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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
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