The crypto-verse has been generous enough to aspiring and innovative projects. That bring in drastic changes to the ecosystem by offering unique services. One such protocol that holds the potential to revolutionize the DeFi world with its smart contracts is Fantom. That said, the network presently boasts $761.39 M in TVL, with a market share of 1.13%.
The vision behind the launch of the FTM token was to integrate the compatibility between all transaction platforms around the world. The platform is known for employing the “Direct Acyclic Graph” (DAG) smart contract platform, which empowers the scalability of the network.
The distinctive strengths of the network and the recent 335 M FTM incentive program, have caught the interests of marketers. Who are keen on, if FTM price could propel to the $5 mark this 2022. Are you one of the many investors keen on FTM? Look no further, as we exhibit the plausible price prediction of FTM for 2022 and the incoming years.
- Fantom (FTM) Price Prediction For 2022
- FTM Price Prediction For Q3
- Fantom Crypto Price Prediction For Q4
- FTM Coin Price Prediction For 2023
- Fantom Price Forecast For 2024
- Price Prediction Of FTM For 2025
- What Does The Market Say?
- What is Fantom (FTM) Token?
- Fundamental Analysis
- Our FTM Price Prediction
- Historic Market Sentiments
|Circulating Supply.||2.55B FTM|
|All-time high.||$3.48 (28th October 2021).|
|All-time low.||$0.001953 (March 13th, 2020).|
Fantom (FTM) Price Prediction For 2022
|Potential Low||Average Price||Potential High|
FTM price had initiated its run to 2022 with a price tag of $2.2552. The altcoin climbed up to its quarterly high of $3.374 by the 17th of January. But the rise was short-lived as the FTM price plunged to $1.8100 by the 22nd of January. Ranging south, FTM’s price witnessed the bottoms at $1.314 on the 24th of February. After a short-term rebound, the first quarter was closed at $1.5430.
Fantom had initiated the second quarter with a price tag of $1.613. The second quarter was fatal for the altcoin, as the broader industry came across turbulence, amidst the insolvency crisis of major firms. Bearing losses of over 80%, the quarter was terminated at $0.2452.
FTM Price Prediction For Q3
With an increase in volumes, deployment of newer dapps, and with the 335 M FTM incentive program bearing fruits. The price of the digital asset could reach its potential high of $0.3727, by the end of the quarter.
That said, diverging interests of investors and traders, and efforts not bearing expected results. Could drag the price of FTM to its bottom at $0.2214. However, debarred of being influenced by the bears or by the bulls, the average price could stand at $0.3061.
Fantom Crypto Price Prediction For Q4
FTM price could ignite a catapulting flight in the fourth quarter of 2022, as marketers would hold a bullish outlook. The social sentiments could drive in higher volumes. That could persuade the price of FTM towards its quarterly high of $0.5241 by the end of 2022.
While bland circumstances alongside routine trades could limit the price to $0.433. If bears outrun the bulls, and if the market sees an unfortunate dump. The price of Fantom could find support at $0.3182 by the end of its annual trade.
FTM Coin Price Prediction For 2023
If circumstances favour the vision of Fantom, initiatives such as incentive programs, perks of the network, and the stance of the community. Could accelerate the adoption of the protocol, which could bring in newer investors. Wherefore, the price might surge to its maximum annual closing target of $1.0266.
On the contrary, if things go unplanned and if the digital asset falls prey to negative criticism and FUD. The price of the altcoin would settle at its potential low of $0.4575. That said, considering all the viewpoints, the digital coin’s promising average price could be $0.7299.
Fantom Price Forecast For 2024
The graphical representation illustrates the composition of addresses by time held. Presently, the lion’s share of FTM is held by 67.58k cruisers. Followed by 19.77k hodlers, and lastly by 67.58k traders. Learning from the bar graphs, the count of hodlers is on a constant rise over the past year. The spike in hodlers is an optimistic sign for the long-term propulsion of FTM’s price.
Successively, seeking impetus from hodlers the price would remain immune against massive downswings. Conversely, the rise in bullish volumes will help the FTM price rise to a maximum of $1.8702. On the flip side, it could take a dip to the lows of $0.8631.
Price Prediction Of FTM For 2025
When predicting the price for the long term, it is implicit to analyze the asset’s historical footprints. And how it behaves when bears overtake the market. From a historical point of view, Fantom remains relatively volatile during market fluctuations. Hence, by the end of 2025, at minimum, the price could flip to $1.6228.
