Fantom Market Capitalization Hits $2.18 Billion (FTM)

Fantom (FTM) traded up 4.5% against the U.S. dollar during the 1-day period ending at 8:00 AM Eastern on November 10th. One Fantom coin can currently be bought for about $0.78 or 0.00000978 BTC on popular exchanges. In the last week, Fantom has traded 32% higher against the U.S. dollar. Fantom has a market capitalization of $2.18 billion and approximately $302.79 million worth of Fantom was traded on exchanges in the last 24 hours.

Here is how related 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 down 2.2% 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 4% against the dollar and now trades at $79,369.66 or 0.99681082 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.8% against the dollar and now trades at $79,140.96 or 0.99393856 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 Coin 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. 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. 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.”

Fantom Coin Trading

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