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📌 – Fantom ($FTM ) Outlook
Title: Fantom (FTM) Price Outlook 👻
Fantom (FTM) is known for fast and low-cost transactions.
• Trend: Bullish
• Demand: Increasing in DeFi
• Market confidence: Improving
FTM can move quickly during altcoin rallies.
⚠️ Risk control is important.
👉 Watching FTM?
#Fantom #FTM #CryptoTrading #BinanceSquare
Title: Fantom (FTM) Price Outlook 👻
Fantom (FTM) is known for fast and low-cost transactions.
• Trend: Bullish
• Demand: Increasing in DeFi
• Market confidence: Improving
FTM can move quickly during altcoin rallies.
⚠️ Risk control is important.
👉 Watching FTM?
#Fantom #FTM #CryptoTrading #BinanceSquare
$AXS
: The OG of play-to-earn is evolving for the next billion! #AxieInfinity
$FTM : Blazing fast transactions with the Sonic upgrade—Fantom is back! #Fantom
: The OG of play-to-earn is evolving for the next billion! #AxieInfinity
$FTM : Blazing fast transactions with the Sonic upgrade—Fantom is back! #Fantom
$FTM
is topping the must-buy cryptos list with its new update, Fantom Sonic,
launching this year, offering faster and better transactions. More importantly, the FTM token will be replaced by “S,” launching with an extra supply that will be airdropped among its holders to reward their support. With history proving new gains with such updates and token launches, the FTM price is on hold for the rally.
For now, it is priced at $0.5666 with a market cap of $1.5 Billion. #fantom
is topping the must-buy cryptos list with its new update, Fantom Sonic,
launching this year, offering faster and better transactions. More importantly, the FTM token will be replaced by “S,” launching with an extra supply that will be airdropped among its holders to reward their support. With history proving new gains with such updates and token launches, the FTM price is on hold for the rally.
For now, it is priced at $0.5666 with a market cap of $1.5 Billion. #fantom
Fantom (FTM) — Struggling To Get Back Into Consolidation Channel 😔
Similar to many altcoins, Fantom trades in a STRONG long-term downtrend. Based on its peak in March, FTM is down more than 70%. The massive dump on Monday pushed Fantom to the level of 26 cents — only 9 cents above its bear market low.
Even worse, Fantom is currently struggling to pump above the level of 0.34, which marks the bottom of a consolidation channel. Entering this channel would be the first move to initiate some bullish momentum.
However, even if this happens, the real challenges lie still ahead:
1 - Breaking out of the long-term downtrend
2 - Breaking above the 0.425 level, which marks a major resistance.
📊 Trade Setups:
1—Trading the channel: Wait for a move above 0.34 and confirmation. Profit target 0.425 or long-term downtrend (depends on which is lower). Stop loss, tight below 0.34.
2—Trading the breakout: This won't happen in the next few days (most likely). However, if Fantom manages to break out of the long-term downtrend and moves above 0.425, a long entry seems to be a safe bet.
Nevertheless, given Fantom's weak performance, a long entry must be closely monitored, and a tight stop loss is essential!
$FTM #fantom
Similar to many altcoins, Fantom trades in a STRONG long-term downtrend. Based on its peak in March, FTM is down more than 70%. The massive dump on Monday pushed Fantom to the level of 26 cents — only 9 cents above its bear market low.
Even worse, Fantom is currently struggling to pump above the level of 0.34, which marks the bottom of a consolidation channel. Entering this channel would be the first move to initiate some bullish momentum.
However, even if this happens, the real challenges lie still ahead:
1 - Breaking out of the long-term downtrend
2 - Breaking above the 0.425 level, which marks a major resistance.
📊 Trade Setups:
1—Trading the channel: Wait for a move above 0.34 and confirmation. Profit target 0.425 or long-term downtrend (depends on which is lower). Stop loss, tight below 0.34.
2—Trading the breakout: This won't happen in the next few days (most likely). However, if Fantom manages to break out of the long-term downtrend and moves above 0.425, a long entry seems to be a safe bet.
Nevertheless, given Fantom's weak performance, a long entry must be closely monitored, and a tight stop loss is essential!
$FTM #fantom
$FTM is breaking out ahead of #fomc and is now facing resistance at $0.6981. If the fomc is bullish watch for a break above $0.6981 having $0.72 and $0.75 as the next targets.In case of a bearish news watch for a breakdown move to $0.6487 which is support.
