Story Highlights
The live value of Fantom is $ 0.31988074.FTM price could reach a high of $0.402 by the end of 2023.With a potential surge, the Fantom price may reach a maximum of $1.922 by 2030.
The crypto-verse has been generous enough to aspiring and innovative projects. That brings drastic changes to the ecosystem by offering unique services. One such protocol that holds the potential to revolutionize the DeFi world with its smart contracts is Fantom.
The vision behind the launch of the FTM token was to integrate compatibility between all transaction platforms around the world. The platform is known for employing the “Direct Acyclic Graph” (DAG) smart contract platform, which empowers the scalability of the network.
The distinctive strengths of the network and the recent 335 M FTM incentive program, have caught the interests of marketers. Who is keen on, if FTM price could propel to the $1 mark this 2023? Are you one of the many investors keen on FTM? Look no further, as we exhibit the possible price prediction of FTM for 2023 and the years to come.
Overview
CryptocurrencyFantomTokenFTMPrice $ 0.31988074
10.84% Market cap $ 896,828,796.4727Circulating Supply 2,803,634,835.5266Trading Volume $ 72,397,592.8320All-time high $3.48 on 28th October 2021All-time low $0.001953 on 13th March 202024 High $ 0.321324 Low $ 0.2889
*The statistics are from press time
FTM Price Prediction December 2023
The crypto industry had experienced a volatile month as the market experienced massive turbulence in charts. November has started positively as the price is constantly gaining value. Fantom has gained massive momentum, resulting in the price experiencing a jump of over 60% within the first half of the month. Since then, the price has been trading in a consolidated range between $0.2792 and $0.3325.
The MACD displays a constant green histogram, indicating massive ongoing buying and selling pressure in the market. Further, the averages recently showed a bullish convergence, suggesting the price to continue gaining value in the coming days.
TradingView: FTM/USDT
If the bulls manage to push the price above the $0.3325 then the price will experience a bullish momentum. If the price holds itself above that level then it the continue to gain and test its resistance level of $0.3570 soon. Further, if the bullish moment continues then the price will test its upper resistance level of $0.3803 by the month-end.
On the contrary, if the bears overpower the bulls, the coin will start trading under a bearish influence and fall to test its support level at $0.3077. Moreover, if the FTM price fails to hold its price above $0.2792 then the coin will continue to fall and test its support level of $0.2530 in the coming weeks.
Fantom Crypto Price Prediction 2023
Following the surge from January, the coin has been constantly trading in a descending trend. The bulls have failed multiple attempts to break the trend but have failed to do so resulting in the price losing its value. The FTM coin experienced a death cross in the month of May, following which the coin has been constantly declining.
The coin had leveled all its gains during the month of September, and by October, the price was trading in negative. Following the market pump, the price regained momentum and added over 100% in value, resulting in the price breaking out of multiple resistance levels.
Positively, the chart shows a high possibility of a Golden Cross, suggesting a possibility of a massive price action in the coming time.
TradingView: FTM/USDT
The Moving Average Convergence Divergence (MACD) has displayed a constant flatline since July, indicating a weak buying and selling power in the market for the coin. Further, the chart recently shows a constant red histogram, highlighting mixed sentiments in the market.
If circumstances favor the vision of Fantom, initiatives such as incentive programs, perks of the network, and the stance of the community. This could accelerate the adoption of the protocol, which could bring in newer investors. Therefore, the price might surge to its maximum annual closing target of $0.402.
On the contrary, if things go unplanned and if the digital asset falls prey to negative criticism and FUD. The price of the altcoin would settle at its potential low of $0.165. That said, considering all the viewpoints, the digital coin’s promising average price could be $0.283.
Fantom Price Prediction 2023 – 2030
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20230.1650.2830.40220240.3210.4240.52720250.4850.5970.71020260.6360.7880.94020270.8000.9531.10620280.9731.1281.28420291.1011.3161.53120301.3631.6421.922
Fantom Price Forecast 2024
With an increase in volumes, deployment of newer dapps, and the 335 M FTM incentive program bearing fruits. The price of the digital asset could reach a new potential high, as marketers would hold a bullish outlook. The social sentiments could drive in higher volumes. The increase in holders will be an optimistic sign for the long-term propulsion of FTM’s price.
Successively, seeking impetus from holders the price would remain immune against massive downswings. Conversely, the rise in bullish volumes will help the FTM price rise to a maximum of $0.527. On the flip side, it could take a dip to the low of $0.321. That being said, the average price might land at $0.424.
Fantom Price Prediction 2025
When predicting the price for the long term, it is important to analyze the asset’s historical footprints. And how it behaves when bears overtake the market. From a historical point of view, Fantom remains relatively volatile during market fluctuations. Hence, by the end of 2025, at minimum, the price could flip to $0.485.
As the coin continues to evolve, this super-fast smart contract platform has the potential to reach $0.710. The impetus for this could come from greater adoption of the protocol. And successful collaborations and alliances. That said, factoring in its average trajectory over its cycles, the price of Fantom could settle at intermediate levels of $0.597.
Fantom Price Prediction 2026
According to our analysts, FTM coin price prediction for the year 2026 could range between $0.636 to $0.940, and the average price of Fantom could be around $0.788.
