While Fantom Price Explodes, These Coins Might 10x
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Loading... - Kouyate Douda
- 02 Feb 2023
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FTM, the token that powers the high-performance smart-contract-enabled Fantom layer-1 blockchain protocol, has seen a stunning return to form this year. Some pre-Fed meeting profit taken has seen it slip back under $0.52 from the more than eight-month highs it hit above $0.55 on Tuesday.
But FTM/USD continues to trade up a jaw-dropping 160% since the end of December 2022, with the pace of its exponential rate of gains picking up over the course of January. Crypto markets have benefitted this year from a combination of bets that 1) 2023 will be a better year on the macro front as US inflation rapidly falls, allowing the Fed room to “pivot” to a more dovish stance and 2) that 2022’s bear market might now be over. Read More…
