#FTMUSDT (Watchlist) 2-2024FTM is the native token of the Fantom blockchain, a fast and scalable smart contracts platform.
It serves as the utility token for payments, network fees, staking, and governance within the Fantom ecosystem.
Key Features:
Scalability: Fantom boasts ~2,000 transactions per second with ~1-second finality, significantly faster than Ethereum.
Energy Efficiency: Achieves this scalability without needing additional layers, resulting in a smaller environmental footprint.
Compatibility: Supports Ethereum Virtual Machine (EVM), allowing Ethereum projects to easily migrate to Fantom.
Staking: Users can earn rewards by locking their FTM tokens to secure the network.
Governance: FTM holders can participate in voting on proposals to shape the future of the Fantom platform.
Current Price (as of February 8, 2024):
~$0.37 USD
Market cap: ~$3.3 billion
Add to your watchlist
When we suggest adding a coin to your watchlist, it means it's forming a pattern or approaching a historical bottom, near or above a good support level, displaying increased trading volume, showing a reversal candle, in an accumulation stage, etc. However, we haven't seen any bullish reaction yet, so we recommend adding it to your watchlist until the right time for entry.
Note:
This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management.
Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing.
Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