#fantom
#BTCFOMCWatch
#BTC
#fantom
#BTCFOMCWatch
#BTC
Fantom (FTM) Could Replace Ethereum and Achieve 1000x Growth Potential
📈Fantom ( $FTM ) has emerged as one of the most promising projects in the blockchain space, capturing the attention of developers and investors alike. With its innovative technology, high performance, and growing ecosystem, Fantom is positioned to potentially replace Ethereum and achieve a staggering 1000x growth. Here’s a closer look at why FTM could become the leading smart contract platform and why its price could skyrocket in the future📈
⬆️Revolutionary Technology
Fantom's unique consensus mechanism, known as Lachesis, sets it apart from other blockchain platforms. Unlike Ethereum's current Proof of Work (PoW) and its anticipated Proof of Stake (PoS) in Ethereum 2.0, Lachesis employs a Directed Acyclic Graph (DAG) structure, which allows for asynchronous Byzantine Fault Tolerant (aBFT) consensus. This results in several key advantages:
High Throughput: Fantom can process thousands of transactions per second (TPS), significantly higher than Ethereum's current capacity. This scalability makes it ideal for large-scale applications and enterprise use cases.Low Latency: Transactions on the Fantom network are confirmed in just a couple of seconds, providing a seamless user experience akin to traditional financial systems.Minimal Fees: Fantom's transaction costs are a fraction of those on Ethereum, making it a cost-effective solution for developers and users.
🚀Scalability and Performance
Scalability is one of the major challenges facing Ethereum. As the network becomes more congested, gas fees increase, and transaction speeds slow down. Fantom addresses these issues with its high-performance infrastructure:
Infinite Scalability: Fantom's aBFT consensus mechanism allows the network to scale without compromising on security or decentralization. This means that as more users and applications join the network, it can handle the increased load efficiently.Decentralization: Fantom maintains a high level of decentralization, ensuring that no single entity can control the network. This is crucial for maintaining trust and security in a decentralized ecosystem.
🌱Growing Ecosystem
Fantom's ecosystem has been expanding rapidly, attracting a diverse range of decentralized applications (dApps), decentralized finance (DeFi) platforms, and non-fungible tokens (NFTs):
DeFi Adoption: Major DeFi projects like SpookySwap, SpiritSwap, and Scream have launched on Fantom, bringing substantial liquidity and user activity to the network. These platforms offer competitive yield farming, lending, and staking opportunities, drawing more users to Fantom.Cross-Chain Compatibility: Fantom's integration with Ethereum and other blockchains through bridges allows for seamless asset transfers and interoperability. This cross-chain functionality enhances Fantom's utility and accessibility.Enterprise Partnerships: Fantom has secured partnerships with governments and enterprises for various applications, from supply chain management to healthcare. These collaborations validate Fantom's technology and open up new avenues for growth.
♟️Strategic Advantages
Several strategic advantages position Fantom for long-term success:
Community and Developer Support: Fantom boasts a vibrant and active community, as well as strong developer support. This fosters continuous innovation and improvement of the network, ensuring it remains at the forefront of blockchain technology.Visionary Leadership: The Fantom Foundation, led by a team of experienced and visionary leaders, is committed to driving the project's growth and adoption. Their strategic direction and partnerships have positioned Fantom as a leading blockchain platform.Sustainability: Fantom's energy-efficient consensus mechanism makes it an environmentally friendly alternative to Ethereum, appealing to an increasingly eco-conscious market.
📈1000x Growth Potential
Fantom's unique combination of technological innovation, scalability, low fees, and growing ecosystem gives it the potential to see exponential growth. Here’s why FTM could achieve a 1000x increase in price:
Market Demand: As demand for scalable and efficient blockchain solutions grows, more developers and users are likely to migrate to Fantom, driving up the demand for FTM tokens.Network Effect: The more applications and users join the Fantom network, the more valuable it becomes. This network effect can lead to rapid and sustained growth in the token’s value.Global Adoption: With its strategic partnerships and real-world use cases, Fantom is well-positioned to achieve global adoption across various industries. This widespread use can significantly increase the demand and value of FTM.
