The Fantom (FTM) price has recently shown promising growth, but questions remain about how long this uptrend can last. Despite the initial surge, key indicators are starting to hint at a potential weakening of momentum.

A closely followed crypto analyst and trader believe that one red-hot Solana (SOL)-based memecoin may have even more upside potential after putting up huge gains in the last week.

FTM is trading at approximately $0.76 after a robust 9% increase in just a single day. This upward momentum can be attributed to a combination of factors, including the liquidation of short sellers and a notable rise in transactions by whale investors.

Polkadot (DOT) has seen a remarkable resurgence in the cryptocurrency market over the past week, prompting many analysts and investors to speculate about its future trajectory. After reaching a low of $3.90, DOT has rallied impressively, experiencing a surge of 12.82% recently.

Sonic Labs, the team behind the Sonic blockchain formerly known as Fantom, has released an ambitious litepaper that details technological advances and a new token distribution mechanism.

FTM transactions exceeding $100,000 have jumped 1,000% from 4.38M to 50.78M.

Polkadot has experienced a significant comeback over the past week, leaving analysts eyeing a 357.67% rally to $20.

As the altcoin market makes a comeback, with Bitcoin momentarily crossing above the $66,000 level, Polkadot and Fantom are gaining momentum. FTM and DOT are ranking among the top performers with a breakout and a trend reversal rally.

Polkadot's native token, (DOT), may be positioning itself for a major breakout, following a similar price trend seen in Fantom. However, Popular crypto analyst Ali Martinez suggests that if this trend holds, Polkadot could first rally to $9.7. After a brief pullback to $6.7, Martinez suggests DOT could even break out to an impressive $20.

AI-related cryptos are seeing a surge of interest in today's session as buying activity heats up.

The intense bullishness in September has given way to a milder, range-bound price action.

The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours.

Fantom (FTM) has been making headlines in the cryptocurrency world lately, as it has broken out of a descending price channel and is now trading at approximately $0.6721, marking a notable 3.15% increase. This surge has generated discussions among investors and analysts alike, with many wondering if this bullish momentum can propel FTM to new all-time highs.

Two DeFi tokens—Fantom (FTM) and Conflux (CFX)—are gearing up for a potential breakout. With their current price trends at critical junctions, investors are keenly watching to see if these tokens can sustain their momentum and potentially hit the $1 mark in the near future.

FTM, TRX, and APT show gains, while analysts project a long-term bullish outlook for BTC.

FTM's breakout shows strong momentum, supported by bullish technical and on-chain indicators.

The altcoin space has remained calm in the recent past, with most projects signaling imminent bullish breakout after consolidating in the past seven months. The crypto cash rotation will be favoring the altcoins in the near term after Bitcoin's (BTC) price dominated the past year.

When/if Bitcoin ($BTC) makes its next upside move, some of the more fundamentally sound altcoins have the potential to outperform. Binance Coin ($BNB), Fantom ($FTM) and THORchain ($RUNE) are among them.

Fantom (FTM) price has seen a remarkable rally in the last 30 days, surging 68% and sparking speculation of the token's return to $1. However, despite this impressive performance, on-chain data suggest that the run toward this milestone is far from guaranteed.

Amid the minor pullback in the top altcoins, Fantom and Conflux DeFi Tokens are preparing for the next bullish stage. With ongoing recovery runs, the FTM and CFX price trends are at crucial “Make it or Break it” junctions.

This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, which was originally published in Q1 2024, writer Gaz of Blocmates thoroughly examines Fantom's major upgrade, named Sonic.

Bitcoin's recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.

Fantom (FTM) price has rebounded impressively after a week of bearish trends. The value of FTM is climbing, with the potential for further increases.

Fantom approaches $0.625 psychological level after a price rebound.

Fantom's FTM token has surged 71% in 30 days, driven by anticipation of the Sonic upgrade, increased network activity, and growing interest in its DeFi ecosystem.

