Phantom (FTM) Gains 20 Percent in the Last 24 Hours: Here’s Why Behind the Rise

Blockchain platform Fantom (FTM), which offers a secure virtual machine for smart contracts, has gained close to 20% in the last 24-hour period.

While Bitcoin was flat today, some cryptocurrencies diverged and gained value. Blockchain platform Phantom today close to 20% increase lived. Famous crypto Andre Cronje, 1.5 years on Twitter after a while active again and “.ftm.” a domain name nickname used.

Also, on his LinkedIn profile, the famous developer appears to be Vice President of the Phantom Foundation.

These news are thought to be important developments in the rise of FTM. At the time of Andre Cronje’s “disappearance”, FTM was approx. 3.6 billion dollar market lost its value.

The most valuable according to CoinGecko data 71st cryptocurrency FTM is at its highest level despite today’s rise. 92.4% down From $0.2651 is being traded.

both Below the 100 and 200-day moving averages Watching FTM seems to have received a reaction from its 100-day moving average. If FTM exceeds this level, 0.312 dollar It can show a rapid upward performance up to the levels.

If FTM persists above the $0.312 level, up to $0.43 is thought to be on the rise.

  • The information contained in the content is definitely not investment advice.

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