The main purpose of this article is to provide a forecast for Fantom Price Prediction For 2021, 2022, 2023, 2024, 2025, 2030, Our tool analyzes all the aspects that should be taken into consideration when making such predictions. We hope our forecasts will help you make better decisions about your investments and trades.
Table Of Contents
- What Is Fantom (FTM)?
- Features of Fantom Protocol
- Fantom DeFi
- Fantom (FTM) Current Price
- Fantom Price Prediction For 2021, 2022, 2023, 2024, 2025, 2030
What Is Fantom (FTM)?
Fantom is a distributed ledger technology stack that plans to make the leap into building DAG based platforms. It’s their goal for this ultra-high speed and high performace platform, which they believe has potential in powering smart cities with its ability execute 300k transactions per second and communicate across multiple service providers while storing vast amounts of data securely.
The Fantom platform will act as an interface for smart city data-driven smart contracts and DApps adoption, bringing them into common use across many sectors. The team envisions that it could be used by public utilities companies to provide greater efficiency in their operations in healthcare, education, traffic management, resource management, and environmental sustainability projects. technology.
Features of Fantom Protocol
Fantom (FTM) Consensus
The Fantom cryptocurrency uses a multi-layer delegated proof of stake (DPoS) mechanism based on DAG. This means that even if you program your application in any language, it will have consensus from the network through this coin’s blockchain technology.
The Fantom consensus algorithm provides a number of advantages over other protocols including scalability and speed. It also boosts security, decentralization in the crypto space as well.
Validator nodes are the only ones in charge of maintaining this network. Access to the protocol is open and anyone can join this group.
All a user need is to have 1 million FTM locked in the FTM wallet. As an Validator Node, you don’t have know what other nodes are doing on Fantom. All your job as a node will be verifying every new transaction from Lamport (a timestamped point).
This node is responsible for validating transactions on Fantom through the Validator nodes’ data. After verifying that a transaction has been verified, it goes into blockchain where it can’t be altered.
Fantom’s goal is to provide a suite of services that can be used by everyone. Their EVM-compatible blockchain gives users the ability to mint, trade and lend digital assets directly from their wallets with near zero fees or instant transactions.
Fantom is currently supporting the following DeFi applications:
fTrade – This enables the trading of Fantom-based assets without needing to exit your wallet, making it a fully decentralized and non-custodial AMM exchange.
fMint – You can mint dozens of synthetic assets on Fantom. These synthetic assets include cryptocurrencies commodities and national currencies.
fLend – FTM is a platform for asset managers to lend and borrow digital assets to trade and earn interest without losing their investments.
Liquid staking – Users can stake FTM tokens that can be used as collateral for DeFi applications, all of which are fully liquid within the Fantom protocol.
Fantom (FTM) Current Price
Fantom Price Prediction For 2021, 2022, 2023, 2024, 2025, 2030
|Year||Minimum Price||Average Price||Maximum Price|
Fantom Price Prediction 2021
Fantom price is forecasted to reach $2.82 by the beginning of 2021. The expected maximum price is expected to reach $3.27 and if the Fantom marks the downtrend, then it may trade around $2.59.
Fantom Price Prediction 2022
According to our deep technical analysis on past price data of fantom In 2022, the price of fantom is forecasted to be at around a minimum value of $2.934. Fantom price value can reach a maximum of $4.78 with the average trading value of $3.5 in USD.
Fantom Price Prediction 2023
According to our forecast and technical analysis, In 2023 the price of fantom is expected to reach at a minimum price value of $5.7445. Fantom price can reach a maximum value of $7.35 with an average value of $6.2.
Fantom Price Prediction 2024
The long term prediction and technical analysis also suggests that by 2024 has predicted fantom price to be at $7.912 by 2024 and as high as $9.52 by 2024.
Fantom Price Prediction 2025
Fantom price is expected to keep the bullish trend and surge towards its all-time high. By mid 2025 fantom price can surpass $12.8 and over $21.8 by December 2025.
Fantom Price Prediction 2030
According to the Fantom forecast price and technical analysis, in 2030 the FTM price is expected to cross an average price level of $56.18, the expected minimum price value of Fantom by the end of the year should be $63.33.