Fantom

FTM Price

What is Fantom?

Fantom is a Layer 1, EVM-compatible blockchain. It aimed to create a secure and efficient smart contract platform for projects to develop decentralized applications (dApps) and execute peer-to-peer financial transactions.

What Makes Fantom Unique?

Fantom stands out with its Lachesis consensus mechanism for fast and scalable transactions. Unlike most blockchains, which require a set number of blocks added to the chain to validate a transaction, transactions on Fantom are validated as soon as over two-thirds of the node reaches a uniform response. It allows Fantom to achieve almost instant transactions.

What can FTM Be Used For?

FTM tokens power the Fantom ecosystem. Fantom runs a Proof-of-Stake consensus algorithm, so holders can stake their FTM tokens to secure the network and receive rewards. FTM stakers can vote on proposals to improve the platform. And finally, FTM is used to cover gas fees for native transactions.

Where can you buy Fantom?

FTM tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Fantom is Gemini, where the most active trading pair FTM/USD has a trading volume of $185.31 in the last 24 hours.

What is the daily trading volume of Fantom (FTM)?

The trading volume of Fantom (FTM) is $185.29 in the last 24 hours, representing a 611.20% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Fantom (FTM)?

Fantom (FTM) reached an all-time high of $3.46 and an all-time low of $0.001902. It’s now trading -99.00% below that peak and 1,656.50% above its lowest price.

What is the fully diluted valuation of Fantom (FTM)?

The fully diluted valuation (FDV) of Fantom (FTM) is $106,092,057. This is a statistical representation of the maximum market cap, assuming the maximum number of 3.2 Billion FTM tokens are in circulation today. Depending on how the emission schedule of FTM tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Fantom compare against its peers?

With a price decline of -3.50% in the last 7 days, Fantom (FTM) is underperforming the global cryptocurrency market which is down -1.00%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -1.50%.