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Fantom Token (FTM): Should you Buy?

Fantom (FTM) is one of the top 50 most popular cryptocurrencies currently. In terms of market cap, it is currently the 43rd largest digital currency (over US$3.66 billion in market capitalizations). Should you invest in it? Is it a good investment? To answer all your queries, let me walk you through Fantom, how it works, and many more. 

What Is Fantom (FTM)? How does it Work?

Fantom is a DAG (Directed Acyclic Graph) smart platform. It uses the bespoke consensus algorithm for providing decentralized finance (DeFi) services to developers. The in-house token of this platform is called FTM. 


The main aim of this platform (in association with its in-house token FTM) is solving the problems associated with most smart contract platforms such as speed of transaction. Fantom developers claim that they have successfully brought down the transaction speed to less than 2 seconds. 


South Korean computer scientist Dr. Ahn Byung Ik is the founder of the Fantom Foundation. Originally, this foundation was created back in 2018 and currently oversees the offering of the Fantom product. The mainnet of this project was launched in December 2019. Michael Kong is the current CEO of Fantom. 


The most unique thing about the Fantom network is that it uses a new scratch-built consensus mechanism for facilitating decentralized finance (DeFi) and other related services (for DApp developers) on the basis of smart contracts. The mechanism is known as Lachesis, which promises:


  • Significantly higher capacity
  • Transaction finalization
  • Security improvement over Proof of Stake (PoS) algorithm based platform


FTM, the in-house PoS token of Fantom, provides the backbone of all the transactions including:

  • Fee collection
  • Staking activities
  • User rewards


The official literature of the project says that it wants to “grant compatibility between all transaction bodies around the world.” Fantom is progressively becoming a preferred platform by the DeFi and decentralized applications Dapps developers looking to deploy decentralized solutions (just like Ethereum). At the time of its launch in 2018, Fantom raised around US$40 million through token sales for fund development.


Fantom Coin FTM: Facts & Figures

All these facts and figures (as of Dec 13, 2021) will help you to make a decision on investing in Fantom FTM tokens. Before making Fantom crypto transactions, check out these facts and figures associated with this cryptocurrency of choice:


  • Fantom FTM Coin Price: US$1.43 (Current Fantom Coin Price)
  • 24hour Trading Volume (24h Volume): US$239,716,255
  • All-Time High (ATH) Price: US$3.48 (reached on Oct 28, 2021)
  • All Time Low (ATL) Price: US$0.001935 (reached on Mar 13, 2020, 2020)
  • 24h Low: US$1.43
  • 7d Low: US$1.35
  • 30d Low: US$1.18
  • 90d Low: US$0.9507
  • 52 Week Low Price of Fantom: US$0.01495
  • YTD (Year-To-Date) Return: 8,247.05% YTD (Year-To-Date) price change
  • Market Cap: US$3,661,660,374 (US$3.66 billion)
  • Crypto Rank (in terms of market cap): 43rd in the crypto market
  • Fully Diluted Market Cap: US$4,568,071,918
  • Max Supply: 3,175,000,000
  • Total Supply: 2,545,006,273
  • Circulating Supply: 2.55 billion FTM (80%)
  • Total Value Locked TVL: US$125,776,894


These are the facts that made Fantom a preferred medium of exchange. Always check out market data and technical analysis before you buy Fantom FTM tokens. Also, consult crypto financial advisors and get tips from them on trending coins and how to earn crypto easily. 


Fantom FTM Price Prediction & Forecast

  • WalletInvestor’s FTM Price Prediction 
  • US$3.797 by 2022
  • US$13.131 by 2026


  • DigitalCoinPrice’s FTM Price Prediction
  • US$2.61 by 2022
  • US$3.31 by 2023
  • US$3.61 by 2024
  • US$4.17 by 2025
  • US$5.13 by 2026
  • US$5.04 by 2027
  • US$5.83 by 2028


  • TradingBeasts’ FTM Price Prediction
  • US$1.68507 by 2022
  • US$2.08444 by 2023
  • US$2.47190 by 2024


  • Gov.Capital’s FTM Price Prediction
  • US$2.633 by 2022
  • US$4.114 by 2023
  • US$6.101 by 2024
  • US$8.395 by 2025
  • US$11.009 by 2026


Where can you Buy Fantom?

