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ETH$2 400.38

-2.16%

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0.03%

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Fantom (FTM) Price, Market Cap and Information


Fantom (FTM) Buy Fantom Now
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...
CVIX 79
Current price $2.15
Change 24h -8.12%
Change 7d -25.25%
Market Cap $5 461 390 630
Available supply 2 545 006 273 FTM
Volume 24h $2 257 157 699
Updated Thursday, January 27, 2022 7:00:06AM UTC
Nature Token
Mineable No
Discussion
WWW Website

Fantom price change 24 hours

Fantom Short Term Forecast

After Price Change
1 day $1.51 -29.63%

Fantom Price Predictions

Fantom General Information

General FTM facts, technical details and Fantom Cryptocurrency information

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 David Richardson, former managing CEO at Mid-Ocean Consulting.

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.

What Makes Fantom Unique?


Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts. The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional proof-of-stake (PoS) algorithm-based platforms.

Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”

Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents. Through token sales in 2018, Fantom raised almost $40 million to fund development.

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.

Fantom Historical Data – 10 days

Date Open, $ Min, $ Max, $ Market cap, $
Jan 18 2.93 2.73 2.99 7 602 598 036
Jan 19 2.95 2.79 2.99 7 235 597 736
Jan 20 2.78 2.78 3.00 7 078 549 367
Jan 21 2.72 2.22 2.75 5 783 834 564
Jan 22 2.28 1.88 2.36 4 956 659 979
Jan 23 1.96 1.96 2.30 5 468 410 071
Jan 24 2.28 1.94 2.29 5 596 445 988
Jan 25 2.26 2.17 2.45 5 978 543 907
Jan 26 2.38 2.20 2.43 5 722 720 630
Jan 27 2.25 2.12 2.27 5 461 390 630

FTM/USD Price Charts

FTM to USD price chart – 7 days
FTM to USD price chart – 30 days
FTM to USD price chart – 60 days
FTM to USD price chart – 6 months

* Crypto Rating accepts no liability for any errors in the Fantom information, FTM Prices and FTM's Market Cap. For the most up-to-date prices please visit the Fantom's official website.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 73.2% 46 $36 135.88 -3.18% -14.06% $684 451 522 701 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 69.6% 57 $2 400.38 -2.16% -23.69% $286 435 196 908 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 90.8% 1 $1.000631 0.03% 0.04% $78 241 481 557 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 70% 65 $366.39 -3.50% -23.34% $60 497 344 871 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000275 0.10% 0.04% $49 098 532 248 USDC 7 days price change
6 Cardano (ADA) ADA Cardano predictions 70.4% 63 $1.038463 -0.18% -23.84% $34 843 649 759 ADA 7 days price change
7 XRP (XRP) XRP XRP predictions 75.2% 49 $0.602237 -2.97% -19.51% $28 748 941 627 XRP 7 days price change
8 Solana (SOL) SOL Solana predictions 67.2% 63 $88.80 -5.61% -35.45% $27 969 324 271 SOL 7 days price change
9 Terra (LUNA) LUNA Terra predictions 66.8% 68 $57.44 -7.97% -30.24% $23 070 373 039 LUNA 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 70% 64 $0.140947 -1.81% -14.46% $18 699 577 603 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 65.2% 69 $17.55 -5.51% -28.73% $17 334 714 531 DOT 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 67.6% 68 $62.58 -7.06% -25.89% $15 321 901 552 AVAX 7 days price change
13 Binance USD (BUSD) BUSD Binance USD predictions 94.8% 1 $0.999044 -0.16% -0.18% $14 527 440 835 BUSD 7 days price change
14 Polygon (MATIC) MATIC Polygon predictions 66.4% 72 $1.54 -2.15% -25.83% $11 478 980 661 MATIC 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 66.4% 70 $0.000021 -3.55% -25.96% $11 283 082 704 SHIB 7 days price change

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