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FTM has gained 13% in the last week, and total value locked in Fantom briefly hit $200 million.

Fantom (FTM) a layer-1 protocol focused on fast and cost-efficient transaction execution, recently experienced a remarkable 30% increase in its token value within a single day.

Fantom (FTM) Price Analysis Fantom price volatility has been rising since the beginning of the fourth quarter of 2024. While many tokens failed to maintain the trend, FTM was able to trade above the gained levels, demonstrating the bulls' strong grip on the rally.

Bitcoin surged back to $65,000 with an overnight jump of 7.64%, bringing an altcoins sector recovery. Amidst the new bull run, the FTM price shows an amazing high-speed overnight move, leading to a trend reversal. As the uptrend in Fantom gains momentum, the altcoin offers a breakout entry opportunity for sideline traders.

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Following the bearish reversal from the $1.15 mark, the FTM price drops under the $1 psychological mark. However, despite the increased market volatility, the Fantom token's price sustains dominance at the crucial support zone of $0.65. With the broader market recovery, the altcoins are experiencing a surge in trading volume.

As the blockchain world evolves, identifying lucrative crypto investments becomes more critical. BlockDAG, Shiba Inu, and Fantom are garnering considerable attention due to their unique offerings and potential for substantial growth.

These high-potential cryptos could skyrocket exponentially this year as the crypto bull market regains momentum.

Fantom (FTM), a Layer-1 (L1) protocol, and its native token, FTM, have experienced significant gains and notable achievements in the first quarter (Q1) of 2024. According to a comprehensive performance analysis conducted by Messari, amid the emerging crypto bull market, Fantom has emerged as one of the major beneficiaries, showing significant growth in key metrics and market capitalization.

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A significant transaction has caught the attention of traders and analysts. A savvy investor has recently acquired a substantial amount of Fantom (FTM) tokens, signaling a potentially strategic move.

The Fantom network, being the host of GNUS.AI, a famous blockchain project, is pitching a tent during the vulnerable times of a security breach as the company has admitted to suffering an approximate loss of $1.2 million following a successful attack. GNUS.AI security breach GNUS.

Following a tumultuous period where Fantom witnessed a nearly 50% decline in value, the altcoin is now in search of solid ground. Crypto analyst MyCryptoParadise weighs in on TradingView, shedding light on crucial support levels and the possibility of a rebound.

Fantom (FTM) had initially reclaimed the $1 level back in March and expectations were that the coin would rise to $2. But that was before the market crash sent prices spiraling, and Fantom lost almost 50% of its value during this time.

Fantom (FTM) price has been consolidating for some time now and could continue. This is because the altcoin has not seen any strong directional bias in weeks.

At a recent event in Sydney, Michael Kong, CEO of Fantom Foundation, unveiled an ambitious $6.5 million initiative to revolutionize the meme coin sector. This announcement at the MemeGlobal event on April 30 marks a significant pivot towards safer and more structured meme coin launches within the crypto industry.

Fantom Foundation CEO Michael Kong hopes the blockchain can “replicate the success” of its peers by getting in on the memecoin hype.

In a recent Forbes exposé, cryptocurrencies like Ripple (XRP), Cardano (ADA), and Fantom (FTM) have been highlighted as “zombie tokens.” These command multi-billion dollar valuations despite minimal practical utility.

Forbes listed 20 zombie coins, calling them good-for-nothing blockchains — They are unproven and have little utility other than speculative crypto trading. Among these are XRP, ADA, BCH, LTC, ICP, ETC, XLM, STX, KAS, THETA, FTM, XMR, AR, ALGO, FLOW, EGLD, BSV, MINA, XTZ, EOS. Despite high valuations, these tokens face questions about real-world adoption.

Fantom (FTM) price continues to remain stuck under this resistance block that has been tested multiple times in the past.

The current surge in the cryptocurrency market has put a spotlight on five altcoins to buy: Hedera (HBAR), Polygon (MATIC), Sei (SEI), Fantom (FTM), and Beam (BEAM). Each of these digital currencies offers innovative solutions and is gaining traction in the industry, making them compelling choices for investors looking to allocate a $1,000 investment.

Turn pocket change into a fortune with these high-risk, high-reward crypto projects still flying under the radar.

Fantom (FTM) price is in a downtrend, restricted under the $1 mark since the beginning of the month.

A Friday sell-off capped a gloomy week, with many worried about the state of the macroeconomy.