Fantom (CRYPTO: FTM) has emerged as probably the most traded cryptocurrency by the 1,000 greatest Ethereum (CRYPTO: ETH) wallets previously 24 hours.
What Occurred: Fantom was ranked sixth among the many prime 10 bought tokens of the Ethereum whales with a median buy quantity of $72,962, based on information from cryptocurrency information platform WhaleStats.
The token additionally stood sixth among the many most used good contracts by the largest Ethereum wallets.
See Additionally: How To Purchase Fantom (FTM)
Why It Issues: Fantom describes itself as a directed acyclic graph (DAG) good contract platform offering decentralized finance (DeFi) providers to builders.
It’s an open-source decentralized good contract platform for decentralized apps (Dapps) and digital belongings that have been created as an alternative choice to Ethereum. Greater than 80 Dapps have been deployed on Fantom’s platform, based on its web site.
Worth Motion: Fantom is down 12.0% throughout the previous 24 hours and likewise down 34.7% over the previous seven days, buying and selling at $1.18 at press time.
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