Fantom (FTM) price has seen a bullish trend, which is worth analyzing. At the time of writing, Fantom’s price was trading at $0.261536 with a 24-hour trading volume of $407,044,934, as per CoinMarketCap. Data shows that the token was up 20.28% in the last 24 hours and ranked #67, with a live market cap of $665,610,896.
Based on the below chart analysis, Fantom crossed the $3 threshold twice in 2021 while trading at $0.2-$0.4 at the beginning of the year.
During that year, FTM recorded a 10x growth, setting two all-time highs at almost the same level in a span of 12 months. The first highs were witnessed at the time of the overall market growth in February and May. The second highs were seen in September 2021 and January 2022, when Fantom was worth $3.16 and $3.3, respectively, when the crypto market recorded its peak growth.
Numerous developments contributed to the growth of Fantom’s value throughout 2021. In May last year,…
