchain With DAG Technology
Fantom is an interesting blockchain project that already has real use cases and deserves the title of one of the best platforms for decentralized applications. High competition can’t hinder its rapid development – new blockchain projects aimed at scalability and speed appear on the market with enviable regularity, since this is the main pain point for users at the moment. However, today we will discuss the Fantom Opera mainnet, which is also compatible with the Ethereum Virtual Machine and provides full smart contracts support through Solidity.
What is Fantom Opera?
The primary aspect that distinguishes Fantom from other layer 1 blockchain implementations is the utilization of DAG. One of the initial considerations regarding blockchain might pertain to the block of data linked with the preceding block alongside the remaining blocks.
If you pondered Fantom blockchain, then it should encompass all blocks interconnected together in an unbreakable sequence. The unbreakable sequence documents all the transactions on the relevant network. On the other hand, layer 1 or mainnet deployment of Fantom i.e. Fantom Opera operates as a Directed Acyclic Graph or DAG.
The OPERA Chain is the central module of Fantom infrastructure to tackle the scalability issues of the traditional blockchain models. Not only that, It employs Scala — a functional programming language — to produce bytecode on the FANTOM Network.
The OPERA Chain Consists of Three Main Layers:
-Core Layer: for processing transactions.
-Ware Layer: offers APIs, smart contracts production tools, wallets, etc.
-Application Layer: for third-party applications.
The DAG essentially entails a tree of nodes as well as vertices, akin to the blocks in the blockchain. The vertices or nodes are linked to one another through one or multiple edges, similar to the cryptographic correlation between blocks in a blockchain. Fantom utilizes this design to evade the classical blockchain structure. Each vertex or node in Fantom is essentially a block featuring a collection of transactions utilized in the network. Owing to the asynchronous operations of the network, network stakers could generate new transactions at any moment.
Fantom allows the flexibility to associate the transaction blocks with one or multiple vertices. Consequently, Fantom FTM network can exhibit a clearly defined cross-link structure in the form of a DAG. The cross-linked structure aids in creating seamless documentation of every occurrence on the network with speed and security. With the transaction confirmation time at approximately 1 second, the Fantom Opera Chain is an integral technology underlying the operation of Fantom. Users can explore the mainnet deployment through the network’s block browsers.
At The End
Opera is a secure and rapid environment to construct decentralized applications. Not only that, It is also entirely permissionless and open-source. Driven by Fantom’s aBFT consensus algorithm, it harnesses its velocity and fast finality and is ready for real-world applications with no risks of congestion or prolonged confirmation periods.
The post Fantom Opera: Redefining Blockchain with DAG Technology first appeared on The VR Soldier.
🌟✨ Get Ready to Ride the Wave of Success with Fantom! 🚀💰
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🌈 Picture this: A future where transactions are lightning-fast, fees are non-existent, and scalability knows no bounds. That's the promise of Fantom, and trust us when we say, the future looks brighter than ever before! With its groundbreaking technology and visionary team behind it, Fantom is not just another coin – it's a ticket to prosperity!
📈 But wait, it gets even better! In recent days, Fantom has already taken the crypto world by storm with its meteoric rise. The surge in value is just the beginning of what promises to be an epic journey to the moon and beyond. And guess what? You have a front-row seat to this once-in-a-lifetime opportunity!
💼 So, why wait? Seize the moment and join the ranks of savvy investors who are positioning themselves for unparalleled success. Whether you're a seasoned trader or a newcomer to the world of crypto, Fantom offers something for everyone – the chance to turn dreams into reality and fortunes into legacies.
🚀 Strap in, hold on tight, and get ready to soar to unimaginable heights with Fantom. The future is bright, the possibilities are endless, and the time to act is NOW! Don't miss out on your chance to be part of history in the making. Get in on the action and let Fantom lead you to a future of abundance and prosperity! 🌟💎
Michael Kong (@michaelfkong) shared insights into the role of Fantom Sonic and how it facilitates a transition for developers familiar with Ethereum. The release of Sonic aims to dramatically improve consensus, allowing for over 2,000 TPS and 1s TTF #ftm #Fantom: #FantomFoundation #FantomCommunity
Thank you, Binance, for being the platform that introduced me to the fascinating world of cryptocurrencies. Your educational resources and user-friendly interface have made learning about crypto a truly enjoyable experience. I am grateful for the knowledge I have gained and the opportunities that lie ahead. Keep up the excellent work!