Fantom (FTM) Trading Down 14% This Week

Fantom (FTM) traded 8.6% lower against the dollar during the 1 day period ending at 22:00 PM ET on July 24th. Over the last week, Fantom has traded down 14% against the dollar. One Fantom coin can now be purchased for approximately $0.45 or 0.00000692 BTC on popular exchanges. Fantom has a total market capitalization of $1.25 billion and $85.64 million worth of Fantom was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded down 1.5% against the dollar and now trades at $0.19 or 0.00000291 BTC.
• 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 2.2% lower 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• Lumi Credits (LUMI) traded up 0.7% against the dollar and now trades at $0.0130 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Fantom 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.”

Buying and Selling Fantom

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

FTM/USD price chart by TradingView