Story Highlights
- The live value of Fantom is $ 0.83347839.
- FTM price could reach a high of $1.92 by the end of 2024.
- With a potential surge, the Fantom price may reach a maximum of $6.25 by 2030.
The crypto-verse has been generous enough to aspiring and innovative projects. That brings drastic changes to the ecosystem by offering unique services. One such protocol that holds the potential to revolutionize the DeFi world with its smart contracts is Fantom.
The vision behind the launch of the FTM token was to integrate compatibility between all transaction platforms around the world. The platform is known for employing the “Direct Acyclic Graph” (DAG) smart contract platform, which empowers the scalability of the network.
The distinctive strengths of the FTM incentive program, have caught the interests of marketers. Who is keen on, if FTM price could propel to the $1 mark this 2024? Are you one of the many investors keen on FTM? Look no further, as we exhibit the possible price prediction of FTM for 2024 and the years to come.
Table of contents
Overview
| Cryptocurrency | Fantom |
| Token | FTM |
| Price | $ 0.83347839  2.80% |
| Market cap | $ 2,336,769,053.6131 |
| Circulating Supply | 2,803,634,835.5266 |
| Trading Volume | $ 163,750,410.9318 |
| All-time high | $3.48 on 28th October 2021 |
| All-time low | $0.001953 on 13th March 2020 |
| 24 High | $ 0.7300 |
| 24 Low | $ 0.6501 |
*The statistics are from press time.
FTM Price Prediction June 2024
After trading under a bearish influence for a brief period and recording a correction of 19.69% within the past week and 1.79% over the past month, the Fantom coin price has displayed a strong bullish reversal by adding 9.87% with a change in trading volume of 2.52% within the past day.
The Moving Average Convergence Divergence (MACD) displays a constant decline in the red histogram, indicating a strong bearish sentiment for the altcoin in the cryptocurrency market. However, the averages show a high possibility of a bullish curve, suggesting a mixed sentiment.
If the market pushes the price above the resistance level of $0.7090, the bulls will regain momentum and prepare to test its upper resistance level of $0.8640. Conversely, a bearish price action could pull the FTM crypto toward its crucial support level of $0.5580.
Fantom Price Forecast 2024
With an increase in volumes, deployment of newer dapps, and the 335 M FTM incentive program bearing fruits. The price of the digital asset could reach a new potential high, as marketers would hold a bullish outlook. The social sentiments could drive in higher volumes. The increase in holders will be an optimistic sign for the long-term propulsion of FTM’s price.
Successively, seeking impetus from holders the price would remain immune against massive downswings. Conversely, the rise in bullish volumes will help the FTM price rise to a maximum of $1.92. On the flip side, it could take a dip to the low of $1.06. That being said, the average price might land at $1.49.
Fantom Price Prediction 2024 – 2030
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | 1.06 | 1.49 | 1.92 |
| 2025 | 1.65 | 2.20 | 2.75 |
| 2026 | 2.26 | 2.78 | 3.31 |
| 2027 | 2.98 | 3.49 | 4.01 |
| 2028 | 3.45 | 4.03 | 4.62 |
| 2029 | 4.00 | 4.62 | 5.24 |
| 2030 | 4.85 | 5.55 | 6.25 |
Fantom Price Prediction 2025
When predicting the price for the long term, it is important to analyze the asset’s historical footprints. And how it behaves when bears overtake the market. From a historical point of view, Fantomcoin remains relatively volatile during market fluctuations. Hence, by the end of 2025, at minimum, the price could flip to $2.75.
As the coin continues to evolve, this super-fast smart contract platform has the potential to reach $2.20. The impetus for this could come from greater adoption of the protocol. And successful collaborations and alliances. That said, factoring in its average trajectory over its cycles, the price of Fantom crypto could settle at intermediate levels of $1.65.
Fantom Price Prediction 2026
According to our analysts, FTM coin price prediction for the year 2026 could range between $2.26 to $3.31, and the average price of Fantom could be around $2.78.
Fantom Price Prediction 2027
According to our analysts, Fantom price for the year 2027 could range between $2.98 to $4.01, and the average price of FTM could be around $3.49.
Fantom Price Prediction 2028
According to our analysts, FTM crypto prediction for the year 2028 could range between $3.45 to $4.62, and the average Fantom coin price could be around $4.03.
Fantom Price Prediction 2029
According to our analysts, Fantom’s forecast for the year 2029 could range between $4.00 to $45.24, and the average FTM coin price could be around $4.62.
