The Fantom (FTM) price has increased significantly over the past two days. However, it has yet to reclaim a crucial horizontal level which would indicate that the trend is bullish.
On Nov. 28, Andre Cronje published a Medium thread detailing the financial history of Fantom.
The article describes the entire financial history of the Fantom blockchain, from June 2018, when they raised $40,000,000 in Ethereum (ETH) until Nov. 2022, a time when they have more than $100,000,000 in stablecoins, $100,000,000 in cryptocurrencies and $50,000,000 in non-crypto assets. With the current salary burn, they have a 30-year runway.
The main takeaways from the article are:
