• Cryptocurrencies: 2209
  • Markets: 18660
  • Market Cap: $248307169701.14
  • 24h Vol: $65399327387.178

Bob’s Gem Of The Day 3! : Fantom ($FTM) Potential Korean DAG Heavyweight Hitter

Bob’s Gem Pick’s is a segment that showcases the hidden world within Cryptocurrency. Join me and find the next Home Run. Join the Conversation with me using #BobsGemPicks

Fantom (FTM)

Current Trading Price:

$0.023200 USD (-1.53%) 

CMC Rank: #1720

Market Cap: $? USD

Volume (24h) $930,805 USD

Circulating Supply -? FTM

Total Supply – 1,377,263,178 FTM

ICO $ Raised: $40,000,000

Current Price vs ICO Price ≈ $0.023200 USD / 0.0400 USD
ICO Profit ≈ 0.54x

Hype rate: Very High

Risk rate: Low

ROI rate: Very High

Social Media Comparison:

Telegram members: 33,307 Very High

Twitter members: 9,602 Medium

Facebook members:  N/A

 

What is it? 

FANTOM is a new DAG based Smart Contract platform that intends to solve the scalability issues of existing public distributed ledger technologies.

The platform intends to distinguish itself from the traditional block ledger-based storage infrastructure by attempting to employ an improved version of existing DAG-based pro-tocols. The FANTOM platform adopts a new protocol known as the “Lachesis Protocol” to maintain consensus. This protocol is intended to be integrated into the Fantom OPERA Chain. The aim is to allow applications built on top of the FANTOM OPERA Chain to enjoy instant transactions and near zero transaction costs for all users.

The mission of FANTOM is to provide compatibility between all transaction bodies around the world, and create an ecosystem which allows real-time transactions and data sharing with low cost.

Team: Active and strong.
Competitors:

None yet

Rumour mill: Big Exchanges listings in the works. Korean Company so..well if the aforesaid happens I’ll see you on Mars!

 

What is my current trading position? Accumulating. Long term hold.
  • Support: 0.00011150 Eth
  • Resistance: 0.00011625 Eth

Why It’s Bob’s Pick:

  • $40m raised at ICO. Plenty of money to market this properly.
  • It’s a Korean DAG platform offering
  • Idea of the project is to develop a platform for smart contracts on the basis of Directed Acyclic Graph in order to provide instant transactions and infinite scalability with near zero cost
  • More or less half of ICO price
  • Big exchange will catapult the price to the stars! (Esp. a Korean exchange!)
  • Bull flag forming.(See Below)
  • ****Just listed on Kucoin. Big exchange listing in the works!!

Final thought: Accumulate sooner rather than later. Potentially a Future Korean Powerhouse. #idexgems

Nouvive: Home of Crypto Beginners, Traders & Investors. Nouvive provides Cryptocurrency trading news, Analysis and indicators for beginners, traders and investors.

Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.

Show Your Views:
  •  (5)
  •  (0)
  •  (0)
  •  (0)
1396

ViFeed Indicators

Bitcoin (BTC)
$7986.72
56.00 RSI
0.04%
Hold
Ethereum (ETH)
$248.2
36.00 RSI
-1.00%
Buy
XRP (XRP)
$0.38
62.00 RSI
-1.14%
Hold
Bitcoin Cash (BCH)
$397.55
51.00 RSI
-2.52%
Hold
Litecoin (LTC)
$100.53
66.00 RSI
-1.19%
Hold
EOS (EOS)
$6.32
36.00 RSI
-1.64%
Buy
Binance Coin (BNB)
$33.6
49.00 RSI
-0.95%
Hold
Tether (USDT)
$1
0.00 RSI
-0.18%
--
Stellar (XLM)
$0.12
38.00 RSI
-1.44%
Buy
Cardano (ADA)
$0.08
38.00 RSI
-1.19%
Buy
How much do you invest a month into Crypto