The crypto world is generous to aspiring and innovative projects that bring significant changes to the ecosystem by offering unique services. Fantom is one such protocol that has the potential to revolutionize the DeFi world with its smart contracts.
The vision behind the launch of the FTM token was to integrate compatibility across all global transaction platforms. The platform is known for adopting the “Directed Acyclic Graph” (DAG) smart contract platform, which enhances network scalability.
FTM’s unique incentive program has piqued the interest of marketers. Are you keen on whether FTM’s price can break the $1 mark in 2024? Are you among the many investors excited about FTM? Don’t hesitate any longer; we present the possible price predictions for FTM in 2024 and the coming years.
Fantom Price Prediction 2024
With increasing transaction volumes, new dapp deployments, and the outcomes of the 335 million FTM incentive program, the digital asset’s price could reach new potential highs due to marketers’ optimism. Social sentiment might drive up transaction volumes. An increase in holders will be a bullish signal for the long-term rise in FTM’s price.
Subsequently, driven by the quest for more holders, the price will continue to avoid significant declines. Conversely, an increase in bullish trading volumes will help FTM’s price rise to a maximum of $1.92. On the other hand, it could drop to a low of $1.06. That said, the average price might reach $1.49.
Fantom Price Prediction 2025
When forecasting long-term prices, it’s essential to analyze the historical footprints of the asset and how it performs when bears take over the market. Historically, Fantomcoin has remained relatively volatile during market fluctuations. Therefore, by the end of 2025, the price could at least rise to $2.75.
As the token continues to evolve, this ultra-fast smart contract platform has the potential to reach $2.20. The driving force behind this could be further adoption of the protocol, along with successful partnerships and alliances. Considering its average trajectory within its cycle, the price of Fantom cryptocurrency could stabilize at an intermediate level of $1.65.
Fantom Price Prediction 2026
According to our analysts’ predictions, the price forecast for FTM coins in 2026 could range between $2.26 and $3.31, with an average price of around $2.78.
FTM Price Prediction 2027
Based on our analysts’ forecasts, the price of Fantom in 2027 could range between $2.98 and $4.01, with an average price of around $3.49.
FTM Price Prediction 2028
According to our analysts, the forecasted price for FTM cryptocurrency in 2028 could range between $3.45 and $4.62, with an average price of around $4.03.
FTM Price Prediction 2029
According to our analysts, the prediction for Fantom in 2029 could range between $4.00 and $4.524, with an average price of around $4.62.
FTM Price Prediction 2030
Based on our analysts’ predictions, the forecast for FTM in 2030 could range between $4.85 and $6.25, with an average price of around $5.55.
Fundamental Analysis
The Fantom protocol was initiated by Dr. Ahn Byung Ik, a Korean computer scientist. The initial product of the foundation was completed in 2018 and went mainstream in December 2019. The current CEO of the network is Michael Kong. The innovative developers behind the network possess advanced knowledge in full-stack blockchain development.
The team aims to build a smart contract platform that integrates scalability and security. One of the consensus layers of the Lachesis platform supports the deployment of Fantom’s Opera mainnet. The modularity of the Fantom blockchain is highly flexible, as the development team can deploy existing Ethereum-based decentralized Fantom.
What is Fantom?
Fantom is an open-source, permissionless, decentralized smart contract platform designed to overcome the drawbacks of previous blockchain networks. The DeFi token leverages a revolutionary aBFT consensus mechanism called Lachesis. This makes the token platform faster and more cost-effective than previous technologies.
Fantom has its native token, FTM, designed to address technical glitches associated with smart contract platforms, particularly transaction speed. Developers reportedly claim to have reduced the speed to below two seconds. The altcoin also utilizes a leaderless Proof-of-Stake mechanism to provide a high level of security. Additionally, the protocol is compatible with ERC-20 and BEP-2.
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