Fantom (FTM) price soars after a partnership deal with 123swap

Fantom (FTM) price soars after a partnership deal with 123swap
фото показано с : coinjournal.net

2021-11-24 13:56

Fantom (FTM) price has been on the rise since Monday November 22 after it unveiled a partnership with 123swap decentralised exchange.

Today, the price of FTM is up 10% to trade at $2.38 with a 24-hour trading volume of $1,212,936,814.

What is Fantom

Fantom (FTM) is a decentralized and scalable platform that plans to overcome the limitations of the current blockchain networks. The Fantom token holders can stake their holdings and earn staking rewards from the Fantom network.

Fantom works by recognizing the limitations of the current blockchains in the crypto world and planning on how to overcome them. The FTM platform is decentralized, scalable, permissionless, and open-source with an advantage over other major blockchains.

Fantom lowers the cost while increasing the performance of decentralized apps (DApps) via Lachesis, a directed cyclic graph (DAG)-based deterministic algorithm that runs the Opera mainnet of Fantom.

The main purpose of the Opera mainnet is to enable the use of smart contracts through Ethereum’s EVM (Ethereum Virtual Machine), this can be seen as an evolution from the standard blockchain.

Fantom network is completely independent therefore there is one traffic congestion that does not affect any other part of the network. This high level of scalability provides every application with a personalized blockchain with custom governance rules, tokens, and tokenomics.

Why is Fantom (FTM) price rising?

Fantom and 123swap had announced a new partnership earlier today to raise the visibility of Fantom in the 123swap ecosystem.

The integration will make Fantom more attractive as a potential asset involved in swaps. 123swap is one of the many platforms that allow cryptocurrency holders to swap their assets easily.

Currently, this ecosystem is experiencing a substantial growth spurt since the platform is adding one or two outside blockchains weekly. However, it is still at an early stage after its recent funding.

The positive news from Fantom is encouraging. In the bi-weekly operational update on Monday, Fantom said that its total locked values have risen by over 600% to $5.1 billion since the launch of its Incentive Rewards program for developers. However, last week it was revealed the total daily transactions hit a new record of over 1.8 million.

The post Fantom (FTM) price soars after a partnership deal with 123swap appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

ETH/LINK Price Action Candlestick Set (LINKETHPA) на Currencies.ru

$ 467.1 (+0.48%)
Объем 24H $0
Изменеия 24h: 0.85 %, 7d: 17.53 %
Cегодня L: $453.49 - H: $467.1
Капитализация $0 Rank 3676
Доступно / Всего 0 LINKETHPA

price fantom ftm 123swap deal partnership soars

price fantom → Результатов: 26


Fantom ($FTM) Price Prediction 2021 – 2025

In this guide, we will voice our own and market’s opinion on Fantom future while discussing FTM price forecast for 2021 and beyond. Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a […] The post Fantom ($FTM) Price Prediction 2021 – 2025 appeared first on CaptainAltcoin.

2021-5-25 15:51


How Fantom Is Making the DeFi Space More People Friendly

Fantom, a relatively new platform in the blockchain industry has been making headlines recently due to its recent surge in price and revolutionary network speed and performance. The platform has undeniably been gaining traction and widespread support since the launch of their last upgrade set to improve transaction speeds that were already unparalleled by its […]

2021-5-3 11:17


Фото:

Fantom uses Band Protocol’s (BAND) price oracles to launch Liquid Staking

Fantom — a scalable, fast, and secure platform for DeFi, supply chains, and even crypto payments — just launched a new DeFi protocol called Liquid Staking. The service combined its own technology with Band Protocol’s (BAND) decentralized price oracles to bring liquidity to stake assets on its layer-1 protocol, and being the first project in crypto history to ever do so.

2020-12-13 12:41