Fantom Token Hits New All-Time High of $2.29 — Is FTM a Good Investment?

Fantom coin joins the club of major coins and tokens like Bitcoin, Ethereum, and BNB that are on the move for the past couple of weeks. Today, Fantom hit a new all-time high.


According to CoinMarketCap, FTM trades around $2.29, making it the top 36 cryptocurrency asset in the world, at the time of writing.

The FTM coin jumped by more than 25% as the trading volume increased by more than 80%. At press time, the market capitalization for Fantom token is approximately $5,817 billion.


Fantom Token Hits New All-Time High of $2.26 — Is FTM a Good Investment?
Fantom Token FTM/USDT | Image: TradingView

Moreover, the coin’s rally seems to get bigger daily. The crypto community even says that the Fantom token is one of the ‘Ethereum Killers’ along with cryptos Cardano (ADA) and Solana (Sol).

Fantom is a blockchain platform designed to create decentralized applications (DApps) and non-fungible tokens (NFTs). Due to this, many crypto investors think that FTM is a good investment.


FTM token is also often being compared to Solana as it is steadily rising. What's more, crypto analysts and experts like Andre Cronje even said that he’s waiting for FTM to go to $3, then he said he would buy it to do a meme.