Fantom Reaches Market Cap of $1.95 Billion (FTM)

Fantom (FTM) traded 0.7% lower against the dollar during the twenty-four hour period ending at 8:00 AM Eastern on January 21st. One Fantom coin can now be bought for about $0.70 or 0.00000744 BTC on popular exchanges. During the last seven days, Fantom has traded 13.7% lower against the dollar. Fantom has a market cap of $1.95 billion and approximately $46.27 million worth of Fantom was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 2.9% lower against the dollar and now trades at $104,163.59 or 0.99780466 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.1% lower against the dollar and now trades at $103,823.73 or 0.99454905 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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.

Fantom Profile

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

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.”

Buying and Selling Fantom

It is usually not presently possible to buy alternative cryptocurrencies such as Fantom directly using US dollars. Investors seeking to acquire Fantom should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase 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