Fantom’s price plummeted after a major reshuffle in the developer team, but its losses are diminishing, and it looks like it’s getting back on track. The 40th biggest coin by market cap is down just 5% today.
If you are attracted to unique features and want to learn how and where to buy Fantom, this guide is for you.
Top places to buy Fantom now
What is Fantom?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers with its own bespoke consensus algorithm.
Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.
Fantom is an open-source decentralized platform for DApps and digital assets that was created as an alternative to Ethereum.
It aims to overcome the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization.
The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.
Should I buy Fantom today?
Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.
Fantom price prediction
DigitalCoin predicts Fantom will trade for an average of $1.68 this year and $1.82 in 2023. It will grow to $2.43 by 2025 and to $5.82 by 2030.
Despite Fantom’s lackluster performance, Price Prediction is also bullish. They forecast an average of $1.81 in 2022, $2.61 in 2023, and $5.30 in 2025. In 2030, it will have gone up to $32.
Fantom on social media
$FTM has been performing very poorly since the beginning of the year.
A weekly close above the red trendline is needed to have a bullish bias.
It seems likely it goes to $1 where it should find support.#Fantom #FTM #FTMUSDT #cryptosignals pic.twitter.com/IwGeOVinlC
— Crypto Koryo (@CryptoKoryo) March 11, 2022