[FTM] Fantom Speculation

[ivankoh]

We must appreciate the performance of the team involved in the progress of Fantom, because currently Fantom is a coin with a fairly good level of attention from investors.

Yes, The overview I see is technically fantom has had a good development, I still remember before that fantom was proposed for support from Mark Cuban last year.  It's a sequence of events that impact the fantom's potential to drive value from that domino reaction.  With the cross-chain meeting the demand for the fantom boom.  Although this period I have focused a lot of capital around BTC, ETH, but FTM will definitely be in my sights if the market fully responds to the recovery sentiment.

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[kidbounty]

actually what is going on. yesterday I saw the news that the FTM coin was just burnt worth 4 million USD. but today the price is worse than yesterday before this news. did something go wrong, the good news should have stopped the decline for a while. but in reality there is no impact at all from the news and the price is slowly dropping. currently the price of phantom(FTM) at 0.8$ is already 20% of the current decline, and may be deeper.

[TheClownSong]

actually what is going on. yesterday I saw the news that the FTM coin was just burnt worth 4 million USD. but today the price is worse than yesterday before this news. did something go wrong, the good news should have stopped the decline for a while. but in reality there is no impact at all from the news and the price is slowly dropping. currently the price of phantom(FTM) at 0.8$ is already 20% of the current decline, and may be deeper.

market sentiment still beat any fundamental that release by developers team. sometimes any good news from developers not work to facing bearish sentiment that totally controll market. in several project i am screening , they release good fundamental meanwhile market still in bearish trend and holder keep selling to avoid getting more loss if this news not work.

[aprilnot]

actually what is going on. yesterday I saw the news that the FTM coin was just burnt worth 4 million USD. but today the price is worse than yesterday before this news. did something go wrong, the good news should have stopped the decline for a while. but in reality there is no impact at all from the news and the price is slowly dropping. currently the price of phantom(FTM) at 0.8$ is already 20% of the current decline, and may be deeper.

market sentiment still beat any fundamental that release by developers team. sometimes any good news from developers not work to facing bearish sentiment that totally controll market. in several project i am screening , they release good fundamental meanwhile market still in bearish trend and holder keep selling to avoid getting more loss if this news not work.

yes you are right, market sentiment has a big influence in this. and this puts Fantom in a predicament despite the good news. if you invest in this coin you better start rethinking your plans, the price of FTM will probably get worse than this in the future. The bear market has started and bitcoin can't last much longer. that means the destruction for altcoins is getting closer, prepare yourself from now on.

[whiteblue]

yes you are right, market sentiment has a big influence in this. and this puts Fantom in a predicament despite the good news. if you invest in this coin you better start rethinking your plans, the price of FTM will probably get worse than this in the future. The bear market has started and bitcoin can't last much longer. that means the destruction for altcoins is getting closer, prepare yourself from now on.

Good news for Fantom in bear market conditions will not bring a significant increase because there is no support from the main Bitcoin market. However, you are overreacting to the current market downturn due to speculations of an altcoin crash, but the market move could be bullish again at any time. I think you should take advantage of the opportunities in today's market to review the prospects for the Fantom coin with the target of buying at a lower price.

[ethereumhunter]

If you look at the charts on CMC or Coingecko, it seems that the price of Fantom has been steadily decreasing so it looks like this coin is a bit difficult to increase again. But since this coin is on major exchanges like Binance, FTX, Huobi, Kucoin, and other exchanges, there is a possibility that this coin could increase but we don't know when. We only hope this coin can increase in the next altcoin season and breakthrough $3 because $3 is the last ATH.

[Renampun]

If you look at the charts on CMC or Coingecko, it seems that the price of Fantom has been steadily decreasing so it looks like this coin is a bit difficult to increase again. But since this coin is on major exchanges like Binance, FTX, Huobi, Kucoin, and other exchanges, there is a possibility that this coin could increase but we don't know when. We only hope this coin can increase in the next altcoin season and breakthrough $3 because $3 is the last ATH.

In the last 3 months, FTM has experienced a bearish trend and is predicted to fall by a few percent more...

but when the price of FTM hits $0.5 to $0.6, I'm sure the price will go back up because it's a pretty good price for investors to buy Fantom. what makes me believe in the potential of fantom is the developers who continue to do hard work on this fantom. if you currently have a fantom but its value is dropping from the price you bought it for then just hold on because fantom will definitely return to ATH again.

[adiebitsler]

yes you are right, market sentiment has a big influence in this. and this puts Fantom in a predicament despite the good news. if you invest in this coin you better start rethinking your plans, the price of FTM will probably get worse than this in the future. The bear market has started and bitcoin can't last much longer. that means the destruction for altcoins is getting closer, prepare yourself from now on.

There is no need to frighten everyone with the current condition because every human cannot see the future of altcoins or any coins now. So let those who have FTM make their own decisions although they must also consider suggestions from others which may be very good for the FTM holder too.

[sana54210]

actually what is going on. yesterday I saw the news that the FTM coin was just burnt worth 4 million USD. but today the price is worse than yesterday before this news. did something go wrong, the good news should have stopped the decline for a while. but in reality there is no impact at all from the news and the price is slowly dropping. currently the price of phantom(FTM) at 0.8$ is already 20% of the current decline, and may be deeper.

You have to realize that whenever you read "burn" that means it was already not in circulation and that's the problem. I mean BNB does the same thing, they burn some coins but it was already in their wallets and it just took it out of supply but it wasn't in circulation anyway so it can't really impact the market.

Buyback is something else, it means they would buy and then burn and that would be awesome because it would collect tokens from the market. But just burning means it was in their hands and instead of selling and dropping the price and making a profit, they did the decent thing and burned them and that is quite cool, and yet not enough.

[GreatArkansas]

The chart of FTM now is very awful. For technical analysis, I am not buying this now, you really don't know until how when it will go down, as you can see the major support around $1 is already broken, especially Bitcoin is really not performing these days, altcoins for sure will be the one will suffer too much.

[yohananaomi]

^ maybe for some people, this cryptocurrency is still foreign but I see this cryptocurrency has great potential.

what do you think, is there a possibility that Fantom will break $1.

https://coinmarketcap.com/currencies/fantom
https://www.coingecko.com/en/coins/fantom
https://www.worldcoinindex.com/coin/fantom

3 dollars now. I made 227% so far!

I love you.

love you too mate

Fantom holders were very happy with the last FTM bull, I still hold a few thousand of FANTOM that I bought when it was $0.02 or when I first created this topic. very confident with the potential for FANTOM to break through to $6 in the next few months.

you are certainly very lucky mate, because it is not easy to hold coins for a long time if not bitcoin and ethereum. fantom is indeed very surprising since last year has seized crypto watchers where it has achieved its best ATH. At the beginning of the year everything was corrected, actually fantom was able to rebound to increase, but unfortunately it couldn't defend itself because the bitcoin correction situation took a very long time to affect all altcoins, including fantom.
with the price dropping, and now at $0.33 of course what fantom need to look for is creating a new ATH before breaking through to $6.