💡Conclusion
📈Fantom (FTM) is a revolutionary blockchain project with the potential to replace Ethereum as the leading smart contract platform. Its advanced technology, high performance, scalability, and growing ecosystem position it for significant growth. As more developers and users recognize Fantom's advantages and adopt the platform, the value of FTM could skyrocket, potentially achieving 1000x growth. For investors and enthusiasts, Fantom represents a compelling opportunity to participate in the future of decentralized technology✅
#FTM #fantom #1000Xgems #Altcoinseason2024 #altcoins $SSV ,$BNT 📈🚀🌕
⬆️Follow, Like and Share for more posts and updates✅
⬆️Revolutionary Technology
Fantom's unique consensus mechanism, known as Lachesis, sets it apart from other blockchain platforms. Unlike Ethereum's current Proof of Work (PoW) and its anticipated Proof of Stake (PoS) in Ethereum 2.0, Lachesis employs a Directed Acyclic Graph (DAG) structure, which allows for asynchronous Byzantine Fault Tolerant (aBFT) consensus. This results in several key advantages:
High Throughput: Fantom can process thousands of transactions per second (TPS), significantly higher than Ethereum's current capacity. This scalability makes it ideal for large-scale applications and enterprise use cases.Low Latency: Transactions on the Fantom network are confirmed in just a couple of seconds, providing a seamless user experience akin to traditional financial systems.Minimal Fees: Fantom's transaction costs are a fraction of those on Ethereum, making it a cost-effective solution for developers and users.
🚀Scalability and Performance
Scalability is one of the major challenges facing Ethereum. As the network becomes more congested, gas fees increase, and transaction speeds slow down. Fantom addresses these issues with its high-performance infrastructure:
Infinite Scalability: Fantom's aBFT consensus mechanism allows the network to scale without compromising on security or decentralization. This means that as more users and applications join the network, it can handle the increased load efficiently.Decentralization: Fantom maintains a high level of decentralization, ensuring that no single entity can control the network. This is crucial for maintaining trust and security in a decentralized ecosystem.
🌱Growing Ecosystem
Fantom's ecosystem has been expanding rapidly, attracting a diverse range of decentralized applications (dApps), decentralized finance (DeFi) platforms, and non-fungible tokens (NFTs):
DeFi Adoption: Major DeFi projects like SpookySwap, SpiritSwap, and Scream have launched on Fantom, bringing substantial liquidity and user activity to the network. These platforms offer competitive yield farming, lending, and staking opportunities, drawing more users to Fantom.Cross-Chain Compatibility: Fantom's integration with Ethereum and other blockchains through bridges allows for seamless asset transfers and interoperability. This cross-chain functionality enhances Fantom's utility and accessibility.Enterprise Partnerships: Fantom has secured partnerships with governments and enterprises for various applications, from supply chain management to healthcare. These collaborations validate Fantom's technology and open up new avenues for growth.
♟️Strategic Advantages
Several strategic advantages position Fantom for long-term success:
Community and Developer Support: Fantom boasts a vibrant and active community, as well as strong developer support. This fosters continuous innovation and improvement of the network, ensuring it remains at the forefront of blockchain technology.Visionary Leadership: The Fantom Foundation, led by a team of experienced and visionary leaders, is committed to driving the project's growth and adoption. Their strategic direction and partnerships have positioned Fantom as a leading blockchain platform.Sustainability: Fantom's energy-efficient consensus mechanism makes it an environmentally friendly alternative to Ethereum, appealing to an increasingly eco-conscious market.
📈1000x Growth Potential
Fantom's unique combination of technological innovation, scalability, low fees, and growing ecosystem gives it the potential to see exponential growth. Here’s why FTM could achieve a 1000x increase in price:
Market Demand: As demand for scalable and efficient blockchain solutions grows, more developers and users are likely to migrate to Fantom, driving up the demand for FTM tokens.Network Effect: The more applications and users join the Fantom network, the more valuable it becomes. This network effect can lead to rapid and sustained growth in the token’s value.Global Adoption: With its strategic partnerships and real-world use cases, Fantom is well-positioned to achieve global adoption across various industries. This widespread use can significantly increase the demand and value of FTM.
💡Conclusion
📈Fantom (FTM) is a revolutionary blockchain project with the potential to replace Ethereum as the leading smart contract platform. Its advanced technology, high performance, scalability, and growing ecosystem position it for significant growth. As more developers and users recognize Fantom's advantages and adopt the platform, the value of FTM could skyrocket, potentially achieving 1000x growth. For investors and enthusiasts, Fantom represents a compelling opportunity to participate in the future of decentralized technology✅
#FTM #fantom #1000Xgems #Altcoinseason2024 #altcoins $SSV ,$BNT 📈🚀🌕
⬆️Follow, Like and Share for more posts and updates✅
Fantom (FTM): The Phantom Menace? Or the Next Crypto Superstar?
