FTM currency future trend and prospect prediction

FTM Coin is a DAG-based cryptocurrency designed to solve scalability and cost issues on the Ethereum network and is widely considered to have strong future prospects. Experts predict that its market capitalization will grow to billions of dollars in the coming years and become a leader in decentralized finance.

What currency is FTM Coin?

FTM Coin (Fantom) is a cryptocurrency built based on Directed Acyclic Graph (DAG) technology, aiming to solve the scalability and cost issues on the Ethereum network. It provides a fast, secure and scalable platform for building decentralized applications (dApps).

Future trend and prospect prediction of FTM coin

The future trend and prospect of FTM coin are affected by the following factors:

• Scalability and low cost: The DAG architecture of the FTM network makes it extremely scalable and low in transaction costs, which is crucial for large-scale application adoption.
• Fast transaction confirmation: The FTM network offers fast transaction confirmation times, typically less than a second, making it ideal for applications that require instant transactions.
• Opera Chain: Opera Chain is a new protocol in the Fantom ecosystem designed to further improve scalability and reduce network congestion.
• DeFi Ecosystem: A variety of decentralized finance (DeFi) applications are hosted on the FTM network, including decentralized exchanges, lending protocols, and synthetic assets.
• Compatibility with other blockchains: FTM Network can interact with other blockchains such as Ethereum and Binance Smart Chain via Fantom Bridge, thus promoting different ecosystems interoperability between.

Based on these factors, FTM Coin is widely considered to have strong future prospects. Here are the predictions of some experts:

• Binance Research: FTM Coin is expected to continue growing in the coming years and become a widely adopted platform.
• Token Terminal: It is predicted that the market value of FTM coins will reach billions of dollars by the end of 2023.
• Cointelegraph: believes that FTM coin has high growth potential and calls it a “leader in the DeFi space.”

However, it is worth noting that the cryptocurrency market is highly volatile, and the actual trend of FTM coins may be affected by unforeseen factors. It is important to conduct your own research and seek professional financial advice before making any investment decisions.

Fantom (FTM)

Current price: $0.6376
24-hour trading volume: $198572489.29
Circulation market cap: $1787643845.54

Recent Changes

The price of FTM fell by 2.91% in the past 24 hours.

causing price movement

The price drop may be attributed to the overall depressed sentiment in the cryptocurrency market and fears of an economic recession.

Future Price Movement

Future price movement is highly uncertain, but as the cryptocurrency market improves and economic concerns subside, the price of FTM may recover.

It is recommended that

• invest cautiously considering market fluctuations.
• Only invest what you can afford.
• Regularly review your investments and make adjustments based on market conditions.

Short-term trend forecast

FTM’s short-term trend is likely to remain volatile, but is expected to rebound when market sentiment improves.

Indicators

• Circulation: 2803634835.5266
• Maximum supply: N/A
• Total supply: 2803634835.5266

The above is the detailed content of FTM currency future trend and prospect prediction. For more information, please follow other related articles on the PHP Chinese website!