The Fantom crypto is very hot right now. After the sudden surge in popularity caught up with this token in early September of 2021, FTM has kept going higher and higher. So of course, many people want to know if it will last. We gathered some of the Fantom coin price predictions, so you can take a look at a possible future for the FTM crypto.
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Fantom Price Prediction: Will Fantom's Remarkable Bull Run Continue?
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Table of Contents
Fantom Fundamental Analysis
Project name
Fantom
Stock Symbol
FTM
Current Price
0.4572
Current Supply
3175000000
Official Website
Fantom (FTM) is a token powering an eponymous platform for dApp developers all across the globe. Fantom Foundation, which is an entity overseeing Fantom as a product, was founded in 2018.
Fantom aims to solve the blockchain trilemma — how to achieve decentralization, scalability, and security in a network simultaneously, without sacrificing any of them. To do that, Fantom uses Lachesis — mechanism or layer based on Asynchronous Byzantine Fault Tolerance (aBFT) consensus.
Lachesis, and this consensus in particular, build on classic BFT and Nakamoto consensus, but the asynchronous nature of this variation means faster block times and lower energy consumption than the previous versions. Thus, aBFT solves the scalability issue. The network is secured using Leaderless Proof-of-Stake, which keeps the emphasis on decentralization.
Fantom is modular and also allows for building independent networks to deploy every dApp on Opera (Fantom’s mainnet). This adds scalability since different projects are unaffected by the others’ possible issues. On the other hand, those networks use the same infrastructure, logic, and communicate easily.
FTM token powers Opera and Fantom ecosystem as a whole. The main use of FTM is staking (to become a Validator node, one must hold more than 3,175,000 FTM). FTM is also used as network fees, as a governance token, and as a currency for fast and cheap transactions.
Fantom Live Price Chart
Fantom’s price action went from quite unremarkable in the first year or two after the token’s launch to getting some traction in the first half of 2021. As the crypto market rallied, so did FTM, with its price going from $0.01–$0.02 at the beginning of 2021 to more than $0.91 by mid-May. Later, of course, the crypto market went through a brutal crash, so Fantom token price had been in free fall towards $0.15 until mid-July.
Since then, though, it’s been nothing but the clear skies for Fantom, which joined a new bull run after July lows. But FTM’s price has started really soaring at the beginning of September, following the announcement of its DeFi incentive program and some important partnerships. By the second week of September Fantom hit $1.74, which is a new all-time high. Judging by many of the Fantom price predictions, it may emerge as an unlikely player in the future.
Fantom Technical Analysis
Despite the fact that 100% accurate technical analysis for Fantom cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated FTM buy-and-sell rating for selected timeframe. The summary for FTM/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Fantom Price Prediction
Below we have collected the most reliable price projections for Fantom (FTM) from popular forecast platforms.
Fantom Price Prediction for 2023
As of the beginning of 2023, Fantom price predictions are mostly pessimistic, predicting a decline to $0.425196 (WalletInvestor) and even lower, down to $0.132588 (according to TradingBeast) by the end of 2023.
Potential ROI:
-37%
Sell
Fantom Price Prediction for 2024
According to PricePrediction.net, in 2024 Fantom price is predicted to decline to $0.155448, which makes Fantom a poor investment option. TradingBeast, in turn, predicts the price drop to $0.222748, and WalletInvestor agrees with a predicted price fall down to $0.16002.
Potential ROI:
-61%
Sell
Fantom Price Prediction for 2025
Fantom price predictions for 2025 are still predominantly negative, with some analysts promising prices in the $0.059436–$0.233885 range (WalletInvestor, TradingBeast), while PricePrediction.net takes a different view and cites the possibility of the price reaching $0.484632 in December 2025.
Potential ROI:
-43%
Sell
Fantom Price Prediction for 2026
Both PricePrediction.net and TradingBeast doubt that the Fantom market will grow in 2026, predicting the price drop to $0.338328 and $0.014033 by the end of the year respectively. Other Fantom price forecasts support the idea: WalletInvestor forecasts Fantom to fall down to $0.278892 by December 2026.
Potential ROI:
-54%
Sell
Fantom Price Prediction for 2030
Speaking of long-term Fantom price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that Fantom price will grow further and eventually reach $0.530352 by the end of the decade. WalletInvestor’s price prediction for Fantom echoes with the projection of an uptrend to $0.736092. Despite this, TradingBeast’s vision remains not so positive, promising a downfall to $0.014314.
Potential ROI:
-7%
Sell
Summary
As it can be clear from the analysis cited above, Fantom (FTM) projections are rather contradictory. There is no universal consensus either about positive or negative future FTM price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Fantom projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer:
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
