Fantom Price Tops $0.27 (FTM)

Fantom (CURRENCY:FTM) traded down 4.8% against the US dollar during the twenty-four hour period ending at 11:00 AM ET on June 11th. Fantom has a market capitalization of $694.13 million and $48.57 million worth of Fantom was traded on exchanges in the last 24 hours. One Fantom coin can currently be bought for approximately $0.27 or 0.00000737 BTC on major exchanges. During the last seven days, Fantom has traded down 18.7% against the US dollar.

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

  • Chainlink (LINK) traded down 5.2% against the dollar and now trades at $22.57 or 0.00061019 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00002703 BTC.
  • Polygon (MATIC) traded 4.5% lower against the dollar and now trades at $1.34 or 0.00003618 BTC.
  • THETA (THETA) traded 6.1% lower against the dollar and now trades at $8.22 or 0.00022212 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded down 0.2% against the dollar and now trades at $1.00 or 0.00002702 BTC.
  • Aave (AAVE) traded down 4.4% against the dollar and now trades at $305.35 or 0.00825345 BTC.
  • FTX Token (FTT) traded down 0.8% against the dollar and now trades at $32.22 or 0.00087090 BTC.
  • PancakeSwap (CAKE) traded down 4.3% against the dollar and now trades at $16.74 or 0.00045235 BTC.

Fantom Coin Profile

Fantom (CRYPTO:FTM) is a coin. It was first traded on June 15th, 2018. Fantom’s total supply is 2,545,006,273 coins. The official website for Fantom is fantom.foundation. Fantom’s official Twitter account is @FantomFDN and its Facebook page is accessible here. The Reddit community for Fantom is /r/FantomFoundation and the currency’s Github account can be viewed here.

According to CryptoCompare, “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 protocols. 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 that allows real-time transactions and data sharing at a low cost. “

Buying and Selling Fantom

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

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