Fantom Price Prediction 2027
According to our analysts, Fantom price for the year 2027 could range between $0.800 to $1.106, and the average price of FTM could be around $0.953.
Fantom Price Prediction 2028
According to our analysts, FTM crypto prediction for the year 2028 could range between $0.973 to $1.284, and the average Fantom coin price could be around $1.128.
Fantom Price Prediction 2029
According to our analysts, Fantom’s forecast for the year 2029 could range between $1.101 to $1.531, and the average FTM coin price could be around $1.316.
Fantom Price Prediction 2030
According to our analysts, FTM predictions for the year 2030 could range between $1.363 to $1.922, and the average Fantom price could be around $1.642.
What Does The Market Say?
Firm Name202320242025Wallet Investor$0.227$0.0109$0.00502priceprediction.net$0.27$0.41$0.63DigitalCoinPrice$0.41$0.49$0.70
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Fantom Price Prediction
Fantom is one of the young and promising altcoins. We have brought you some interesting predictions for this coin. According to CoinPedia’s formulated Fantom price prediction, it may smash $0.402 by the end of 2023.
On the downside, market fluctuations and uncertain global conditions, even failure of upgrades can be a possible setback for the altcoin. And thereby the DeFi token’s price may struggle to consolidate around $0.165 by the end of 2023.
Fundamental Analysis
The Fantom protocol was launched by Dr Ahn Byung Ik, a computer scientist from South Korea. The foundation’s initial product offering done in 2018, went live mainstream in December 2019. The present CEO of the network is Micheal Kong. The innovative developers behind the network possess advanced knowledge in the field of full-stack blockchain development.
The team is intended to build a smart contract platform that integrates scalability and security. One of the consensus layers of the platform Lachesis enables Fantom’s Opera mainnet deployment. The modularity of the network is highly flexible as the developer team can deploy their existing Ethereum-based decentralized Fantom.
What Is Fantom Token?
Fantom is an open-source, permissionless, and decentralized smart contract platform. Built to counter the drawbacks of the previous generation blockchain networks. The DeFi token makes use of a revolutionary aBFT consent mechanism called Lachesis. This enables the token platform to be much faster and cost-efficient than previous technologies.
Fantom has its own native token FTM, which intends to solve technical glitches related to smart-contract platforms, notably transaction speed. As per the reports, developers claim that they have lowered the speed below two seconds. The altcoin also makes use of a leaderless Proof-of-Stake mechanism to provide a high level of security. Moreover, the protocol is compatible with ERC 20 as well as BEP 2.
Fantom Historic Market Sentiments 2019 – 2022
Fantom made its debut in December 2019 with an ICO of $1.94. In the same month, the price fell to around $0.0386. As the platform was not so active during the initial months. The coin lingered at $0.01289 for at least 4 months till year-end.The FTM price didn’t have any significant gains in the year 2020 as there were no events or fundamental upgrades. Till the end of December 2020, the price hovered around the price level of $0.0184. Fantom initiated its rally with a price of $0.01648. The series of events and listing on Gemini helped the price surge over $0.8185 by May 8th.However, due to the Chinese market crisis, the price plunged back drastically to $0.2524. The PoS token regained momentum by surging 941% to the $1.7 milestone on September 9th.The Chinese market turmoil disturbed the price rally again, dumping the asset’s price to $0.9896 in the same month. Forming a rising wedge pattern the price surged by more than 300% on October 8th taking the price to $2.38. After taking a dip of over 50% amidst prolonged bearish trends, FTM posed a 2X run to $2.38. FTM price had initiated its run to 2022 with a price tag of $2.2552. The altcoin climbed up to its quarterly high of $3.374 by the 17th of January. But the rise was short-lived as the FTM price plunged to $1.8100 by the 22nd of January.Ranging south, FTM’s price witnessed the bottom at $1.314 on the 24th of February. After a short-term rebound, the first quarter was closed at $1.5430. Fantom had initiated the second quarter with a price tag of $1.613. The second quarter was fatal for the altcoin, as the broader industry came across turbulence, amidst the insolvency crisis of major firms. Bearing losses of over 80%, the quarter was terminated at $0.2452.
CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!
FAQs
Is Fantom a good coin to invest in?
Yes, FTM is a profit-making investment, considering the strengths of the network, and the initiatives undertaken by the makers. The digital coin could portray higher yields in the long term.
Will FTM’s price smash the $1 mark by the end of 2023?
Considering the current projections and stance of the network. FTM price could claim a feasible potential high of $0.402 by the end of 2023.
Is Fantom a safe network?
Yes, it is a safe network, as it employs a bespoke model of the Proof-of-Stake algorithm.
What could be the maximum trading price of FTM by the end of 2025?
According to our Fantom price prediction 2025, the altcoin could claim a maximum of $0.710. With a potential surge, the FTM price could reach a maximum of $1.922 by the end of 2030.
Where Can I trade FTM?
FTM is available for trade across prominent cryptocurrency exchange platforms such as Huobi, Okex, Binance, etc.
What is the current price of Fantom?
At the time of publishing, the price of one FTM was $0.3165.
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