Fantom Price Prediction 2023 – When will FTM hit $3?
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#fantompriceprediction #fantom #ftm #crypto
The broader crypto market passed a gloomy year in 2022 and the FTM has been among the top losers.
Fantom (FTM), which is a smart contract platform of DAG-base, has declined by almost 30% from the November 2022 peak. This value depreciation is a direct consequence of contradictional news about the platform and crypto winter. Thus, Fantom core network’s development delay influenced investors to lose confidence in the project.
However, the Fantom (FTM) impoverished performances at the beginning of this year. The value of FTM has declined by 94% in the previous year while declaring an uncertain future. Despite the terrific price decline, it is not the absolute reason that the FTM is confronting troubles.
The conflicts of FTM has gained as some of these networks have already disclosed their coalition or revealed their native or digital tokens. These evolutions make it more troublesome for FTM to fascinate fresh investors and sustain its reputation as the top blockchain platform in the crypto industry.
The Fantom price today has a circulation supply of 2,768,193,082 FTM, while the maximum supply is 3,175,000,000 FTM.
Should you invest in FTM/USD from the discounted price?
Let’s see Fantom's (FTM) Price Prediction from the FTM/USD technical analysis:
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