Fantom is a directed acyclic graph (DAG) smart contract platform that delivers decentralized finance (DeFi) services to developers using its own custom consensus algorithm. Fantom’s token has risen by nearly 4% over the past 24 hours. Below is everything you need to know about the token, including where to buy Fantom.
The best places to buy Fantom now
What is Fantom?
Fantom and its native token FTM aim to address challenges faced by smart contract platforms, most notably transaction speed. According to Fantom’s developers, transactions can be finalized in under two seconds. The Fantom Foundation was established in 2018 to oversee the FTM token supply and ecosystem development. OPERA, Fantom’s mainnet, launched in December 2019.
Should I buy Fantom today?
Some forecasting platforms, such as WalletInvestor, consider Fantom a potentially profitable investment. For example, WalletInvestor projected a price increase that could double by the end of 2022. Other analysts are more cautious. All forecasts involve uncertainty, so treat predictions as indicative rather than guaranteed.
Fantom price forecast
Gov Capital offers a more bullish outlook than some peers, forecasting a potential price of $3.15 by the end of next year and up to $11 within five years. Price predictions vary widely depending on methodology, market conditions, and broader crypto sentiment.
Fantom on social media
Price Change 📊
The price of FTMUSDT has go up by 1.07%
Previous price: 2.1344
Current price: 2.1572#FTM, #FTMUSDT, #crypto, #pricegoup pic.twitter.com/wtJisUWEu4— BjornHoefnagels (@HoefnagelsBjorn) November 30, 2021