Fantom Price: FTM Live Price Chart, Market Cap & News Today | CoinGecko

What is Fantom?

Fantom is a Layer 1, EVM-compatible blockchain. It aimed to create a secure and efficient smart contract platform for projects to develop decentralized applications (dApps) and execute peer-to-peer financial transactions.

What Makes Fantom Unique?

Fantom stands out with its Lachesis consensus mechanism for fast and scalable transactions. Unlike most blockchains, which require a set number of blocks added to the chain to validate a transaction, transactions on Fantom are validated as soon as over two-thirds of the node reaches a uniform response. It allows Fantom to achieve almost instant transactions.

What can FTM Be Used For?

FTM tokens power the Fantom ecosystem. Fantom runs a Proof-of-Stake consensus algorithm, so holders can stake their FTM tokens to secure the network and receive rewards. FTM stakers can vote on proposals to improve the platform. And finally, FTM is used to cover gas fees for native transactions.

Where can you buy Fantom?

FTM tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Fantom is Gate.io, where the most active trading pair FTM/USDT has a trading volume of $2,527,384.00 in the last 24 hours. Other popular options include DigiFinex and LBank.

What is the daily trading volume of Fantom (FTM)?

The trading volume of Fantom (FTM) is $131,693,330.19 in the last 24 hours, representing a 105.30% increase from one day ago and signalling a recent rise in market activity.

What is the all-time high for Fantom (FTM)?

The highest price paid for Fantom (FTM) is BTC0.00007792, which was recorded on Oct 28, 2021 (over 2 years). Comparatively, the current price is -82.70% lower than the all-time high price.

What is the all-time low for Fantom (FTM)?

The lowest price paid for Fantom (FTM) is BTC0.0₆3930, which was recorded on Mar 13, 2020 (over 4 years). Comparatively, the current price is 31,295.20% higher than the all-time low price.

What is the market cap of Fantom (FTM)?

Market capitalization of Fantom (FTM) is BTC26,431.4703 and is ranked #60 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of FTM tokens (2.8 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Fantom (FTM)?

The fully diluted valuation (FDV) of Fantom (FTM) is BTC29,932.5422. This is a statistical representation of the maximum market cap, assuming the maximum number of 3.2 Billion FTM tokens are in circulation today. Depending on how the emission schedule of FTM tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Fantom compare against its peers?

With a price increase of 3.50% in the last 7 days, Fantom (FTM) is underperforming the global cryptocurrency market which is up 5.10%, while outperforming when compared to similar Layer 1 (L1) cryptocurrencies which are up 1.10%.