Fantom Price Prediction 2030
According to our analysts, FTM predictions for the year 2030 could range between $4.85 to $6.25, and the average Fantom price could be around $5.55.
What Does The Market Say?
| Firm Name | 2024 | 2025 | 2030 |
| Wallet Investor | $0.0209 | $0.0197 | – |
| priceprediction.net | $0.6262 | $0.8751 | $5.95 |
| DigitalCoinPrice | $1.01 | $1.45 | $4.26 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
CoinPedia’s Fantom Price Prediction
Fantom crypto is one of the young and promising altcoins. We have brought you some interesting predictions for this coin. According to CoinPedia’s formulated Fantom price prediction, it may smash $1.92 by the end of 2024.
On the downside, market fluctuations and uncertain global conditions, even failure of upgrades can be a possible setback for the altcoin. And thereby the DeFi token’s price may struggle to consolidate around $1.06 by the end of 2024.
Fundamental Analysis
The Fantom protocol was launched by Dr Ahn Byung Ik, a computer scientist from South Korea. The foundation’s initial product offering done in 2018, went live mainstream in December 2019. The present CEO of the network is Micheal Kong. The innovative developers behind the network possess advanced knowledge in the field of full-stack blockchain development.
The team is intended to build a smart contract platform that integrates scalability and security. One of the consensus layers of the platform Lachesis enables Fantom’s Opera mainnet deployment. The modularity of the Fantom Blockchain is highly flexible as the developer team can deploy their existing Ethereum-based decentralized Fantom.
What Is Fantom Token?
Fantom is an open-source, permissionless, and decentralized smart contract platform. Built to counter the drawbacks of the previous generation blockchain networks. The DeFi token makes use of a revolutionary aBFT consent mechanism called Lachesis. This enables the token platform to be much faster and cost-efficient than previous technologies.
Fantom has its own native token FTM, which intends to solve technical glitches related to smart-contract platforms, notably transaction speed. As per the reports, developers claim that they have lowered the speed below two seconds. The altcoin also makes use of a leaderless Proof-of-Stake mechanism to provide a high level of security. Moreover, the protocol is compatible with ERC 20 as well as BEP 2.
Fantom Historic Market Sentiments 2019 – 2022
- Fantom made its debut in December 2019 with an ICO of $1.94. In the same month, the price fell to around $0.0386.
- Due to fewer activities during the initial months. The coin lingered at $0.01289 for 4 months till year-end.
- The FTM price didn’t record any gains in the year 2020 as there were no events or fundamental upgrades and concluded the year with a tag of $0.0184.
- Fantom initiated its rally with a price of $0.01648. The series of events and listing on Gemini helped the price surge over $0.8185 by May 8th.
- Due to the Chinese market crisis, the price plunged drastically to $0.2524. The PoS token regained momentum by surging 941% to $1.7 milestone by September 9th.
- The Chinese market turmoil disturbed the price rally again, dumping the asset’s price to $0.9896 in the same month. Forming a rising wedge pattern the price surged more than 300% on October 8th.
- FTM price had initiated its run to 2022 with a price tag of $2.2552. The altcoin climbed up to its quarterly high of $3.374 by the 17th of January. But the rise was short-lived as the FTM price plunged to $1.8100 by the 22nd of January.
- Ranging south, FTM’s price witnessed the bottom at $1.314 on the 24th of February. After a short-term rebound, the first quarter was closed at $1.5430.
- Fantom had initiated the second quarter with a price tag of $1.613. The second quarter was fatal for the altcoin, as the broader industry came across turbulence, amidst the insolvency crisis of major firms. Bearing losses of over 80%, the quarter was terminated at $0.2452.
CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!
FAQs
Yes, FTM is a profit-making investment, considering the strengths of the network, and the initiatives undertaken by the makers. The digital coin could portray higher yields in the long term.
Considering the current projections and stance of the network. FTM price could claim a feasible potential high of $1.92 by the end of 2024.
Yes, it is a safe network, as it employs a bespoke model of the Proof-of-Stake algorithm.
According to our Fantom price prediction 2025, the altcoin could claim a maximum of $2.75. With a potential surge, the FTM price could reach a maximum of $6.25 by the end of 2030.
FTM is available for trade across prominent cryptocurrency exchange platforms such as Huobi, Okex, Binance, etc.
At the time of publishing, the price of one FTM was $0.6895.
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