Fantom Price Hits $0.29 on Top Exchanges (FTM)

Fantom (FTM) traded 16% lower against the U.S. dollar during the 24-hour period ending at 18:00 PM Eastern on August 5th. Fantom has a total market capitalization of $821.34 million and approximately $302.32 million worth of Fantom was traded on exchanges in the last day. During the last week, Fantom has traded down 34.4% against the U.S. dollar. One Fantom coin can currently be purchased for approximately $0.29 or 0.00000537 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 4.5% lower against the dollar and now trades at $0.0118 or 0.00000022 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 15.5% lower against the dollar and now trades at $0.0627 or 0.00000116 BTC.

Fantom 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. Fantom’s official Twitter account is @fantomfdn and its Facebook page is accessible here. Fantom’s official website is fantom.foundation.

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 US dollars. Investors seeking to trade Fantom should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Fantom using one of the exchanges listed above.

FTM/USD price chart by TradingView