Fantom (FTM) Price Prediction 2024, 2025, 2026 – 2030

The crypto-verse has been generous enough to aspiring and innovative projects. That brings 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.

The vision behind the launch of the FTM token was to integrate 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 is keen on, if FTM price could propel to the $1 mark this 2024? Are you one of the many investors keen on FTM? Look no further, as we exhibit the possible price prediction of FTM for 2024 and the years to come.

Overview

Cryptocurrency	Fantom
Token	FTM
Price	$ 0.39867811 5.95%
Market cap	$ 1,117,747,849.1084
Circulating Supply	2,803,634,835.5266
Trading Volume	$ 63,885,254.9582
All-time high	$3.48 on 28th October 2021
All-time low	$0.001953 on 13th March 2020
24 High	$ 0.4065
24 Low	$ 0.3752

*The statistics are from press time.

FTM Price Prediction February 2024

The Fantom price traded between $0.4540 and $0.5192 for the first few days, following which the market lost momentum and the price recorded a correction of 19.5% in valuation. After this, the Fantom coin traded sideways for a while, as the market was cooling off, the coin broke down its support level.

The Fantom coin then traded in a closed range between $0.3803 and $0.4184 for about two weeks, during which it displayed significant price volatility. After multiple attempts to hold the price above the support level, the bulls recorded another loss, resulting in the price experiencing a correction of 26.5% in valuation.

The bulls held the price above the crucial support level, after which the price experienced a bounceback in the chart. Since then, the price has been trading between $0.3411 and $0.3803, highlighting a weak price action for the coin in the market. Currently, the FTM price is attempting a breakout of which the outcome is unpredictable.

The technical indicator, MACD, displays a constant green histogram, indicating a bullish influence in the market. Further, the averages show a steady rise, highlighting the price will continue gaining value in the coming days.

If the Fantom successfully breaks out of its support/resistance level of $0.3803, the bulls will continue to gain momentum and test its resistance level of $0.4184. Moreover, if the market holds the price at that level, it will prepare to test its upper resistance level of $0.4540 this month.

Conversely, if the bulls fail to gain power, the price will lose momentum and fall to test its support level of $0.3411. If the bears continue to dominate the market, it will plunge and prepare to test its lower support level of $0.3077 in the upcoming weeks.

Fantom Price Forecast 2024

With an increase in volumes, deployment of newer dapps, and the 335 M FTM incentive program bearing fruits. The price of the digital asset could reach a new potential high, as marketers would hold a bullish outlook. The social sentiments could drive in higher volumes. The increase in holders will be an optimistic sign for the long-term propulsion of FTM’s price. 

Successively, seeking impetus from holders the price would remain immune against massive downswings. Conversely, the rise in bullish volumes will help the FTM price rise to a maximum of $0.527. On the flip side, it could take a dip to the low of $0.321. That being said, the average price might land at $0.424.

Fantom Price Prediction 2024 – 2030

Fantom Price Prediction 2025

When predicting the price for the long term, it is important 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 $0.485. 

As the coin continues to evolve, this super-fast smart contract platform has the potential to reach $0.710. The impetus for this 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 $0.597.

Fantom Price Prediction 2026

According to our analysts, FTM coin price prediction for the year 2026 could range between $0.636 to $0.940, and the average price of Fantom could be around $0.788.

Fantom Price Prediction 2027

According to our analysts, Fantom price for the year 2027 could range between $0.800 to $1.106, and the average price of FTM could be around $0.953.

Fantom Price Prediction 2028

According to our analysts, FTM crypto prediction for the year 2028 could range between $0.973 to $1.284, and the average Fantom coin price could be around $1.128.

Fantom Price Prediction 2029

According to our analysts, Fantom’s forecast for the year 2029 could range between $1.101 to $1.531, and the average FTM coin price could be around $1.316.

Fantom Price Prediction 2030

According to our analysts, FTM predictions for the year 2030 could range between $1.363 to $1.922, and the average Fantom price could be around $1.642.

What Does The Market Say?

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s Fantom 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 $0.527 by the end of 2024.

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 $0.321 by the end of 2024.

Fundamental Analysis

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.

What Is Fantom 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…