The price of the crypto FTM of the layer-1 network Fantom has recorded an impressive performance in recent weeks.

Fantom (FTM) is capturing the attention of the crypto community as it experiences a sharp rise in price, driven by a substantial increase in whale transactions. Over the past 24 hours, FTM has jumped by 11%, and in the past week, the token has gained a remarkable 20%.

Fantom price defies the crypto market downtrend as traders anticipate a new token launch and mainnet upgrade.

Fantom rises by 11%, driven by a massive whale activity surge.

Fantom (FTM) has been making waves in the cryptocurrency space with a remarkable 78% surge in just 30 days. While the broader crypto market has entered a phase of consolidation, FTM has defied the cooling trend, driving speculation that it might hit $1 this month, often referred to in the crypto community as “October.

Fantom (FTM), currently transitioning to Sonic (S), is one of today's top market gainers, with its price rising by 8% in the last 24 hours.

Following the lead of Bitcoin (BTC), the altcoins are starting to break out and recover their lost gains of the last six months. $SUI, $INJ, and $FTM are among the altcoins currently making the fastest progress to the upside.

Crypto analyst Wisdom Matic has shared realistic price targets for Bitcoin (BTC), Dogwifhat (WIF), and Fantom (FTM). The analyst suggested that these coins would reach these price levels in this bull run, although he didn't state when exactly it would happen.

Story Highlights The live value of the Fantom token is . FTM price could hit a high of $1.00 in 2024. With a potential surge, the Fantom price may reach $4.83 by 2030. The crypto-verse has been generous enough to aspiring and innovative projects. That brings drastic changes to the ecosystem by offering unique services.

A closely followed analyst believes that one Ethereum (ETH) challenger is gearing up to spark massive rallies and play catch-up with other high-flying crypto assets.

Fantom bullish on-chain metrics may fuel price rally.

A widely followed trader is leaning bullish on a mid-cap Real World Asset (RWA) token while offering his insight on three other altcoins.

In recent weeks, Bitcoin's performance has set the tone for the market. Following a significant rise driven by positive macroeconomic news, many investors are optimistic about altcoins gaining traction.

With the BTC price stabilizing above the $63,000 level, top cryptocurrencies have regained momentum with major altcoins breaking out of their respective resistance levels. Moreover, mid-cap altcoins have recorded high gains, raising speculations of a potential Altseason.

Explore top cryptocurrencies projected to yield high returns by year-end. Learn about their make-up, projection methodologies and how investors can potentially earn up to 500% return on investment.

Fantom (FTM) has experienced remarkable price movement recently, attracting the attention of investors seeking new opportunities for growth. As the momentum builds, many Fantom (FTM) investors are looking to diversify their profits by exploring new and innovative projects like Mpeppe (MPEPE), an A.I.

Here is how some of your favorite assets concluded the week.

The $0.66 and $0.9 zones were the next pivotal resistance zones and were a notable supply zone earlier this year.

The recent announcement by the Federal Reserve to cut interest rates by 50 basis points has sent shockwaves through the market, especially among altcoins. The Fed rate cut has resulted in a significant surge in Bitcoin (BTC) and altcoin prices, with notable performances from Sui (SUI), Celestia (TIA), Fantom (FTM), Bittensor (TAO), and Sei (SEI).

With the growing certainty over the crypto space, some of the projects are set to outperform as they possess the ‘shill narrative'. Some bullish catalysts, like the FTX narrative, the probable win of Donald Trump, and further rate cuts, have strengthened the tokens.

Fantom was developed to provide a faster and more efficient way to process transactions on the blockchain. Traditional blockchains often struggle with speed and scalability, which can hinder their adoption in real-world applications.

The recent interest rate cuts by the Federal Reserve have triggered a surge in whale activity for key altcoins like Fantom (FTM), Immutable X (IMX), and Basic Attention Token (BAT), according to Santiment, a leading market intelligence platform.