What Is Fantom (FTM)?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.
The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
Who Are the Founders of Fantom?
The Fantom Foundation was founded by South Korean computer scientist Dr. Ahn Byung Ik. Currently, the platform’s CEO is Michael Kong.
The team behind Fantom has extensive experience primarily in the field of full-stack blockchain development, and aimed to create a smart contract platform which privileges scalability, decentralization and security.
According to its official website, Fantom’s team also consists of specialist engineers, scientists, researchers, designers and entrepreneurs. Employees are located throughout the world, matching the ethos of a distributed platform.
Fantom Price Prediction
If you’re looking for Fantom price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Fantom (FTM) will go in the future? We will analyze the past prices of Fantom (FTM) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
|USD Price||$ 2.39|
|24h Volume||$ 1,746,492,465|
Fantom (FTM) Price Prediction
At reconshell.com we predict future Fantom price predictions/FTM forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Fantom. We do our best to collect maximum historical data for the FTM coin which include multiple parameters like past price, Fantom marketcap, Fantom volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Fantom Price Prediction 2022
According to our deep technical analysis on past price data of FTM, In 2022 the price of Fantom is predicted to reach at a minimum level of $3.78. The FTM price can reach a maximum level of $4.49 with the average trading price of $3.91.
Fantom Price Prediction 2023
The price of Fantom is predicted to reach at a minimum level of $5.43 in 2023. The Fantom price can reach a maximum level of $6.65 with the average price of $5.63 throughout 2023.
FTM Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of Fantom is predicted to reach at a minimum level of $7.87. The FTM price can reach a maximum level of $9.43 with the average trading price of $8.10.
The price of 1 Fantom is expected to reach at a minimum level of $11.33 in 2025. The FTM price can reach a maximum level of $13.71 with the average price of $11.66 throughout 2025.
Fantom Price Prediction 2026
Fantom price is forecast to reach a lowest possible level of $16.52 in 2026. As per our findings, the FTM price could reach a maximum possible level of $19.68 with the average forecast price of $17.10.
Fantom Price Prediction 2027
According to our deep technical analysis on past price data of FTM, In 2027 the price of Fantom is forecasted to be at around a minimum value of $25.23. The Fantom price value can reach a maximum of $29.12 with the average trading value of $26.08 in USD.
Fantom (FTM) Price Prediction 2028
The price of Fantom is predicted to reach at a minimum value of $38.35 in 2028. The Fantom price could reach a maximum value of $44.58 with the average trading price of $39.39 throughout 2028.
Fantom Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of Fantom is expected to reach at a minimum price value of $56.78. The FTM price can reach a maximum price value of $65.98 with the average value of $58.35.
Fantom (FTM) Price Prediction 2030
The price of Fantom is predicted to reach at a minimum value of $91.08 in 2030. The Fantom price could reach a maximum value of $98.13 with the average trading price of $93.41 throughout 2030.
Fantom Price Prediction 2031
Fantom price is forecast to reach a lowest possible level of $131.97 in 2031. As per our findings, the FTM price could reach a maximum possible level of $159.09 with the average forecast price of $135.71.
How Many Fantom (FTM) Coins Are There In Circulation?
FTM is a proof-of-stake (PoS) token which in fact exists in several incarnations.
The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself.
The total supply of FTM is 3.175 billion tokens, of which 2,134,638,448 FTM is currently in circulation. The rest will be released subject to a schedule running through 2023.
Staking forms an important part of tokenomics, with a proportion of the supply reserved specifically for staking rewards to users who hold FTM.
How Is the Fantom Network Secured?
Fantom uses a bespoke variety of proof-of-stake algorithm to provide services and secure its network. Known as Lachesis, it is an example of a so-called asynchronous byzantine fault tolerant (aBFT) consensus mechanism.
By removing leadership among network participants, Fantom avoids low-cost attack risk, while staking adds further user incentives to secure operations using FTM token holdings.
Where Can You Buy Fantom (FTM)?
Fantom’s FTM token is freely tradeable, and can be found on major exchanges such as Binance, Gate.io and OKEx Korea.
FTM exists on several protocols, with ERC-20, BEP2 and Fantom’s own OPERA tokens all circulating.