Fantom (FTM) Market Capitalization Reaches $2.06 Billion

Fantom (FTM) traded up 8% against the U.S. dollar during the 1-day period ending at 11:00 AM Eastern on October 14th. One Fantom coin can currently be bought for about $0.74 or 0.00001116 BTC on popular exchanges. Fantom has a market capitalization of $2.06 billion and approximately $296.96 million worth of Fantom was traded on exchanges in the last 24 hours. In the last week, Fantom has traded 9.2% higher against the U.S. dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0499 or 0.00000076 BTC.
• P2P Solutions foundation (P2PS) traded up 6.8% against the dollar and now trades at $169.52 or 0.00257002 BTC.

Fantom Coin Profile

Fantom launched on June 16th, 2018. Fantom’s total supply is 3,175,000,000 coins and its circulating supply is 2,803,634,836 coins. Fantom’s official Twitter account is @fantomfdn and its Facebook page is accessible here. The Reddit community for Fantom is https://reddit.com/r/fantomfoundation and the currency’s Github account can be viewed here. The official website for Fantom is fantom.foundation.

According to CryptoCompare, “Fantom (FTM) is a blockchain platform based on the Directed Acyclic Graph (DAG) consensus system. It is designed to solve the scalability and versatility issues of existing blockchain solutions by providing a faster, more secure transaction processing system. The primary token of the Fantom network is the FTM, used to secure the network through staking, governance, payments, and for fees. Fantom was created in 2018 by Michael Kong, Dr. Ahn Byung Ik, and Dr. Ahn Byung Jun. Money transfers take around 1 second and cost about $0.0000001, and FTM is also needed for on-chain governance. FTM is available as native mainnet token, as ERC-20 token, and as BEP-2 token and can be purchased on all major cryptocurrency exchanges.”

Fantom Coin Trading

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

FTM/USD price chart by TradingView