FANTOM (FTM) Price, Analysis, Predictions, and Calculator

According to Miles Deutscher, bear markets create desperation among key opinion leaders, founders, and venture capitalists, leading them to seek final opportunities for profit. Retail investors, driven by a similar desperation for significant returns, may also engage in these opportunities. Deutscher suggests that early involvement in such scenarios can yield substantial profits, as seen with Fantom, AVAX, and LUNA DeFi projects in 2022. Investors should analyze these past instances for potential market patterns or opportunities (Source: Miles Deutscher).

According to Trader_XO, the trader recalls initiating a successful short position on Fantom when its price reached $3, indicating a profitable strategy during that period.

According to The Data Nerd, a crypto whale with the address 0x8be has recently deposited 10 million Fantom (FTM) tokens, valued at approximately $8.17 million, into Binance. This whale had previously accumulated 23.45 million FTM at an average price of $0.618 two years ago. There is speculation on whether the whale will sell the tokens now or wait for a potential rebranding. If the whale decides to sell, they could realize a profit of around $2 million.

According to RootDataLabs, the top trending cryptocurrency projects in the last 24 hours include Tari, Vana, Sui, Sonic, Sophon, Sonic on Fantom (FTM), Caduceus, EigenLayer, Diamante Network, and LAYER. These projects have gained significant attention and could present potential trading opportunities for investors looking to capitalize on emerging trends in the crypto market.

According to @0xScopescan, a new wallet has received a transfer of 16.7 million FTM, equivalent to $6.5 million, from 21Shares Fantom ETP. This movement of funds could be indicative of strategic positioning or investment changes. Traders should monitor this address and follow @ScopeProtocol and @0xScopescan for further updates.