Fantom Price Tops $0.27 (FTM)

Fantom (CURRENCY:FTM) traded 4.8% lower against the dollar during the 24 hour period ending at 11:00 AM ET on June 11th. Fantom has a market cap of $694.13 million and approximately $48.57 million worth of Fantom was traded on exchanges in the last day. In the last seven days, Fantom has traded down 18.7% against the dollar. One Fantom coin can now be purchased for $0.27 or 0.00000737 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed in the last day:

  • Chainlink (LINK) traded 5.2% lower against the dollar and now trades at $22.57 or 0.00061019 BTC.
  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00002703 BTC.
  • Polygon (MATIC) traded 4.5% lower against the dollar and now trades at $1.34 or 0.00003618 BTC.
  • THETA (THETA) traded down 6.1% against the dollar and now trades at $8.22 or 0.00022212 BTC.
  • DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded down 0.2% against the dollar and now trades at $1.00 or 0.00002702 BTC.
  • Aave (AAVE) traded 4.4% lower against the dollar and now trades at $305.35 or 0.00825345 BTC.
  • FTX Token (FTT) traded 0.8% lower against the dollar and now trades at $32.22 or 0.00087090 BTC.
  • PancakeSwap (CAKE) traded down 4.3% against the dollar and now trades at $16.74 or 0.00045235 BTC.

Fantom Profile

FTM is a coin. It launched on June 15th, 2018. Fantom’s total supply is 2,545,006,273 coins. The Reddit community for Fantom is /r/FantomFoundation and the currency’s Github account can be viewed here. The official website for Fantom is fantom.foundation. Fantom’s official Twitter account is @FantomFDN and its Facebook page is accessible here.

According to CryptoCompare, “FANTOM is a new DAG based Smart Contract platform that intends to solve the scalability issues of existing public distributed ledger technologies. The platform intends to distinguish itself from the traditional block ledger-based storage infrastructure by attempting to employ an improved version of existing DAG-based protocols. The FANTOM platform adopts a new protocol known as the “Lachesis Protocol” to maintain consensus. This protocol is intended to be integrated into the Fantom OPERA Chain. The aim is to allow applications built on top of the FANTOM OPERA Chain to enjoy instant transactions and near-zero transaction costs for all users. The mission of FANTOM is to provide compatibility between all transaction bodies around the world and create an ecosystem that allows real-time transactions and data sharing at a low cost. “

Buying and Selling Fantom

It is usually not possible to purchase alternative cryptocurrencies such as Fantom directly using US dollars. Investors seeking to trade Fantom should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Fantom using one of the aforementioned exchanges.

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