Why you should invest in Fantom (FTM) crypto

Currently ruling the exchange, Fantom is surging ahead due to Singapore-based Hyper Chain Capital having declared its investment worth $15 million. However, in this article, we will discuss why you should invest in FTM crypto  before it too late

Fantom, more popularly known by its native token FTM, has recently been active in the crypto market, performing miracles. Before we start with a detailed Fantom price prediction, check our overview.

What is Fantom ( FTM) coin?

Fantom is a decentralized, permissionless, open-source smart contract platform for decentralized applications (dApps) and digital assets — one of many blockchain networks built to provide an alternative to Ethereum.

More so, the Fantom blockchain mainnet went live in December 2019 and its network architecture intends to provide a viable solution to the blockchain trilemma by providing a steady balance of scalability, security, and decentralization.

What Problem is Fantom solving?

Fantom was built to tackle many of the problems faced by Ethereum users and developers today. The primary focus of the network is to create a secure and scalable decentralized network.

Meanwhile, to this extent, the development team succeeded. Fantom can provide near-infinite scalability and instant transactions at nearly zero cost.

Is Fantom FTM a good investment?

Although, Fantom too, is no exception. It has also witnessed its ups and down many times but what it now seems to be setting is as if it is racing to make a world record.

According to present data Fantom (FTM) and potentially its market environment has been in a bullish cycle in the last 12 months (if exists).

Major AI cryptocurrency analyst implies that there will be a positive trend in the future and the FTM might be good for investing for making money.

Since this virtual currency has a positive outlook we recommend it as a part of your portfolio. Trading in bull markets is always easier so you might want to favour these currencies under the given circumstances but always read up on optimal investment strategies if you are new to investing.

Why you should invest in FTM?

You will recall, in December 2019, when Ethereum showcased an exceptional performance breaking past $500 and moved to $900 beginning January 2020, Fantom started its gradual but steady performance.

Even though it witnessed a fall in February 2021 to a low of $0.40 after it marked a new high around $0.65. The Pandemic seems to have set the stage for Fantom with its outstanding performance.

Fantom has grown multifold, surpassing other crypto rivals in the market. After plunging below $0.30 in the last month, Fantom FTM price has recently initiated a recovery and marked a new all-time high at $0.95.

Where to buy FTM

If you are worried about where to buy FTM, worry no more cause all major exchanges now BUY/SELL the coin. Binance, Gemini, Sushi, Uniswap, Kucoin etc have listed the coin and is available for trading too.

FTM forecast 2025

On a daily chart, FTM price though plummeted but based on market cap, and resistance level, one of the most bullish on-chain metrics in favour of FTM/USD is the significant increase in the number of coins deposited into the contract.

With FTM showing so much promise, it has support from all the industry crypto connoisseurs who firmly believe that backed by a fundamental robust algorithmic science and a consistent performance, the future price of the coin can rise to $5.77 in the long term.

The benefit of Fantom ( FTM)

There are some unmistakable benefits users gain when they join the Fantom ecosystem. The platform has proven to be ideal for payments, supply chain management, Defi, and enterprise applications. Additionally, developers don’t have to learn a new programing language. Fantom is completely EVM-compatible.

Fantom is a multi-layered Delegated Proof-of-Stake (DPoS) blockchain. The network’s architecture can be broken down into three distinct layers. These layers can communicate data and enjoy the complete compatibility of all transactions and transaction tools.