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Fantom's Revenge

FTM is mounting a feverish comeback.
Fantom's Revenge
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Fantom outpaces market. There’s always a bull market somewhere in crypto and this month, Fantom network (FTM) has stood apart from other smart contact platforms thanks to a significant price increase! What development is driving outsized FTM gains?

Compared to FTM’s staggering 144% rally since the beginning of March, the majority of L1 blockchain tokens are struggling to keep their heads above water, finding themselves down on the month or having only squeezed out a couple percentage points of gains.

While the Fantom ecosystem was decimated by last year’s Multichain exploit, which drained $130M in crypto from the Project’s Fantom bridge in July, many Crypto Twitter influencers are expecting the chain to stage a resurgence in 2024…

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Jack Inabinet

Written by Jack Inabinet

932 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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