Updated On: Mon, August 26, 2024, 04:01 AM GMT
Introduction:
In the world of cryptocurrency, Fantom (FTM) emerges as a distinctive player riding the waves of innovation on the Solana blockchain. Launched in 2024, the first goose-themed coin has swiftly gained attention, initiating a bullish trend that has set the stage for our exploration of FTM’s price predictions spanning 2024 to 2030.
What is Fantom (FTM)?
Fantom (FTM) stands as a decentralized, open-source blockchain platform with a primary goal of providing rapid and secure transactions for both developers and users. Born in 2018, this directed acyclic graph (DAG) smart contract introduces decentralized finance (DeFi) services, empowered by a bespoke consensus algorithm. The uniqueness of Fantom lies in its capacity to handle up to 300,000 transactions per second, positioning it as one of the fastest blockchain platforms available. The utilization of the Lachesis protocol further distinguishes Fantom, ensuring fast, secure, and high-throughput consensus through an asynchronous Byzantine Fault Tolerance mechanism.
How Does Fantom (FTM) Work?
At its core, Fantom’s foundation rests upon two key features: the Directed Acyclic Graph (DAG) and the Lachesis consensus mechanism. DAG facilitates the issuance of a tokenized digital currency, akin to traditional cryptocurrencies but with added features promoting decentralization, anonymity, and public transactions. The Lachesis consensus mechanism, meanwhile, epitomizes Fantom’s approach to achieving consensus among nodes, acting as a native asynchronous Proof of Stake model.
Founders of Fantom (FTM):
The brainchild of Fantom is Ahn Byung Ik, a distinguished South Korean computer scientist who laid the groundwork for the platform in 2018.
Fantom (FTM) Live Overview:
| Coin Name | Fantom |
|---|---|
| Ticker Symbol | FTM |
| Official Website | fantom |
| Maximum Supply | 3,175,000,000 FTM |
| Launched In | 2018 |
| All-Time High | $3.48 (On October 28, 2021) |
| Trading Exchanges | Binance, Kraken, KuCoin, Bitfinex, Gemini, SushiSwap, Bittrex, Gate.io, Bybit, Huobi. |
| Wallet | Trust Wallet, MetaMask. |
Fantom (FTM) Price Predictions 2024, 2025, 2026-2030:
| Year | Average Price Range |
|---|---|
| 2024 | $0.32 to $0.54 |
| 2025 | $3.37 to $3.59 |
| 2026 | $2.34 to $2.58 |
| 2027 | $1.10 to $1.32 |
| 2028 | $3.40 to $3.62 |
| 2029 | $9.40 to $10.80 |
| 2030 | $7.22 to $8.16 |
Fantom (FTM) Price Prediction 2024:
Fantom (FTM) is anticipated to show moderate growth in 2024, with the forecasted average price range between $0.32 and $0.54.
Fantom (FTM) Price Prediction 2025:
Fantom (FTM) is expected to continue its upward trajectory in 2025 amid bull run sentiments, with the forecasted average price range between $3.37 and $3.59.
Fantom (FTM) Price Prediction 2026:
In 2026, Fantom (FTM) may experience slight fluctuations, with the predicted average price range between $2.34 and $2.58.
Fantom (FTM) Price Prediction 2027:
Fantom (FTM) could see some stabilization in 2027, with the anticipated average price range between $1.10 and $1.32.
Fantom (FTM) Price Prediction 2028:
A strong recovery is expected for Fantom (FTM) in 2028, with the forecasted average price range between $3.40 and $3.62.
Fantom (FTM) Price Prediction 2029:
Fantom (FTM) might experience significant gains in 2029, with the predicted average price range between $9.40 and $10.80.
Fantom (FTM) Price Prediction 2030:
Fantom (FTM) is expected to see downturn, with the anticipated average price range between $7.22 and $8.16.
Disclaimer:
The content presented in this article is intended for informational purposes only and should not be construed as financial advice. The author is not a financial advisor, and any decisions related to investments made by readers based on the information provided herein are made entirely at their own discretion.
Frequently Asked Questions (FAQ) – Fantom (FTM) Investment and Price Prediction:
Is Fantom (FTM) a Good Investment?
Investing in Fantom (FTM) can be considered based on various factors. The cryptocurrency market is inherently volatile, and while Fantom has shown promise with its unique features and technological capabilities, it’s crucial for investors to conduct thorough research, consider market trends, and assess their risk tolerance before making any investment decisions.
What Will Be the Worth of Fantom (FTM) in 2025?
In 2025, Fantom (FTM) is forecasted to have an average price range between $3.37 and $3.59.
What Will Be the Worth of Fantom (FTM) in 2030?
Looking ahead to 2030, Fantom (FTM) is projected to have an average price range between $7.22 and $8.16.
Is Fantom (FTM) Suitable for Long-Term Investment?
Long-term investment suitability depends on individual financial goals, risk tolerance, and market analysis. Fantom’s unique features, including its high transaction throughput and Lachesis protocol, position it as a player in the decentralized finance space. Investors considering long-term commitments should stay informed about technological advancements, project developments, and broader market trends.