In the ever-shifting realm of cryptocurrencies, where projects rise and fall like tides, a particular coin named Fantom (FTM) has been steadily gaining momentum. Known for its lightning-fast speeds and scalability, FTM has been quietly amassing a loyal following. But is it poised for a parabolic rise, or is it just a fleeting flash in the pan?
Let's delve into the intricacies of FTM and explore the potential for a bull run that could send its price soaring.
The FTM Advantage:
Fantom's unique selling point lies in its innovative consensus mechanism, a hybrid of Proof-of-Stake and directed acyclic graphs (DAGs). This combination allows for incredibly fast transaction times and high throughput, making it a compelling option for developers building decentralized applications (dApps).
Moreover, FTM's ecosystem is rapidly expanding, with a growing number of projects and partnerships. This increased activity suggests a vibrant and thriving community, which can be a strong indicator of future price appreciation.
Bull Run on the Horizon?
While predicting the future of cryptocurrencies is always fraught with uncertainty, several factors point to a potential bull run for FTM:
Growing Adoption: As more developers and businesses recognize the benefits of FTM's speed and scalability, adoption is likely to increase, driving demand for the coin.
Institutional investors are increasingly showing interest in cryptocurrencies, and FTM's strong fundamentals could make it an attractive target.Favorable Market Conditions: A broader cryptocurrency market uptrend can provide a tailwind for FTM, pushing its price higher.The
So, is Fantom the next crypto superstar? Only time will tell. But with its impressive technology, growing ecosystem, and increasing adoption, FTM certainly has the ingredients for success. Take a look at our bio @EliteDailySignals for more crypto insights.
#fantom #FTM #ftm/usdt #Ftmusdt #TrendingTopic $FTM @Fantom Foundation @EliteDailySignals
🖤 Feel free to Give a Tip!
In the ever-shifting realm of cryptocurrencies, where projects rise and fall like tides, a particular coin named Fantom (FTM) has been steadily gaining momentum. Known for its lightning-fast speeds and scalability, FTM has been quietly amassing a loyal following. But is it poised for a parabolic rise, or is it just a fleeting flash in the pan?
Let's delve into the intricacies of FTM and explore the potential for a bull run that could send its price soaring.
The FTM Advantage:
Fantom's unique selling point lies in its innovative consensus mechanism, a hybrid of Proof-of-Stake and directed acyclic graphs (DAGs). This combination allows for incredibly fast transaction times and high throughput, making it a compelling option for developers building decentralized applications (dApps).
Moreover, FTM's ecosystem is rapidly expanding, with a growing number of projects and partnerships. This increased activity suggests a vibrant and thriving community, which can be a strong indicator of future price appreciation.
Bull Run on the Horizon?
While predicting the future of cryptocurrencies is always fraught with uncertainty, several factors point to a potential bull run for FTM:
Growing Adoption: As more developers and businesses recognize the benefits of FTM's speed and scalability, adoption is likely to increase, driving demand for the coin.
Institutional investors are increasingly showing interest in cryptocurrencies, and FTM's strong fundamentals could make it an attractive target.Favorable Market Conditions: A broader cryptocurrency market uptrend can provide a tailwind for FTM, pushing its price higher.The
So, is Fantom the next crypto superstar? Only time will tell. But with its impressive technology, growing ecosystem, and increasing adoption, FTM certainly has the ingredients for success. Take a look at our bio @EliteDailySignals for more crypto insights.
#fantom #FTM #ftm/usdt #Ftmusdt #TrendingTopic $FTM @Fantom Foundation @EliteDailySignals
🖤 Feel free to Give a Tip!
Fantom (FTM) — Struggling To Get Back Into Consolidation Channel 😔
Similar to many altcoins, Fantom trades in a STRONG long-term downtrend. Based on its peak in March, FTM is down more than 70%. The massive dump on Monday pushed Fantom to the level of 26 cents — only 9 cents above its bear market low.
Even worse, Fantom is currently struggling to pump above the level of 0.34, which marks the bottom of a consolidation channel. Entering this channel would be the first move to initiate some bullish momentum.
However, even if this happens, the real challenges lie still ahead:
1 - Breaking out of the long-term downtrend
2 - Breaking above the 0.425 level, which marks a major resistance.
