Home Markets Is it time to buy the Fantom dip? Best places to buy Fantom

Is it time to buy the Fantom dip? Best places to buy Fantom

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Fantom’s price plummeted after a major reshuffle in the developer team, but its losses are diminishing, and it looks like it’s getting back on track. The 40th biggest coin by market cap is down just 5% today.

If you are attracted to unique features and want to learn how and where to buy Fantom, this guide is for you.

Top places to buy Fantom now


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What is Fantom?

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers with its own bespoke consensus algorithm.

Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.

Fantom is an open-source decentralized platform for DApps and digital assets that was created as an alternative to Ethereum.

It aims to overcome the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization.

The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.

Should I buy Fantom today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Fantom price prediction

DigitalCoin predicts Fantom will trade for an average of $1.68 this year and $1.82 in 2023. It will grow to $2.43 by 2025 and to $5.82 by 2030.

Despite Fantom’s lackluster performance, Price Prediction is also bullish. They forecast an average of $1.81 in 2022, $2.61 in 2023, and $5.30 in 2025. In 2030, it will have gone up to $32.

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