Fantom Heads Towards a Massive Recovery, New ATH Incoming for FTM Price!

The post Fantom Heads Towards a Massive Recovery, New ATH Incoming for FTM Price! appeared first on Coinpedia — Fintech & Cryptocurreny News Media| Crypto Guide

After declining for about two weeks, Bitcoin is now back and has surpassed the important levels. With the shift in BTC’s sentiment the overall market too traded in green and registered gains.

Bitcoin at the time of writing is trading at $42.709. Second largest cryptocurrency Ethereum is trading at $3289. Cardano has emerged as a winner and has gained more than 9 percent and is trading at $1.39.

Fantom (FTM) price is inching closer to its ATH set in October 2021, it is just 5 percent down from the ATH and is trading at $3.28.

In the last seven days the Altcoin has gained more than 40 percent and the coin is at 25th place on the list. .Fantom’s total value has risen from $1 billion in September to $7 billion now.

The Fantom Foundation provided a list of significant milestones reached at the end of 2021, including daily transaction counts of 700,000 and unique addresses in the 1.4 million range.

Fantom keeps growing!

$5.3b TVL

1.4m+ unique addresses

700k daily transactions

78.9k unique daily users

354k unique monthly users

$8.6B volume on @MultichainOrg

93k smart contracts

sources:@FtmScanHQ @nansen_ai pic.twitter.com/VL5HJsx7Gr

— Fantom Foundation (@FantomFDN) December 29, 2021

Following a market-wide fall, the coin fell to $1.26 by mid-December, but it began to recover in the last days of the month, closing the year at $2.25. After reaching $2.6, the coin tried another recovery, which was rejected once more.

This time, FTM fell to $2.4,
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