As the coin continues to evolve, this super-fast smart contract platform has the potential to reach $3.541. The impetus for which could come from greater adoption of the protocol. And successful collaborations and alliances. That said, factoring in its average trajectory over its cycles, the price of Fantom could settle at intermediate levels of $2.456.
|Year||Potential Low||Potential High|
What Does The Market Say?
According to the technical analysis of the website, Fantom’s price may hit a maximum of around $1.833 by year-end. They are hopeful that the price may hit an average of $1.277 by the end of 2022. As per the analysis, the platform is ideal for long-term investments. And the price may hit a three-digit value of $4.688 by the end of 2025.
Digital Coin Price:
Digital Coin Price expects a linear price projection for Fantom’s FTM. The firm forecasts the maximum closing target for 2022 at $0.37. Whilst expecting the minimum and average levels to fall at $0.32 and $0.34. According to the prediction of Digital Coin Price. FTM could close its trade for 2023 and 2025 with maximum prices of $0.4 and $0.56.
The analysts from the firm expect the digital asset to reach an average price of $1.15 by the end of 2022. The analysts expect minimum and maximum closing targets for 2022 to fall at $1.353 and $1.555 respectively. That said, Gov. Capital pins a bullish outlook on the higher time frame. As they foresee the token to reach maximum values of $3.627 and $9.347 by the end of 2023 and 2025.
To read our in-depth price forecast of BitTorrent click here!
What is Fantom (FTM) Token?
Fantom is an open-source, permissionless, and decentralized smart contract platform. Built to counter the drawbacks of the previous generation blockchain networks. The DeFi token makes use of a revolutionary aBFT consent mechanism called Lachesis. This enables the token platform to be much faster and cost-efficient than previous technologies.
Fantom has its own native token FTM, which intends to solve technical glitches related to smart-contract platforms, notably transaction speed. As per the reports, developers claim that they have lowered the speed below two seconds. The altcoin also makes use of a leaderless Proof-of-Stake mechanism to provide a high level of security. Moreover, the protocol is compatible with ERC 20 as well as BEP 2.
The Fantom protocol was launched by Dr Ahn Byung Ik, a computer scientist from South Korea. The foundation’s initial product offering done in 2018, went live mainstream in December 2019. The present CEO of the network is Micheal Kong. The innovative developers behind the network possess advanced knowledge in the field of full-stack blockchain development.
The team is intended to build a smart contract platform that integrates scalability and security. One of the consensus layers of the platform Lachesis enables Fantom’s Opera mainnet deployment. The modularity of the network is highly flexible as the developer team can deploy their existing Ethereum-based decentralized Fantom.
Our FTM Price Prediction
Fantom is one of the young and promising altcoins. We have brought you some interesting predictions for this coin. According to Coinpedia’s formulated Fantom price prediction, it may smash $0.5 by the end of 2022.
On the downside, market fluctuations and uncertain global conditions, even failure of upgrades can be a possible setback for the altcoin. And thereby the DeFi token’s price may struggle to consolidate around $0.32 by the end of 2022.
Historic Market Sentiments
- Fantom made its debut in December 2019 with an ICO of $1.94. In the same month, the price fell to around $0.0386.
- As the platform was not so active during the initial months. The coin lingered at $0.01289 for at least 4 months till year-end.
- The FTM price didn’t have any significant gains in the year 2020 as there were no events or fundamental upgrades.
- Till the end of December 2020, the price hovered around the price level of $0.0184.
- Fantom initiated its rally with a price of $0.01648.
- The series of events and listing on Gemini helped the price surge over $0.8185 by May 8th.
- However, due to the Chinese market crisis, the price plunged back drastically to $0.2524.
- The PoS token regained momentum by surging 941% to the $1.7 milestone on September 9th.
- The Chinese market turmoil disturbed the price rally again, dumping the asset’s price to $0.9896 in the same month.
- Forming a rising wedge pattern the price surged by more than 300% on October 8th taking the price to $2.38.
- After taking a dip of over 50% amidst prolonged bearish trends, FTM posed a 2X run to $2.38.
Click here to read our price prediction of Uniswap!
A: Yes, FTM is a profit-making investment, considering the strengths of the network, and the initiatives undertaken by the makers. The digital coin could portray higher yields in the long term.
A: Yes it is a safe network, as it employs a bespoke model of the Proof-of-Stake algorithm.
A: Considering the current projections and stance of the network. FTH price could claim a feasible potential high of $0.5241 by the end of 2022.
A: According to our Fantom price prediction 2025, the altcoin could claim a maximum of $3.541.
A: FTM is available for trade across prominent cryptocurrency exchange platforms such as Huobi, Okex, Binance, etc…