You can buy Fantom in almost all top cryptocurrency exchanges including:


  • Binance
  • KuCoin
  • Gate.io
  • FTX, and many more.


You can use credit cards, debit cards, or money transfers from a bank account to fund your cryptocurrency trading or investing account in a leading cryptocurrency exchange. 


The most popular Fantom price pairs are:

  • FTM/USDT
  • FTM/BUSD
  • FTM/BTC
  • FTM/USD, and many more.


Before investing, check out historical data of token Fantom, fundamental analysis, crypto news, Fantom price charts, price performance, market updates, Fantom to United States Dollar (FTM to USD) exchange rate, Fantom price history, FTM speed, Fantom price prediction and price forecast, and others. Try to keep FTM in your crypto portfolio for a more balanced and robust return on investment.


What are the Best Crypto Wallets to Store Fantom Coins?

The best Fantom cryptocurrency wallets to store FTM are:


  1. Ledger Nano X
  2. MetaMask
  3. Coinbase Wallet
  4. Coin98 Wallet
  5. TokenPocket
  6. Fantom fWallet


Invest in Fantom and Other Cryptocurrencies

You can buy and sell Fantom and other virtual currencies (including Cardano price) against various fiat currencies (US Dollar USD, British Pound Sterling, Canadian Dollar CAD, South Korean WON, Singapore Dollar, Taiwan Dollar, Russian Ruble, Chinese Yuan, Hong Kong Dollar, etc.) through a wide array of crypto exchanges (centralized or decentralized exchanges), crypto APIs or mobile app, and Fantom markets. Use Dollar Cost Averaging DCA strategy to invest in cryptos to minimize the risks associated with high volatility. 


If you want to increase your investment explosively in the coming 5-to-10 years, buy crypto coins now. Keep an eye on the market news, price statistics, block times, blockchain news, and others to time your trading of Defi protocols and tokens for maximum profit. 


You can also diversify your crypto coin portfolio by including other digital assets such as FTM, XMR, FIL, ETC, WBTC, BCH, Bitcoin BTC, AAVE, Ripple XRP, Bitcoin Ether ETH, Bitcoin Gold (also called Bit Gold), Bitcoin Cash BCH, Fantom, Binance Smart Chain based tokens, Ethereum Classic, Shiba Inu SHIB, Binance Coin, Wrapped Bitcoin (some also call it wrap bitcoin or wBTC), USD Coin, Gemini Dollar, Internet Computer, ERC20 tokens (created on Ethereum blockchain), nonfungible tokens NFTs, Axie Infinity, and others. 


Invest in cryptocurrencies, various types of stocks, mutual funds, index funds, real estate, and others to improve your personal finance. If possible, get help from a portfolio manager or wealth management firm for maximum return. 

Invest in NapBots: A Dynamic Cryptocurrency Index

Whether you are a professional or retail investor, you can expose your capital to a diversified portfolio of digital assets & crypto asset classes by simply investing in NapBots. It is a smart crypto index service that introduces multifarious features and passive portfolio management strategies for enabling cryptocurrency investors to streamline their trading experience in new ways. 


NapBots provides you with various indices that include a basket of tokens with high market capitalization and are categorized by theme (such as Solana, NFT, DeFi, and others). This platform introduces an intuitive interface as well as advanced allocation tools for enabling new investors to create and manage advanced crypto indices easily.


The best part of NapBots is that it tracks and executes trades automatically on the basis of your pre-set choices of indexes. The platform is very affordable as it enables you to start trading as low as US$150 with a mFTMhly service fee of just 2.5%, which is far below the current rate of other cryptocurrency index providers. Therefore, NapBots reduces the financial barriers and at the same time eliminates the need for human intervention and the consequent human error. 


Get started with crypto-asset investing by investing through napbots.com, a dynamic crypto index for expanding diversified exposure to bitcoin and leading Crypto-assets at reduced financial barriers and no human error.