Fantom (FTM) Price Tops $0.70 on Exchanges

Fantom (FTM) traded 0.7% lower against the dollar during the 1-day period ending at 9:00 AM E.T. on April 7th. One Fantom coin can now be bought for about $0.70 or 0.00000744 BTC on popular cryptocurrency exchanges. Fantom has a total market capitalization of $1.95 billion and approximately $46.27 million worth of Fantom was traded on exchanges in the last 24 hours. In the last week, Fantom has traded down 13.7% against the dollar.

Here’s how similar 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 2.2% lower 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 1.2% higher 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.
• SolvBTC (SOLVBTC) traded down 6.9% against the dollar and now trades at $76,830.75 or 1.00229752 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 6.8% lower against the dollar and now trades at $76,622.77 or 0.99958430 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Fantom Coin Profile

Fantom was first traded on 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 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 currently possible to purchase alternative cryptocurrencies such as Fantom directly using U.S. dollars. Investors seeking to trade Fantom should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Fantom using one of the exchanges listed above.

FTM/USD price chart by TradingView