Famous Analyst Believes An Overlooked Ethereum Rival Will Increase 300 Percent!

The job of Ethereum (ETH), which has been running unrivaled in the crypto money market for a long time, is getting harder every day. With the growth and development of the market, strong competitors such as Cardano (ADA), Solana (SOL), Polkadot (DOT) and Avalanche (AVAX) have shaken the throne of Ethereum in a sense.

Trying to deal with such strong opponents, ETH seems to have gained another rapidly growing competitor recently.

Many projects known as “Ethereum killers” have hit an all-time high this year. However, renowned analyst Coin Bureau predicts that an ETH competitor, Phantom (FTM), has been overlooked and that this crypto-asset will experience a massive price increase by the end of the year.

According to the analyst, there are many developments that will trigger the price increase. Among the most important of these are the listing of Fantom (FTM) on the Coinbase crypto exchange, the allocation of $1 billion in huge funds to the ecosystem, and the inclusion of Andre Cronje from Yearn Finance, an expert in this field, in the core staff.

On the other hand, Phantom (FTM) started 2021 at $0.016 and rose to $3.48 as of October. As can be seen, there has been a very serious increase in Phantom throughout the year. But, according to the analyst, this uptrend will continue until the $10-12 level.

The analyst believes that the Phantom (FTM) will rise 300 percent in a bull run in cryptocurrencies. Also, according to the analyst, Phantom is superior to Ethereum in terms of technology and therefore has great potential. In addition, FTM also hosts many Ethereum-based DeFi protocols, including Curve Finance (CRV), Cream Finance (CREAM) and Yearn Finance (YFI) with a total market capitalization of $5.5 billion.

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