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After Bitcoin's record-breaking all-time high (ATH), the price of the cryptocurrency market saw a notable correction in its value, causing the top altcoins to reflect this same. In the meantime, many altcoins with sluggish surges looking to explode soon.
Layer 1 blockchain Fantom's native token FTM has gained over 190% in four weeks, becoming the best-performing non-meme cryptocurrency among the top 100 digital assets by market value. Is Fantom's impending Sonic upgrade the catalyst for the spike in FTM?
Fantom price forecast: FTM has recently witnessed an uptick in its market performance, showcasing a bullish trend. In the latest 24-hour trading window, FTM has stood out among the top 100 cryptocurrencies.
Fantom (FTM) price is in the midst of forming a bullish pattern but despite the rally, it is observing bearish signals.
With the popular smart contract platform announcing a network upgrade, multiple Fantom price predictions have sprouted.
TL;DR Fantom (FTM) has experienced a 183% increase in its price in just four weeks. The anticipated upgrade known as Sonic is driving the recent success of FTM by improving its underlying technology without the need for a hard fork.
The Fantom (FTM) network has attracted more investors and developers as a layer one blockchain due to its upcoming Sonic upgrade.
Fantom's native token FTM is up over 190% in just four weeks, with most anticipating the Sonic upgrade.
Fantom has emerged as the top performer in the top 100 cryptocurrencies, showing resilience while most of the rest of the market sees red.
Over the past 24 hours, Fantom (FTM) has emerged as the standout performer among the top 100 cryptocurrencies by market capitalization, registering a remarkable 13.5% gain. This surge is part of a broader rally that has seen the FTM price soar by 180% over the last four weeks, propelling it from $0.42 to $1.20.
As Bitcoin (BTC) price shows early signs of consolidating around the current levels before the halving economics catches up, cryptocurrency traders are shifting their focus to the altcoin market to catch higher volatility. Moreover, volatility is vital to every investor seeking to benefit from the cryptocurrency market.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 22, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Cutting-edge blockchain projects and their innovative technology is a reason for backing new companies in the crypto space. However, both Binance (BNB) and Fantom (FTM), layer 1's from the 2021 bull market, are currently flying high.
Fantom's impending Sonic upgrade, expected to boost transaction processing speeds, may have galvanized investor interest in the cryptocurrency.
Coinbase International Exchange has announced the addition of support for Fantom (FTM) and THORChain (RUNE);perpetual futures trading. The announcement of FTM-PERP and RUNE-PERP markets noted that the trading is set to commence at 9:30 a.m.
Are you ready to discover some hot altcoin picks? In a recent YouTube video, crypto analyst Miles Deutscher spilled beans on several altcoin picks poised for 15X growth in the current market scenario. With a focus on identifying tokens showing strength and resilience, Deutscher outlined various projects spanning various sectors within the crypto space.
A closely followed crypto strategist remains bullish on a top Ethereum (ETH) competitor despite a sudden correction. Pseudonymous analyst Altcoin Sherpa tells his 212,100 followers on the social media platform X that Solana (SOL) is showing strength after retesting the $165 Fibonacci retracement level. “SOL: good first reaction to that $165 level.
Fantom (FTM) price hit the ceiling today as the cryptocurrency has declined by more than 6% in the last 24 hours.
Fantom (FTM), a cryptocurrency known for its high-speed smart contract platform, has been making headlines recently with its price movements and market predictions. As of the latest data, Fantom is ranked #43 by market cap at $2.9 billion, with a trading volume of $863 million in the last 24 hours.
Discover the key drivers behind Fantom's recent price surge and the factors contributing to its bullish momentum.
The crypto industry experiences a significant bounce back with the total market cap recording a jump of over 7% within the past 24 hours. Further, top crypto tokens such as Bitcoin and Ethereum have added approximately 10% each in their respective portfolios, highlighting a bullish reversal in the crypto space.
Fantom decoupled from the market as its daily and weekly charts were green.
The crypto markets are undergoing a roller coaster ride, with the Bitcoin price forming lows below $60,800 and also rebounding to reach highs above $64,300. Although the volume remained relatively low, the bears influenced the rally only for a few hours. This enabled significant price action, which triggered a strong recovery in no time.
Fantom (FTM) has soared above the recent crypto market storm, emerging as one of the top-performing cryptocurrencies over the past week. While Ethereum and Bitcoin values plunged alongside other altcoins, FTM's value increased by 15% resulting in a 10% boost in its Market Cap within the past 24 hours.