📊 Trade Setups:
1—Trading the channel: Wait for a move above 0.34 and confirmation. Profit target 0.425 or long-term downtrend (depends on which is lower). Stop loss, tight below 0.34.
2—Trading the breakout: This won't happen in the next few days (most likely). However, if Fantom manages to break out of the long-term downtrend and moves above 0.425, a long entry seems to be a safe bet.
Nevertheless, given Fantom's weak performance, a long entry must be closely monitored, and a tight stop loss is essential!
$FTM #fantom
Similar to many altcoins, Fantom trades in a STRONG long-term downtrend. Based on its peak in March, FTM is down more than 70%. The massive dump on Monday pushed Fantom to the level of 26 cents — only 9 cents above its bear market low.
Even worse, Fantom is currently struggling to pump above the level of 0.34, which marks the bottom of a consolidation channel. Entering this channel would be the first move to initiate some bullish momentum.
However, even if this happens, the real challenges lie still ahead:
1 - Breaking out of the long-term downtrend
2 - Breaking above the 0.425 level, which marks a major resistance.
📊 Trade Setups:
1—Trading the channel: Wait for a move above 0.34 and confirmation. Profit target 0.425 or long-term downtrend (depends on which is lower). Stop loss, tight below 0.34.
2—Trading the breakout: This won't happen in the next few days (most likely). However, if Fantom manages to break out of the long-term downtrend and moves above 0.425, a long entry seems to be a safe bet.
Nevertheless, given Fantom's weak performance, a long entry must be closely monitored, and a tight stop loss is essential!
$FTM #fantom
SONIC Airdrop Is Confirmed
Created by Fantom, $10 million raised
Expense: None
Duration: 8 minutes
Possibility: Extremely High
Explore my comprehensive airdrop guide 👇🧵
1️⃣ Introducing @0xSonicLabs
Sonic is a layer-1 blockchain linked to Ethereum via a layer-2 bridge, boosting scalability, speed, and cost while ensuring security and liquidity.
2️⃣ Investments
They've secured $10 million in funding from Hashed Fund, SoftBank, Signum Capital, and several additional investors.
3️⃣ Add new chain
➔ Visit https://testnet.soniclabs.com/account.
➔ Connect your wallet.
➔ Click on "Add testnet to wallet".
➔ Change network to Sonic.
4️⃣Sonic faucet
➔ Visit https://testnet.soniclabs.com/account.
➔ Scroll down.
➔ Connect your wallet.
➔ Request the testnet tokens.
5️⃣ Swaps
➔ On the same page find "Swap ERC-20".
➔ Choose the tokens.
➔ Click on "Swap".
➔ Make 3-5 swaps per week.
6️⃣ DEX Swaps
➔ Visit https://sonic-testnet.equalizer.exchange.
➔ Connect your wallet.
➔ Choose tokens to swap.
➔ Make 3-5 swaps per week.
7️⃣ Galxe
➔ Visit https://app.galxe.com/quest/SonicLabs/GCnGNtvdf5.
➔ Connect your wallet.
➔ Complete the tasks.
➔ Farm points.
That's it for today folks,
Thanks for reading! For more insightful crypto content,
Follow Me @Crypto PM
Stay updated with the latest trends and analyses in the crypto world!
#fantom #SonicLabs #AirdropAlert #AirdropAlerts #cryptopm
Expense: None
Duration: 8 minutes
Possibility: Extremely High
Explore my comprehensive airdrop guide 👇🧵
1️⃣ Introducing @0xSonicLabs
Sonic is a layer-1 blockchain linked to Ethereum via a layer-2 bridge, boosting scalability, speed, and cost while ensuring security and liquidity.
2️⃣ Investments
They've secured $10 million in funding from Hashed Fund, SoftBank, Signum Capital, and several additional investors.
3️⃣ Add new chain
➔ Visit https://testnet.soniclabs.com/account.
➔ Connect your wallet.
➔ Click on "Add testnet to wallet".
➔ Change network to Sonic.
4️⃣Sonic faucet
➔ Visit https://testnet.soniclabs.com/account.
➔ Scroll down.
➔ Connect your wallet.
➔ Request the testnet tokens.
5️⃣ Swaps
➔ On the same page find "Swap ERC-20".
➔ Choose the tokens.
➔ Click on "Swap".
➔ Make 3-5 swaps per week.
6️⃣ DEX Swaps
➔ Visit https://sonic-testnet.equalizer.exchange.
