Fantom (FTM) Sees Demand Plummet to Yearly Low: Price Impact
Fantom (FTM) has seen a significant decline in new demand in the past few months. This decline in network usage connotes a drop in the demand for its native token, FTM.
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Fantom (FTM) has seen a significant decline in new demand in the past few months. This decline in network usage connotes a drop in the demand for its native token, FTM.
Renowned market expert Michael Van de Poppe has recently shared his insights on the current state of the cryptocurrency market, highlighting potential breakout opportunities for altcoins. As the largest cryptocurrency on the market, Bitcoin (BTC), consolidates in a price range between $67,000 and $70,000, Van de Poppe's latest market update suggests that this may be the ” final time” to invest in altcoins before a potential breakout.
These three explosive new cryptos to buy have the potential to turn a modest $100 investment into a life-changing $1 million.
Exploring the current technical landscape of Fantom unveils fascinating insights within the 4H Ichimoku cloud.
A crypto whale, identified as 0xfd5, has recently invested heavily in Fantom (FTM) tokens. According to the on-chain analysis platform Spot On Chain, this investor purchased 2.818 million FTM for 2.23 million USDC at an average rate of $0.791 per token.
SpookySwap, an automated market-making (AMM) decentralized exchange (DEX), has announced the integration of Orbs' flagship Layer-3 protocol (L3), Liquidity Hub, as recently disclosed to Finbold on June 3.
While Bitcoin has been trading sideways, its dominance in the crypto market is losing major support and may have peaked. With the surge in altcoin dominance, investor sentiment appears to be shifting from Bitcoin to altcoins.
In the rapidly evolving world of cryptocurrencies, identifying the next big winners is crucial. However, in a recent YouTube video, Crypto Banter highlighted the top 10 altcoins set to rally this cycle. Crypto expert analyzes his top altcoin picks for the current cycle, highlighting his highest conviction bets and the factors driving their potential success.
The cryptocurrency market has experienced significant price volatility since the start of the week, highlighting increased price action within the crypto space. Moreover, the SEC's approval of the spot Ethereum ETF has ignited a fresh bull rally-like situation in the market.
The Fantom Foundation has entered a significant partnership with Google Cloud to enhance support for developers on the Fantom network.
Fantom, which recently inked a strategic partnership with Google Cloud, has announced the official launch of the upgrade of its existing Opera chain after it reached the 66% threshold consensus level. Fantom Opera Upgrades to 2,000 TPS The launch date aligns with the expectations that were set right at the beginning of Sonic's testnet phase
Top altcoins continue to record a consolidated price action over the past few days, highlighting a decline in the price action for these tokens in the crypto market. Moreover, ETH-based tokens have recorded the highest correction this week, indicating increasing selling pressure within the crypto space.
Fantom (FTM) confirmed that it collaborated with Google Clouds to introduce various initiatives to incentivize developers to create top-notch decentralized applications. Fantom Foundation will leverage Google Cloud's artificial intelligence capabilities and infrastructure to empower dApp developers.
Fantom (FTM), the Directed Acyclic Graph (DAG) protocol has unveiled it has onboarded Google Cloud as one of its major node validators. Fantom and Google Cloud: Beyond Node Validation It is worth noting that beyond the role of the tech giant in validating Fantom transactions as a node validator, it will also help in incentivizing
TL;DR Fantom partners with Google Cloud to improve AI infrastructure and capabilities. Google Cloud will be a validator on the Opera network and will migrate to the Sonic network. Google Cloud will offer $200,000 in credits to dApps that move to Sonic.
Altcoins surge higher than Bitcoin when the star token breaks out of range but at the same time undergoes an extended bearish pullback, sometimes higher than BTC price retrace.
Fantom (FTM) emerges as a captivating entity, drawing attention from investors and enthusiasts alike. As its price journey unfolds, a meticulous examination of technical analysis and on-chain data unveils a tapestry of insights, offering a glimpse into the potential for significant price movements and the underlying market sentiment driving Fantom's trajectory.
Here is how some of your favorite assets concluded the week.
The Fantom Foundation, known for the Fantom decentralized network, has unveiled plans for the launch of the new Sonic chain through a dedicated foundation.
The host of the Coin Bureau YouTube channel, Guy Turner, is expressing bullish sentiment on one Ethereum (ETH) competitor. Turner tells the 2.47 million subscribers of the Coin Bureau channel that the layer-1 blockchain Fantom (FTM) possesses more upside potential based on technical analysis.
Fantom, a prominent player in the blockchain sphere, is poised to shake up the status quo with its latest ventures: the Sonic Foundation and Sonic Labs. These groundbreaking initiatives mark a significant leap forward in blockchain innovation, promising to redefine speed, efficiency, and scalability in transaction processing.
On Wednesday, Fantom Foundation, an entity behind layer-1 (L1) blockchain Fantom, unveiled the launch of Sonic Foundation and Sonic Labs.
The Fantom Foundation has recently unveiled plans to launch the Sonic chain and has established a dedicated foundation to oversee its development and deployment.
The Fantom Foundation has recently disclosed its plans to establish the Sonic Foundation and Sonic Labs in preparation for the launch of its Sonic blockchain. In an announcement on Thursday, the foundation expressed its commitment to leveraging its technology and revealed additional details about the upcoming developments.