What do you think about Fantom Coin?

[Justin999]

Fantom coin (FTM) is old coin, a scalable blockchain platform, mainly for  Decentralized finance (DeFi), crypto dApps, and others applications.  It had recorded around $3 ATH in 2021 bull run. Currently it is on #73 position on coingecko with $0.40 price. Within a month, it pumped more than 40% and looks good. What's your opinion about this coin? Does this coin still has potential or better to looking for another new coin with new technology?

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[tsaroz]

Fantom coin (FTM) is old coin, a scalable blockchain platform, mainly for  Decentralized finance (DeFi), crypto dApps, and others applications.  It had recorded around $3 ATH in 2021 bull run. Currently it is on #73 position on coingecko with $0.40 price. Within a month, it pumped more than 40% and looks good. What's your opinion about this coin? Does this coin still has potential or better to looking for another new coin with new technology?

I have an interest on utility coins and fantom has been on my hold list. The fantom ecosystem has a healthy growth and a good volume locked and being transacted on it.
Being a L2 on Ethereum network and Fantom coin itself being used for fees, it's easier to get started on the ecosystem.
I also am using a few defi on the network as the staking rates are better and the fee I pay on transaction are mostly below $0.005.
I believe it can reach its previous ATH when the bull arrives, that would make a x7.5 of current price.

[crwth]

This pump was probably caused by the increase in the price of BTC. In essence, it still hasn't grown into something but if there would be an influx of money due to possible upgrades or improvements made on the coin, it could possibly increase. I know a lot of people are now pouring money into BTC with the OLD Money that was from the BTC ETF approval and awaiting the ETH ETF as well, maybe there would be a better chance for it.

[Bureau]

Two major hacks were reported last year on Fantom, which dented its reputation and price.  When it was launched in 2019 it had everything to capture the market considering that Ethereum has many issues. But, it failed to capture the market, a lot depends on how you promote a project. I do not think it will be wise to invest in Fantom as it won't be able to beat or recover as other projects are doing far better in the market. I think it is better to avoid it and if not do not expect a great deal from it in the next bull run. I feel it won't be able to surpass its own ATH in the next bull market.

[martinex]

I think FTM remains like the others, waiting for its turn to rise, so as preparation, if you are targeting this coin, it's best to collect it now because it's possible that the increase could happen suddenly like other old coins such as Ada, Matic Sand and Ape. Indeed, for altcoins, it's a bit already Guess which one will go up first and today the decline continues and the most affected are the coins that have just been listed on the exchange.

[mk4]

It's a capable coin of a capable platform, but the ecosystem is a little bit too "meh". The Ethereum L2s like Arbitrum, Optimism, and Polygon(not technically an L2) are doing far better in terms of ecosystem growth than Fantom. The only reason I'd buy Fantom is really just Andre Cronje himself. Other than that? I don't really know.

[Kelward]

This pump was probably caused by the increase in the price of BTC. In essence, it still hasn't grown into something but if there would be an influx of money due to possible upgrades or improvements made on the coin, it could possibly increase. I know a lot of people are now pouring money into BTC with the OLD Money that was from the BTC ETF approval and awaiting the ETH ETF as well, maybe there would be a better chance for it.

As Bitcoin price is pumping progressively since the last quarter of last year, heading towards it's bull run, some coins that had dipped to the bottom are now resurrecting, so it's no surprise that fantom coin, also made the list. I think that if fantom, will be worth investing will depend on the innovative input of it's developer team, to make it lucrative for investors to put money in it, because investors in Bitcoin will be happy to reinvest in other potential coins that'll also give them ROI in the coming bull run. So if anybody feels confidence that this coin in discussion has the potential to still pump and hopefully surpass it's previous ATH, then let them take the bull by the horns and invest.

[DeathAngel]

It’s $0.41 currently according to CoinMarketCap. The total supply is 3.18 billion with a circulating supply of 2.80 billion. The ATH was close to $3.00 in 2021. I don’t like coins with such a huge total supply but considering it’s still lagging behind Bitcoin & main Altcoins with regards to reclaiming the ATH, I think Fantom has a lot of space for upwards price discovery. It’s worth buying some I think.

[Jonyshake71]

Fantom already increased from that point within these days and now its more than $1 and standing at #46th rank on coingecko. Even today market was in correction mood but i saw Fantom is Top gainer list on binance where it increased 12% today. This is good point for them who invested on fantom. It also have some issues, hacking incident and unexpected works from team but still it has chance to grow and it looks fine to go with.

[Belarge]

Fantom already increased from that point within these days and now its more than $1 and standing at #46th rank on coingecko. Even today market was in correction mood but i saw Fantom is Top gainer list on binance where it increased 12% today. This is good point for them who invested on fantom. It also have some issues, hacking incident and unexpected works from team but still it has chance to grow and it looks fine to go with.

