Fantom (FTM) Reaches Market Capitalization of $2.27 Billion

Fantom (FTM) traded down 9% against the dollar during the twenty-four hour period ending at 8:00 AM ET on December 28th. Fantom has a market cap of $2.27 billion and $282.85 million worth of Fantom was traded on exchanges in the last 24 hours. In the last week, Fantom has traded down 20.5% against the dollar. One Fantom coin can now be purchased for approximately $0.81 or 0.00000856 BTC on exchanges.

Here’s how other 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 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 down 1.9% against the dollar and now trades at $94,329.20 or 0.99825689 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.2% against the dollar and now trades at $93,873.81 or 0.99343765 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Fantom

Fantom’s launch date was 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 (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 possible to purchase alternative cryptocurrencies such as Fantom directly using US dollars. Investors seeking to trade Fantom should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Fantom using one of the exchanges listed above.

FTM/USD price chart by TradingView