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Fantom, a Layer-1 blockchain platform, is promoting the concept of "safer memecoins" by allocating $6.5 million in FTM tokens as rewards for developers. The initiative aims to tap into the nearly $50 billion sector.
Fantom Foundation CEO Michael Kong plans to establish a framework for launching "safer memecoins" by implementing both technical and non-technical safeguards to prevent projects from being fraudulent rugs or scams.
#fantom #Memecoins #Megadrop #FantomFoundation #FantomCommunity
Fantom Foundation CEO Michael Kong plans to establish a framework for launching "safer memecoins" by implementing both technical and non-technical safeguards to prevent projects from being fraudulent rugs or scams.
#fantom #Memecoins #Megadrop #FantomFoundation #FantomCommunity
Fantom (FTM) Upgrade…
Fantom is undergoing a major transition to its Sonic network, which will greatly increase its transaction capacity. This technical improvement, coupled with a multi-year support bounce, is expected to drive FTM prices up by over 130%
#FantomFTM #FantomSonic #FantomCommunity #FANTOM $FTM
Fantom is undergoing a major transition to its Sonic network, which will greatly increase its transaction capacity. This technical improvement, coupled with a multi-year support bounce, is expected to drive FTM prices up by over 130%
#FantomFTM #FantomSonic #FantomCommunity #FANTOM $FTM
FANTOM's Wave Analysis : Preparing for Wave 5?**
#FANTOM. #FantomFoundation #FantomCommunity #Write2Earn! #BinanceSquareFamily
Current analysis indicates that FANTOM is likely in a wave 4 decline, with market movements suggesting a triangle formation. This setup typically signals a continuation pattern, potentially leading to further downside before completing wave 4. Once this phase concludes, traders can expect a subsequent move into wave 5, which historically suggests a bullish reversal.
Conclusion & Advice :
As FANTOM navigates through this corrective wave, it’s essential for traders to monitor price action closely. Anticipating the completion of wave 4 could provide a strategic entry point for wave 5. Ensure to set stop-loss orders to manage risk during this uncertain phase. Stay alert to market signals as this wave pattern unfolds.
#FANTOM. #FantomFoundation #FantomCommunity #Write2Earn! #BinanceSquareFamily
Current analysis indicates that FANTOM is likely in a wave 4 decline, with market movements suggesting a triangle formation. This setup typically signals a continuation pattern, potentially leading to further downside before completing wave 4. Once this phase concludes, traders can expect a subsequent move into wave 5, which historically suggests a bullish reversal.
Conclusion & Advice :
As FANTOM navigates through this corrective wave, it’s essential for traders to monitor price action closely. Anticipating the completion of wave 4 could provide a strategic entry point for wave 5. Ensure to set stop-loss orders to manage risk during this uncertain phase. Stay alert to market signals as this wave pattern unfolds.
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
The release of Sonic aims to dramatically improve consensus, allowing for over 2,000 TPS and 1s TTF
#ftm #Fantom: #FantomFoundation #FantomCommunity
"Fantom (FTM) Shows Potential: Key Levels to Watch"
#Fantom #FantomCommunity #Binance. #BinanceSquareFamily #Bitcoin❗
Fantom (FTM) has broken its downtrend and appears promising.
The current weekly candle closing above $0.50 would signal an extremely bullish outlook, while a close above $0.47 would still be considered bullish. However, if the weekly candle closes below $0.47, this bullish scenario would be invalidated.
Advice :
- Monitor Key Levels :** Watch for the weekly candle’s closing price relative to $0.47 and $0.50. These levels will indicate the strength of the bullish trend.
-Consider Profit-Taking :** If the price reaches between $0.920 and $1.000, it might be a good idea to take some profits.
Conclusion :
Fantom’s recent performance suggests positive momentum. To capitalize on this, observe the weekly close for confirmation and be prepared to take profits if the price hits the upper target range.
#Fantom #FantomCommunity #Binance. #BinanceSquareFamily #Bitcoin❗
Fantom (FTM) has broken its downtrend and appears promising.
The current weekly candle closing above $0.50 would signal an extremely bullish outlook, while a close above $0.47 would still be considered bullish. However, if the weekly candle closes below $0.47, this bullish scenario would be invalidated.
Advice :
- Monitor Key Levels :** Watch for the weekly candle’s closing price relative to $0.47 and $0.50. These levels will indicate the strength of the bullish trend.
-Consider Profit-Taking :** If the price reaches between $0.920 and $1.000, it might be a good idea to take some profits.
Conclusion :
Fantom’s recent performance suggests positive momentum. To capitalize on this, observe the weekly close for confirmation and be prepared to take profits if the price hits the upper target range.