There's basic details about the Fantom project, it keeps making differences as the days passes by. Fantom is $1.01 with 14.8% pump in the last 24hrs, currently ranked 44th position on coingecko, with a market cap of $2,814,111,994 and still counting. A promising project won't contain all these features in the market. Fantom project is a promising one from afar because bitcoin halving have not reached and we're already witnessing major changes in the system, we know how difficult it can be for most of these projects but they actually do the needful and understand the market.

[Bureau]

The current investor sentiment in the crypto market is more towards meme coins. FTM is a good cryptocurrency but in the small bull run these crypto did not perform as well as expected from them. Currently the price of 1 FTM is significantly lower to its ATH and at present it is falling due to Bitcoin price going into red. Whatever gains it got in the small bull run will be again lost if the market keeps going into red. I think it is time for anyone interested in this token to accumulate more and wait.

[btc78]

Disregarding past activities and only focusing on its current price, I would say it is exhibiting a lot of potential at least for the next week. I personally believe that this is simply temporary and would not really surpass its ath of $3. With that being said, I would recommend those who are holding to take advantage of this temporary pump because it will go down just as quick. With bitcoin going down, we might see an increase in other altcoins as many people are transferring their coins.

[God bless u]

Yes I think it's a strong network in terms of its attributes and the things it is claiming. It has established a strong base on its network regarding the payments that are being received and sent on this network. It will slope up in the coming up days and it could possibly reach up to 10$ if you are considering long term investment.

Now it all depends upon the team of the project owners that whether they continue to work on the things they claimed regarding the project.if they continue the pace it is then a good investment option and it could lead to some good profits on both types of investments short and long term.

[Sophokles]

I have a similar opinion about all the layer 1 projects, except ETH and Sol. These two are unique and they are doing good in their own category but other layer 1 project hyped out in the last cycle and this time i don't think they will get much attention for only being a layer 1 project. As an example Near Protocol pumped so much even after being a layer 1 project because of its footprint in the sector of AI and its DA technology. I think some of the project have already realized it and migrate into layer 2 project.

[Essential10]

Fantom coin (FTM) is old coin, a scalable blockchain platform, mainly for  Decentralized finance (DeFi), crypto dApps, and others applications.  It had recorded around $3 ATH in 2021 bull run. Currently it is on #73 position on coingecko with $0.40 price. Within a month, it pumped more than 40% and looks good. What's your opinion about this coin? Does this coin still has potential or better to looking for another new coin with new technology?

Currently many investors have expressed their willingness to invest in FTM coin. FTM has shown a very bearish performance in the current bullish sentiment. FTM has shown green light on most days with more than 30% price volatility over the past thirty days. The last two days have seen a lot of downward movement in the price of FTM coin when the price of Bitcoin was going down. Personally I think the coin may perform well in the future but I don't think the coin will surpass its past highs.  Now is not a bad time to invest in Fantom Coin.

[leonair]

Fantom coin (FTM) is old coin, a scalable blockchain platform, mainly for  Decentralized finance (DeFi), crypto dApps, and others applications.  It had recorded around $3 ATH in 2021 bull run. Currently it is on #73 position on coingecko with $0.40 price. Within a month, it pumped more than 40% and looks good. What's your opinion about this coin? Does this coin still has potential or better to looking for another new coin with new technology?

FTM is not bad coin it has future but i am still not interested to invest on FTM but i think FTM can be a better investment for long term. i am now investing on much popular  coin Ethereum and BNB. Bitcoin is my first choice and 2nd choice is ETH & BNB then another coins. after investing money on my first 3 favourite coins i don’t have enough money for invest on another coin like FTM. but when my ability will grow i will invest on FTM.

[2Pizza410000BTC]

Fantom coin (FTM) is old coin, a scalable blockchain platform, mainly for  Decentralized finance (DeFi), crypto dApps, and others applications.  It had recorded around $3 ATH in 2021 bull run. Currently it is on #73 position on coingecko with $0.40 price. Within a month, it pumped more than 40% and looks good. What's your opinion about this coin? Does this coin still has potential or better to looking for another new coin with new technology?

Fantom is currently in a much better position. Fantom created new ATH by reaching the high of $3 in 2021, but currently it has not reached the recovery position. In this bull market, Fantom is currently trading at $1.06. The dumping market came in and the price dropped a lot but slowly recovered most of its price but is expected to recover before the next bull market and will certainly generate new ATH when the upcoming bull market starts in the Bitcoin market. Future plans are good and hope to be in a good position later.