Key Takeaways
- Fantom is a decentralized blockchain platform specializing in smart contracts by utilizing the acyclic graph (DAG) system.
- Per various market analysts and technical indicators, the coin is estimated to rise over 840% and reach a potential high of $6.55 by 2029.
- The coin is currently trading at $0.6788 registering a slight downward trend of 3% from the previous day.
Ranked #58 based on the overall market cap, the FTM coin is one of the most sought-after coins in the market. The coin is currently in a pullback from its recent rally that commenced on November 13th amid the US Presidential election. At that time, the coin was trading at $0.657077. From there, the coin rapidly gained momentum in the market and reached a peak of $1.44 by the 16th of December 2024.
However, due to the selling pressure, the coin spiraled downward from there and is currently trading at $0.6788 registering a slight downward trend of 3% from the previous day. With a circulating supply of 2.80 billion tokens, the coin’s market cap stands at $1.95 billion. In this article, we will look at the main features of the Fantom platform, the factors that could affect its standing in the market, and also how it will fare in the coming days.
Fantom & Its Key Features
Fantom is a decentralized blockchain platform specializing in smart contracts by making use of the acyclic graph (DAG) system to record its transactions. This DAG system makes it easier to manage and optimize the transactions in the network. The platform was first introduced to serve as an alternative to the Ethereum. FTM, the native token of the Fantom network is used as a utility and governance token in the network.
Fantom employs a Lachesis consensus mechanism that is used to verify transactions and create new blocks. The platform supports a wide range of services like gaming, supply chain management, and other financial services. The key features of the Fantom network include
- Scalability: The Fantom network uses the Lachesis consensus mechanisms to improve the platform’s scalability.
- Speed: Fantom’s blockchain technology can execute transactions in under a second.
- DeFo Finance: Fantom offers decentralized financial services spanning over 80 dApps.
- Compatibility: The Fantom platform is also compatible with the ETH network, allowing users to trade ERC-20 standard FTM.
- Security: Fantom makes use of the consensus mechanism to provide well-built security measures to the platform.
Factors Influencing The FTM Token Growth
Many factors coils have a positive and negative impact on the price of a cryptocurrency in the crypto market. Here, we will look into some of these factors so you know what to expect for the future of a coin.
- Tokenomics: A token having a higher circulating supply will have a diluted market cap while one having a limited supply will have more value.
- Exchange Listing: If the FTM manages to get itself listed on some of the major exchanges, it could significantly boost its value for a limited time frame.
- Community: If the FTM maintains a strong and active community, it could benefit the coin’s market value in the long haul.
- Liquidity: If a coin has limited liquidity, it becomes harder to trade, which can have a negative impact on its market value and vice versa.
- Global Factors: Global factors like war and inflation can significantly bring down the price of cryptocurrencies.
- Competition: If there arises a coin in the market that rivals the FTM’s features, it could have a negative impact on the coin’s market value.
Fantom (FTM) Price Prediction: How High Will The FTM Soar?
Now that we know the FTM token’s current market performance, let’s take a sneak peek into its future. For this, we have prepared two price prediction tables one showcasing the coin’s short-term growth and the other for the long-term. If you’re interested in the FTM token and want to gain insight into its potential future, refer to the table below.
Fantom (FTM) Short-Term Price Prediction 2025
Month | Min Price | Avg Price | Max Price | Potential ROI |
---|---|---|---|---|
January | $0.690148 | $0.737917 | $0.888847 | 27.71% |
February | $0.662059 | $0.715475 | $0.749276 | 7.65% |
March | $0.640151 | $0.833112 | $0.973548 | 39.88% |
April | $0.605797 | $0.647839 | $0.713093 | 2.46% |
May | $0.576002 | $0.600619 | $0.645936 | 7.19% |
June | $0.556934 | $0.613495 | $0.701048 | 0.72% |
July | $0.713334 | $1.021668 | $0.4719.4 | 111.48% |
August | $1.140321 | $1.398092 | $1.197513 | 158.26% |
September | $1.765249 | $2.10 | $2.38 | 242.41% |
October | $1.244244 | $1.635209 | $2.02 | 189.67% |
November | $1.285218 | $1.767635 | $2.25 | 223.20% |
December | $1.712821 | $2.02 | $2.38 | 242.45% |
Fantom (FTM) Long-Term Price Prediction 2025-2030
Year | Min Price | Avg Price | Max Price | Potential ROI |
---|---|---|---|---|
2025 | $0.556934 | $1.173657 | $2.38 | 242.45% |
2026 | $0.562364 | $0.821549 | $1.842218 | 164.71% |
2027 | $0.565496 | $0.664902 | $0.840119 | 20.72% |
2028 | $0.640717 | $0.861435 | $1.300601 | 86.89% |
2029 | $0.417879 | $2.34 | $6.55 | 841.16% |
2030 | $0.436113 | $1.287028 | $4.73 | 580.16% |
Note: Keep in mind that the above-given price can vary per the trend changes in the market.
Where To Buy The FTM Token?
If you’re currently interested in the FTM token and are wondering how to buy it, you came to the right place. Here is a list of the top crypto exchanges currently listing the FTM token.
- Binance
- KuCoin
- Kraken
- Bybit
- OKX
- Gate.io
- MEXC
- PrimeXBT
How To Buy The FTM Token?
Follow the steps below to buy the FTM token easily. This quick guide will help you get started with your FTM purchase in no time.
- Step 1: Choose an exchange by conducting thorough research.
- Step 2: Log into that exchange and fund your account.
- Step 3: Browse for the FTM token in the chosen exchange.
- Step 4: Choose a trading pair and enter the necessary information.
- Step 5: Click “Buy” and confirm the transaction.
After verifying your transaction, the tokens will be added to your exchange account, which you can later transfer to your private wallet at any time.
Is The FTM Token A Good Buy Now?
The market sentiment regarding the FTM token is currently “Bearish” in nature. However, per various market analysts and technical indicators, the coin is estimated to rise over 2.5% and reach a value of $0.71236 by the first half of February. The FTM token has traded the last 7/30 days in green with price volatility of 22.96% as per the market data.
Also, the token’s Fear & Greed Index has also hit 63, indicating “Greed” in the market. Based on these forecasts and market data, it is not the best time to put your money on the FTM token. However, if you’re still interested in the coin, make sure to conduct thorough research on the trends in the market before proceeding with the investment.