Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Fantom
Crypto Price Analysis 10-11 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, DOGECOIN: DOGE, BITTENSOR: TAO, FANTOM: FTM
The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours. The price had briefly dipped below $60,000 once again late on Friday, dropping as low as $58,930 before recovering and pushing back above $60,000. While BTC traded in the red, Ethereum (ETH) registered a marginal increase, along with Solana (SOL), which managed to reclaim the…
8 months ago
Binance Coin ($BNB), Fantom ($FTM), THORChain ($RUNE) – good time to buy?
When/if Bitcoin ($BTC) makes its next upside move, some of the more fundamentally sound altcoins have the potential to outperform. Binance Coin ($BNB), Fantom ($FTM) and THORChain ($RUNE) are among them. Is now a good time to buy? Bullish price action for $BNB Source: TradingView The $BNB price action is looking quite bullish thus far. A series of higher highs and higher lows has taken the price from $472 to the current $572. The price has just bounced from the…
8 months ago
Bitcoin To $80,000, Dogwifhat To $7, And Fantom To $1? Analyst Shares ‘Realistic Targets’
Crypto analyst Wisdom Matic has shared realistic price targets for Bitcoin (BTC), Dogwifhat (WIF), and Fantom (FTM). The analyst suggested that these coins would reach these price levels in this bull run, although he didn’t state when exactly it would happen. Bitcoin, Dogwifhat, And Fantom To Reach These Price Targets Wisdom Matic predicted in an X post that Bitcoin would reach $80,000, Dogwifhat would reach $7, and Fantom would reach $2. He claimed these were realistic targets compared to other…
8 months ago
Fantom Gains Significant Price Movement, FTM Investors Look For More Profits In New A.I Casino
Fantom (FTM) has experienced remarkable price movement recently, attracting the attention of investors seeking new opportunities for growth. As the momentum builds, many Fantom (FTM) investors are looking to diversify their profits by exploring new and innovative projects like Mpeppe (MPEPE), an A.I.-powered casino cryptocurrency. Mpeppe (MPEPE) is set to revolutionize the online gambling industry with features like decentralization, immutable blockchain technology, and smart contracts, offering a seamless and secure gaming experience. Here’s why Fantom (FTM) holders are shifting their…
9 months ago
Fantom To $2: Here’s What’s Driving The FTM Price Recovery
Fantom (FTM) is enjoying much bullish momentum at the moment, and the odds of the coin rising to as high as $2 has increased. The FTM price recovery is thanks to Fantom’s fundamentals, which have sparked a positive sentiment among investors. What Is Driving The FTM Price Recovery Fantom’s price recovery is mainly driven by its bullish fundamentals, especially the imminent launch of the Sonic network. In a recent blog post, Sonic Labs announced that Sonic’s launch is scheduled for…
9 months ago
FTM Rockets 17% Amid Growing Interest In Fantom Ecosystem
Fantom (FTM) has been soaring 17% over the past week, on a quite decent trend, with strong support recorded in the area of $0.47-$0.48, data from IntoTheBlock indicates. This suggests that the price jump may be connected to increased demand and growing network interest. Approximately 1,560 addresses bought 242.56 million FTM tokens in this range, thereby providing a firm base for the recent run. Crypto trader Mister Crypto mentioned the network’s ongoing development, saying, “It’s one of my major holdings,…
9 months ago
Sui (SUI) and Fantom (FTM) among first altcoin breakouts
With the first Fed rate cut coming in tomorrow’s FOMC meeting, the change to a looser monetary cycle is beginning. Bitcoin and crypto are likely to be beneficiaries of this easing. Two altcoins already out of the blocks are $SUI and $FTM. Can their breakouts continue? With a Fed pivot on the brink of taking place, the best time for getting into some of the high-potential altcoins was probably a few weeks ago. That said, for those not wanting to…
9 months ago
Fantom (FTM) Poised For Massive Bull Run, Analyst’s 234% Rally Prediction Raises Eyebrows
Fantom (FTM) might be up for a huge price breakout shortly after an analyst – Javon Marks – made public his prognosis of the altcoin. Posting in X, Marks attributed this to the formation of a Hidden Bullish Divergence in the FTM chart. According to the analyst, this has the potential to cause a significant rebound in the token, including a 234% upside. At the time of writing, FTM was trading at $0.3278, down 6.7% in the last 24 hours,…
10 months ago
Fantom Q2 Performance: Financial Metrics React To Sonic Blockchain Anticipation
The Fantom blockchain saw mixed performance in the second quarter (Q2) of the year, with key financial metrics cooling amid the broader cryptocurrency market downturn and the Fantom Foundation’s announcement to rebrand as Sonic Labs, according to a new report from data intelligence firm Messari. FTM Market Cap, Revenue, And Token Economics After outperforming in Q1, Fantom’s circulating market cap decreased 41% quarter-over-quarter (QoQ) from $2.8 billion to $1.7 billion. However, the token’s market cap is still 94% higher year-over-year…
10 months ago