Fantom Price Prediction 2024-2033: Will FTM Investors Waver in Crypto Winter?

Fantom Price Prediction 2023-2032 Fantom (FTM) was created to overcome Ethereum's limitations and create a new generation of blockchain solving the trilemma of scalability, security, and decentralization. However, with Fantom's outstanding 2,108% growth and additional 2,000% unique addresses, FTM continues to struggle, losing 93% of its value from its ATH in Jan 2022.

Timeline of Fantom

Fantom appears to be forming a double bottom pattern currently, a confirmation of which could lead to a break towards $1.60 according to an analyst. Fantom Might Be Forming A “W” Pattern In Its Weekly Chart As explained by analyst Ali in a new post on X, FTM's weekly price chart has appeared to have been forming a “W” pattern recently.

Investors are paying close attention to Fantom, a smart contract platform based on Directed Acyclic Graph (DAG), as its native cryptocurrency, FTM, shows significant activity. In the past week alone, the Fantom (FTM) price has surged by 32%, reaching a current trading value of $0.54.

Fantom (FTM) has recently displayed remarkable performance, surpassing several leading digital assets such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) among others. Over the past 24 hours, FTM has experienced a notable surge of 9%, propelling its price to the $0.4950 level.

A recent analysis by a Crypto Banter pinpointed new notable price levels for prominent altcoins such as XRP, Solana (SOL), Chainlink (LINK), Fantom (FTM), and Polygon (MATIC). These insights provide a fresh perspective on potential entry points for bullish positions in the current market.

Two Fantom Foundation wallets on Ethereum and the Fantom Network have fallen victim to a phishing attack, losing over $650,000, according to reports from CertiK, a blockchain security firm. Another report by “Spreakaway” on X alleges that one of Fantom's team members also lost $3.4 million.

Fantom continues to innovate despite facing challenges in its DeFi ecosystem. With planned technical upgrades and a focus on growing its developer community, the network aims for a robust and diversified blockchain ecosystem.

In a recent revelation, controversial crypto entrepreneur Andre Cronje clarified his association with the Fantom project, stating that he never really left the foundation. This comes after a period of speculation and uncertainty surrounding his role at Fantom, which had significant impacts on the token's price.

A widely followed crypto strategist says he has his eye on one low-cap altcoin that he believes is setting up for a move to the upside. Trader Michaël van de Poppe tells his 661,000 Twitter followers that the decentralized machine learning network Fetch.

Key Points: South Korean cryptocurrency exchange Bithumb has recently revealed its plan to list three prominent digital assets on its platform. The exchange announced the inclusion of the Korean won fiat currency market for Apecoin (APE), Render Token (RNDR), and Fantom (FTM).

The Fantom network, once viewed as a strong contender in the realm of smart contracts, is currently grappling with unforeseen challenges. Co-founder Andre Cronje provides an unvarnished account of the issues that have recently plagued the platform, as its total value locked (TVL) has experienced a significant decline.