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Over the past week, crypto venture capital (VC) funds made strategic adjustments to their portfolios.

Crypto analyst Altcoin Sherpa has provided a bullish narrative for Fantom (FTM), suggesting that the crypto token could soon make a significant rally to the upside. The analyst also hinted at how Fantom could rise when this happens.

A widely followed crypto analyst says that one Ethereum (ETH) competitor is going to be decent moving forward while updating his outlook on Bitcoin (BTC).

As the crypto market experiences a decline, analysts predict a rally in July, highlighting INJ, ETH, AR, and FTM as top buys for significant potential gains. Analysts Predict July Rally: Key Cryptocurrencies to Buy Amid Current Market Decline In the past few days, the global crypto market has experienced a decline, resulting in a shift from $2.58 trillion to the current $2.24 trillion.

The South Korean court has recognized that Andre Cronje led the Fantom Foundation's development team and not SikSin.

In a significant legal victory, the Seoul High Court's Civil Division 19-3 has ruled in favor of Fantom Foundation against Korean food technology startup SikSin and its CEO Byung-Ik Ahn. The appellate court's decision overturns a previous ruling by the Seoul Central District Court, dismissing all claims made by the plaintiffs and ordering them to

The Fantom Foundation plans to dedicate 200 million FTM tokens to support the launch of Sonic, its latest network iteration, as outlined in a recent blog post.

The Fantom Foundation is committing up to 200 million FTM tokens to support the launch of Sonic, the network's newest iteration. In a new blog post, the Fantom Foundation says that its treasury is aiming to expedite the immediate adoption of decentralized apps (dApps) and other partners to the Sonic network.

Fantom Foundation said it allocated 200 million FTM tokens, worth about $120 million, to the Sonic Labs Innovator Fund to support projects migrating to the new Sonic network. The Foundation clarified that Fantom network creator, Andre Cronje, generated the fund through strategic financial management, which did not increase FTM's total token supply.

Fantom Foundation's $120 million investment aims to expand the Sonic blockchain network, enhancing DeFi accessibility.

The global crypto market is witnessing price drops across the board, even as the current downturn has taken precedence. Amidst this, Fantom (FTM) has recorded a bearish trend, with its value dropping by 30%, over the past 30 days.

Fantom Foundation's recent announcement keep FTM prices afloat Bitcoin lost foot beneath $64K on Friday. On 20 June, Fantom Foundation announced optimistic moves to back the launch of the Sonic network.

The Fantom Foundation has unveiled a treasury allocation of 200 million FTM, approximately $120 million USD, to expedite the migration of partners to its new Sonic network. This allocation includes native application grants, strategic grants to decentralized applications (dapps), and first-class infrastructure tools and partners for developers and users.

TL;DR Allocation for Sonic Migration: The Fantom Foundation has allocated up to 200 million FTM tokens (worth approximately $120 million) to the Sonic Labs Innovator Fund. This fund aims to accelerate partner migration to the new, ultra-fast Sonic network.

The Fantom Foundation, the driving force behind the Fantom decentralized network, has committed to support the launch of Sonic, a new and faster network.

Bitcoin price appears to be in ‘Dire-Straits' while some of the altcoins like Fantom & Tron are gaining strength. Ever since the Ethereum price displayed strength, the altcoins have turned out to be poised to achieve fresh highs in the later part of the year.

The blockchain di Fantom ha annunciato lo stanziamento di un fondo da 200 milioni di token FTM, pari ad un controvalore di 120 milioni di USD, per sostenere la migrazione dei propri partner verso la nuova rete L1 ad elevato throughput Sonic.

The money comes from smart financial strategies led by Fantom network creator Andre Cronje without increasing the total number of tokens.

With the meme coin rally taking it easy, the broader market finds altcoins from different segments taking centre stage. Apart from the AI tokens, the FTM price jump reveals a new interest in the DeFi tokens. With a bullish reversal, the sideline traders anticipate a trend reversal in the DeFi token.

The crypto market experienced a rollercoaster week, with significant developments affecting various coins. The Red Coin (RWE) reached unprecedented levels, while altcoins showed signs of weakening after a bullish year.

Seize the moment to invest in these three promising cryptos to buy offering robust upside potential ahead for those willing to take the risk.

Like many other altcoins, Fantom's (FTM) price struggles to recover from its quarter-long decline. On-chain data highlights specific factors keeping the token from reaching a higher value.

Story Highlights The live value of Fantom is . FTM price could reach a high of $1.92 by the end of 2024. With a potential surge, the Fantom price may reach a maximum of $6.25 by 2030. The crypto-verse has been generous enough to aspiring and innovative projects.

A widely followed crypto strategist says that a deep drawdown may be in sight for a scorching-hot memecoin. Analyst Michaël van de Poppe tells his 720,500 followers on the social media platform X that Floki (FLOKI) may see a severe correction after rallying by more than 13x in just a few months.