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Earlier this year, the blockchain project previously known as Fantom rebranded as Sonic Labs, generating significant buzz within the crypto community. Recently, Sonic Labs' chief technology officer Andre Cronje showcased the network's testnet performance, highlighting a transaction finality of 720 milliseconds.
FTM Bull Trap? Analysts warn of a possible correction as price nears $0.50 resistance.
Fantom (FTM) is gaining significant attention with its latest bullish trends. The token, which has recently shown strong recovery signals, is now approaching a crucial psychological barrier at $0.50.
Cryptocurrencies are recovering after a notable crash with “September Effect” fears and favorable macroeconomic data like US jobs and CPI. As the cryptocurrency market heats up for a 2024 crypto bull run, two tokens stand out with strong momentum.
Fantom showcased promising growth in the last 24 hours, but there are problems going forward.
Fantom could be the top altcoin as $500 million moves into the asset. Let's explore the latest Fantom price action.
With the cryptocurrency market reclaiming the $2 Trillion market cap with a jump of 3.18%, top tokens have breached their important resistance levels. Notably, with the price of Bitcoin reclaiming the $57K mark, altcoins from Artificial Intelligence (AI) and Meme category have gained the highest profits.
Some of the altcoins that performed well in the last crypto bull market are still languishing, at a stage that is probably more than halfway through the current bull market. $INJ, $THETA, and $FTM are three altcoins that need to start proving themselves, or face a torrid bear market.
Fantom's native token, FTM, has surged by over 12% in the last day, driven by a strategic update from Sonic Labs.
Cryptocurrency Prices Today (September 10): The broader market witnessed a remarkable upward movement today, fueling investor optimism globally. Bitcoin (BTC) price pumped to briefly top the $58K mark, whilst Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the green zone.
Fantom token continued its downward trend on Friday, Sept. 6, after the Sonic testnet went live and its transactions rose.
Major cryptocurrencies plummeted after major US stock indexes closed significantly lower on Tuesday. The plunge was led by Nvidia (NVDA) and other chipmaker stocks, as September began on a weaker-than-expected note after a strong finish to August.
Fantom to launch its largest upgrade with a new high-throughput L1 blockchain and a native L2 bridge to Ethereum.
Fantom (FTM) has emerged as a standout performer in the cryptocurrency market, recording an impressive 17% surge in value on August 22, 2024. This significant price increase not only highlights Fantom's leading position in the current market rally but also raises questions about the future trajectory of this blockchain platform.
FTM, AVAX, and AAVE outperformed this week, fueled by strategic developments and market activity.
Oil trader Vitol is under investigation in the Netherlands, the public prosecutor's office said on Friday, confirming a report by Dutch investigative news site Follow The Money (FTM).
Fantom has been among the best-performing altcoins in the midweek action. Here's why it could sustain the momentum.
The cryptocurrency market showed signs of a strong recovery on August 22, with Bitcoin holding steady above the crucial $60,000 mark. This stability, coupled with positive economic updates, has boosted investor confidence in risky assets, leading to significant gains in several altcoins. Among the top performers were POPCAT, io.
The markets are heading towards the monthly close, which is expected to have a huge impact on the upcoming quarterly close. Historically, August has not attracted any major bullish action and hence the markets appear to be following the historical pattern.
Fantom experienced a 17% increase in value, positioning it as the leading performer in the cryptocurrency market. Fantom (FTM), a blockchain platform optimized for decentralized finance applications, soared 17% in value on the morning of Aug.
Cryptocurrency Prices Today, August 20, 2024: The crypto market today has sparked contrasting investor sentiments globally, illustrating mixed price actions. Bitcoin (BTC) price regained a hold above $60K, whereas ETH crossed $2,600.
Despite a cross-border market correction, the Fantom price has recorded a positive action in its chart, suggesting an increase in the bullish sentiment. Moreover, with the recent price pump, this altcoin has successfully reclaimed the $0.40 level.
With major cryptos in a somewhat upbeat mood in wake of US economic data revisions that showed the bumper labor market of 2023 wasn't actually quite as strong as thought at the time, investors are turning to altcoin markets as they hunt for top crypto performers today that might be able to deliver quick gains.
A widely followed crypto strategist is predicting a massive breakout for one decentralized finance (DeFi) low-cap altcoin. Pseudonymous analyst The Crypto Dog tells his 810,200 followers on the social media platform X that Synapse (SYN), a protocol that aims to enable secure cross-chain communication, could soar more than 75% from the current value.
