The Fantom FTM Token | Why I'm Betting BIG On FTM + FTM Price Predictions

My Links for More $$$

💸 Use this code for $25 worth of BTC on Voyager A128E7798 or this link
https://voyager.onelink.me/WNly/refer...
💸 How I invest in Real Estate with little money: https://fundrise.sjv.io/MXXDKM
💸 My Savings Account - Yotta Savings Account! Use code Adam94 for free tickets!

My “Best-Sellers”
🕮 “Tactical Reload” Book & Audio Book https://amzn.to/39ZIhTs
🕮 “Typo: What the Media Gets Right About Policing” Book Only https://amzn.to/39f2vcQ

Business Inquires: adamwilson2502@yahoo.com

Fantom's current TVL of almost $12.3 billion versus its market cap of $5.1 billion gives it a value of about 0.4. Now why is that number important?

For the sake of comparison, Ethereum has a TVL of $120 billion versus a market cap of $300 billion, equating to a "price-to-book value" of 2.5. Similarly, other major layer-1 cryptos like Avalanche (1.8), Terra (1.6), and Solana (3.9) all have valuations that are higher than Fantom's, suggesting that it is undervalued compared to these coins.

Not only is Fantom highly undervalued when compared to some the big dogs in this space, but they’re faster. How fast? Check this out. Yep, you’re looking at that right, Fantom is #1, Fantom is considered to have the fastest transaction time with 300,000 tps, well at least when the article was published in September. You will see some other familiar names on this list. You have Solana sitting there at number 5 with 65,000 tps, Ole Hbar is sitting there at number 9 with 10,000 tps, and finally Cosmos with 10,000 tps.

In January 2021, there were only 5,000 unique Fantom wallet addresses. By the end of 2021 there were more than 1.5 million. Last January, Fantom processed about 4,000 transactions per day. As of last month, this number had increased 18,650% to 750,000 transactions per day.

Now, although they’ve seen fantastic growth this past year. Fantom is not some bs coin, this is a solid project. However, I do think we’re going to see a lot of volatility with Fantom, so strap in, but I do think this one could be worth taking a chance on and riding those waves of volatility to profit town. With their current numbers, they could easily be doubled what they are right now in terms of price.

Fantom was done really well the past few months and with the crypto market dropping hard, a lot of people are taking profits from their FTM position. This being one of the reasons I think we could still see a lower price coming up. But I’ll dollar cost average in so I don’t see my dip buy keep dipping. But let’s look at them a little closer and then we will look at some price predictions.
Fantom was launched in December 2019 by Michael Kong to support dApps and digital assets, among others. It uses Asynchronous Byzantine Fault Tolerant (aBFT) proof-of-stake consensus algorithm to implement security, low transaction fees, and high throughput.

FTM is the primary utility token powering the directed acyclic graphs or (DAG) smart contract platform, Fantom. It facilitates the creation of advanced decentralized applications and digital assets.

The advantage of a DAG chain is that it makes the network fully independent. This means that the network congestion in one part does not affect the working of the rest of the chain. dApps built on Fantom can benefit from this feature, being able to create their own blockchain networks with governance rules and tokenomics of their choice.

That’s not all, according to the Fantom Foundation, Fantom is the most eco-friendly blockchain in the world, consuming less power yearly than a single average US household.

Many people are feeling compelled to compare FTM to AVAX, and often times, such as this article released today, Fantom and FTM are coming out victorious.

Now I’m not ready to throw in the towel on Avalanche just yet, I believe they are going to have a great year this year, but I do believe that FTM could have a bigger year. In fact, Fantom is still not listed on Coinbase. And if you didn’t know, coinbase is the biggest crypto exchange in the United States. When I hear that, I hear much more growth for the token.

So if you’re wanting to buy some FTM with your coinbase account, at the time of this filming, you cant. But, I find it hard to believe that coinbase doesn’t have intentions to add this popular crypto. No one wants to lose customers to competitors, especially Coinbase.

I’ve already mentioned that Fantom is faster than Solana, as well as being more undervalued than Solana, but where it also edges out Solana, is the fact that Fantom is compatible with Ethereum, while Solana is not. Why is that important, well when it comes to dapps jumping ship from Ethereum, it may just be easier and worth the time and effort to jump ship to Fantom over Solana.

#fantom #ftm #crypto

Видео The Fantom FTM Token | Why I'm Betting BIG On FTM + FTM Price Predictions канала Man Up