➔ Connect your wallet.
➔ Choose tokens to swap.
➔ Make 3-5 swaps per week.
7️⃣ Galxe
➔ Visit https://app.galxe.com/quest/SonicLabs/GCnGNtvdf5.
➔ Connect your wallet.
➔ Complete the tasks.
➔ Farm points.
That's it for today folks,
Thanks for reading! For more insightful crypto content,
Follow Me @Crypto PM
Stay updated with the latest trends and analyses in the crypto world!
#fantom #SonicLabs #AirdropAlert #AirdropAlerts #cryptopm
Sonic Labs 'bridges' Wall Street: 150 million USD for ETF token S at Nasdaq
Sonic Labs – the unit behind the Sonic blockchain (rebranded from #fantom in August 2024) – has just received 99.98% consensus from the community to implement a bold move: issuing 150 million USD token S to establish an ETF fund in the US, invest in Nasdaq PIPE, and form Sonic USA in Delaware.
This move marks a significant turning point, helping Sonic officially access the traditional capital market and opening up opportunities to attract institutional capital flows. With custody backing from BitGo, Sonic commits to legal compliance, building trust for both institutional and individual investors.
In addition to the ETF, #SONIC has undergone a comprehensive overhaul: updating tokenomics, increasing gas fee burn mechanisms to reduce inflation, while also airdropping 200 million tokens (~80 million USD) with NFT vesting mechanisms to protect value.
Experts believe that the ETF and PIPE on Nasdaq will help token $S gain liquidity, credibility, and greater visibility, making Sonic a worthy competitor in the race of Layer-1 connecting TradFi with crypto.
👉 With a 'war chest' of 150 million USD and near-unanimous consensus, Sonic is showing that it is no longer a blockchain solely relying on the community, but is evolving into a true 'blockchain enterprise' – ready to enter the era of global finance. #anhbacong
Sonic Labs – the unit behind the Sonic blockchain (rebranded from #fantom in August 2024) – has just received 99.98% consensus from the community to implement a bold move: issuing 150 million USD token S to establish an ETF fund in the US, invest in Nasdaq PIPE, and form Sonic USA in Delaware.
This move marks a significant turning point, helping Sonic officially access the traditional capital market and opening up opportunities to attract institutional capital flows. With custody backing from BitGo, Sonic commits to legal compliance, building trust for both institutional and individual investors.
In addition to the ETF, #SONIC has undergone a comprehensive overhaul: updating tokenomics, increasing gas fee burn mechanisms to reduce inflation, while also airdropping 200 million tokens (~80 million USD) with NFT vesting mechanisms to protect value.
Experts believe that the ETF and PIPE on Nasdaq will help token $S gain liquidity, credibility, and greater visibility, making Sonic a worthy competitor in the race of Layer-1 connecting TradFi with crypto.
👉 With a 'war chest' of 150 million USD and near-unanimous consensus, Sonic is showing that it is no longer a blockchain solely relying on the community, but is evolving into a true 'blockchain enterprise' – ready to enter the era of global finance. #anhbacong
If you hold $FTM #Fantom you don’t have to look at the chart every 5 seconds.
Sit back, relax, and enjoy the ride. 📈
Long term Target : 15$ ✍️
#MarketMajorComeback #CryptoUsersHit18M #BTCReclaims101K
Sit back, relax, and enjoy the ride. 📈
Long term Target : 15$ ✍️
#MarketMajorComeback #CryptoUsersHit18M #BTCReclaims101K
Report: Losses in the BNB Chain network from hacks have decreased by 85%
Financial losses in the BNB Chain blockchain from security violations decreased from $1.11 billion in 2022 to $161 million in the previous year - by 85%. This is evidenced by the AvengerDAO report.
At the same time, over the past 12 months, 414 incidents occurred, which is 44% more than in 2022.
The three biggest incidents were the Fintoch exit scam, the rug pull of the IPP staking pool, and the hack of the Stake betting platform. In total, they led to a loss of $64 million.
For comparison, in 2023, losses in the Ethereum network from fraud and cyber attacks amounted to $1.04 billion. Next comes the Tron blockchain ($405 million), Fantom ($171 million) and Arbitrum ($73 million).
#BNB🔥 #ETH2024 #TRX #fantom #Arbitrum
$BTC $ETH $TRX
Financial losses in the BNB Chain blockchain from security violations decreased from $1.11 billion in 2022 to $161 million in the previous year - by 85%. This is evidenced by the AvengerDAO report.
