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…
FTM
New Crypto Doubles in July, Could Achieve 800% Growth This Year; Is It A Better Bet Than SOL and FTM?
The post New Crypto Doubles in July, Could Achieve 800% Growth This Year; Is It A Better Bet Than SOL and FTM? appeared first on Coinpedia Fintech News The overall crypto market is at another standstill as Bitcoin struggles to find its footing. But even as the altcoin market wobbles, there are plenty of new crypto investment opportunities ripe for the taking. For instance, analysts are pointing towards the newly launched GambleFi protocol Rollblock as the best crypto to buy…
10 months ago
Will This Experienced DeFi Founder Save FTM After Taking Over As CTO?
In five short months, FTM, the native coin of the Fantom Network, has been in free fall. In summary, the token is down a massive 70% from March highs but is presently stable, following a stream of supportive fundamentals. A big part of the recent turnaround is due to a recovery in DeFi and capital flowing into the sector. According to DeFiLlama data, all DeFi protocols across multiple blockchains manage over $84 billion worth of assets. Though Ethereum leads, over…
10 months ago
Is FTM Price Rally Running Out of Steam Before a 140% Surge?
The post Is FTM Price Rally Running Out of Steam Before a 140% Surge? appeared first on Coinpedia Fintech News With a wipe of $174M in long positions in the crypto market, the bulls are on the back foot, increasing stress levels. Amid this, the altcoin bazaar takes a varied stance, with DeFi tokens resurfacing while memes and other altcoins take a hit. Staying on the greener side, the FTM price bull cycle’s rising momentum teases a breakout run. Will…
10 months ago
FTM: Core Proposals Spark 16% Rally Ahead Of Sonic Mainnet Launch – Details
Fantom’s migration to Sonic is now underway, putting the platform under the spotlight which caused FTM, the native token of Fantom, to jump. According to CoinGecko, FTM gained more than 17% since last week, representing the hype their network migration caused within the community. The new Sonic Labs is poised to continue Fantom’s legacy as four core proposals are now underway for the eventual release of the Sonic mainnet. If passed, the proposals will provide users and developers with a…
10 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 (FTM) Regains Momentum After Weeks Long Bleed – Will This Continue?
The market opened today with enthusiasm, seeing a rebound after last week’s slippage. According to CoinGecko, the entire market is up more than 3% today. This led to the bulls overtaking the bearish momentum, pulling several altcoins to the top of the list. Fantom is one of those tokens hoping for a bullish reversal. Last week, FTM was down nearly 10%, but bulls regained initiative and the token is up almost 6% today. This, along with an upcoming release might…
10 months ago
ADA, FTM And Other Altcoins Will Rally Soon; Indicators Turn Green
The post ADA, FTM And Other Altcoins Will Rally Soon; Indicators Turn Green appeared first on Coinpedia Fintech News Currently, Bitcoin is up by 4% and many altcoins are printing gains. According to the analyst of The Sniper Trading Show, this suggests that when the market is in a state of extreme fear, it can be a good time to take on risk. To maximize gains, he recommends categorizing tokens into low, medium, high, and very high risk. As the market…
11 months ago
Crypto Analyst Says Ethereum Competitor Fantom (FTM) Could Jump To $1.2
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. Fantom Could Rise To As High As $1.2 Based on the chart Altcoin Sherpa shared, Fantom could rise to as high as $1.2 on its next leg up. In the meantime, the analyst noted that the crypto token is consolidating at a…
11 months ago
This AI Platform Has More Holders Than INJ, SUI, and FTM; Here’s Why Experts Call It Crypto Nvidia
The post This AI Platform Has More Holders Than INJ, SUI, and FTM; Here’s Why Experts Call It Crypto Nvidia appeared first on Coinpedia Fintech News The crypto market is buzzing with rapid developments and shifting trends, making it essential for investors to stay informed. Among the rising stars is Algotech, an AI platform gaining significant traction. Experts are calling it the “Crypto Nvidia” due to its groundbreaking technology and widespread adoption. Remarkably, Algotech now boasts more holders than Injective…
12 months ago