Fantom Price Hits $1.02 on Major Exchanges (FTM)

Fantom (FTM) traded up 2.1% against the US dollar during the twenty-four hour period ending at 19:00 PM E.T. on March 28th. One Fantom coin can currently be bought for about $1.02 or 0.00001444 BTC on major exchanges. During the last week, Fantom has traded 8.9% lower against the US dollar. Fantom has a total market capitalization of $2.86 billion and $181.32 million worth of Fantom was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded down 1.5% against the dollar and now trades at $0.45 or 0.00000637 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.7% higher against the dollar and now trades at $0.0093 or 0.00000013 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Fantom Coin Profile

Fantom’s launch date was June 16th, 2018. Fantom’s total supply is 3,175,000,000 coins and its circulating supply is 2,803,634,836 coins. Fantom’s official Twitter account is @fantomfdn and its Facebook page is accessible here. The Reddit community for Fantom is https://reddit.com/r/fantomfoundation and the currency’s Github account can be viewed here. The official website for Fantom is fantom.foundation.

According to CryptoCompare, “Fantom (FTM) is a blockchain platform based on the Directed Acyclic Graph (DAG) consensus system. It is designed to solve the scalability and versatility issues of existing blockchain solutions by providing a faster, more secure transaction processing system. The primary token of the Fantom network is the FTM, used to secure the network through staking, governance, payments, and for fees. Fantom was created in 2018 by Michael Kong, Dr. Ahn Byung Ik, and Dr. Ahn Byung Jun. Money transfers take around 1 second and cost about $0.0000001, and FTM is also needed for on-chain governance. FTM is available as native mainnet token, as ERC-20 token, and as BEP-2 token and can be purchased on all major cryptocurrency exchanges.”

Buying and Selling Fantom

It is usually not presently possible to purchase alternative cryptocurrencies such as Fantom directly using US dollars. Investors seeking to trade Fantom should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Fantom using one of the exchanges listed above.

FTM/USD price chart by TradingView