At the same time, over the past 12 months, 414 incidents occurred, which is 44% more than in 2022.
The three biggest incidents were the Fintoch exit scam, the rug pull of the IPP staking pool, and the hack of the Stake betting platform. In total, they led to a loss of $64 million.
For comparison, in 2023, losses in the Ethereum network from fraud and cyber attacks amounted to $1.04 billion. Next comes the Tron blockchain ($405 million), Fantom ($171 million) and Arbitrum ($73 million).
#BNB🔥 #ETH2024 #TRX #fantom #Arbitrum
$BTC $ETH $TRX
📉$FTM FTM/USDT Faces a Dip, Down 3.51% – What's Next for Fantom? 🔍
Current Price: $0.9427 (-3.51%)
24H High: $1.0543
24H Low: $0.9024
Fantom (FTM) is experiencing a pullback after testing $1.0543, with the price now stabilizing near $0.9427. The market is showing mixed signals, and traders are closely watching key levels for the next move.
---
Market Analysis
🔹 Support Zone: Immediate support lies at $0.9024. A break below this level could see FTM testing $0.85.
🔹 Resistance Zone: To regain bullish momentum, FTM needs to climb back above $0.9505, with further resistance near $1.00.
🔹 Trading Volume: 160M FTM traded in the last 24 hours highlights significant activity, but selling pressure dominates for now.
---
What to Watch
1️⃣ For Bulls:
Look for a bounce near $0.9024 to confirm support and potential recovery.
Watch for a breakout above $0.9505 for a rally toward $1.00 and beyond.
2️⃣ For Bears:
A break below $0.9024 could accelerate downside momentum toward $0.85.
Monitor volume for confirmation of selling pressure at key resistance levels.
3️⃣ Risk Management:
Set tight stop-losses to protect positions, especially in this volatile environment.
---
Key Takeaway
FTM’s retracement highlights a critical moment for traders. Whether it’s a consolidation or deeper correction, the upcoming moves near support and resistance levels will provide clarity. Stay alert and trade cautiously.
💡 #FTM #Fantom #CryptoTrading #MarketUpdate #BinanceAlphaAlert
Current Price: $0.9427 (-3.51%)
24H High: $1.0543
24H Low: $0.9024
Fantom (FTM) is experiencing a pullback after testing $1.0543, with the price now stabilizing near $0.9427. The market is showing mixed signals, and traders are closely watching key levels for the next move.
---
Market Analysis
🔹 Support Zone: Immediate support lies at $0.9024. A break below this level could see FTM testing $0.85.
🔹 Resistance Zone: To regain bullish momentum, FTM needs to climb back above $0.9505, with further resistance near $1.00.
🔹 Trading Volume: 160M FTM traded in the last 24 hours highlights significant activity, but selling pressure dominates for now.
---
What to Watch
1️⃣ For Bulls:
Look for a bounce near $0.9024 to confirm support and potential recovery.
Watch for a breakout above $0.9505 for a rally toward $1.00 and beyond.
2️⃣ For Bears:
A break below $0.9024 could accelerate downside momentum toward $0.85.
Monitor volume for confirmation of selling pressure at key resistance levels.
3️⃣ Risk Management:
Set tight stop-losses to protect positions, especially in this volatile environment.
---
Key Takeaway
FTM’s retracement highlights a critical moment for traders. Whether it’s a consolidation or deeper correction, the upcoming moves near support and resistance levels will provide clarity. Stay alert and trade cautiously.
💡 #FTM #Fantom #CryptoTrading #MarketUpdate #BinanceAlphaAlert
#FTM is breaking out after bouncing on support at $0.3931 and is ready for a break of the next resistance at $0.4193. A break above $0.4193 watch for a massive rally to $0.45 as the next target.If #fantom is able to reclaim $0.4587 then $0.5 will be my next target.In case of a breakdown move watch for support at $0.3931 and $0.3560.
#ftm/usdt #FTT/USDT #BTC
#ftm/usdt #FTT/USDT #BTC
DeFi protocol Bancor announced its expansion to the Fantom network, introducing Arb Fast Lane Protocol and smart contracts for Carbon DeFi, enhancing the network's flexibility and efficiency.
#DeFi: #Bancor #TrendingTopic #fantom
#DeFi: #Bancor #TrendingTopic #fantom
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