fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price ...
FTM price recovers from its May 12 low after the launch of the fUSD stablecoin and the possible return of Andre Cronje. After a strong 2,000% rally in early 2021, Fantom (FTM) price collapsed alongside multiple altcoins and even though the blockchain has an impressive capability, it has yet to find mass adoption due to the lack of a compelling use case. FTM price hit an all-time high at $3.46, only to collapse to its pre-bull market lows under $0.25 after the failure of the Solidly DeFi project and the departure of developer Andre Cronje. Data from Cointelegraph Markets Pro and....
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The Fantom price is moving against the general sentiment in the market, while large cryptocurrencies trend to the downside, FTM is reclaiming lost territory. The token is trending to the upside due to speculations about its founder Andre Cronje. pic.twitter.com/SJ0XrCkN8v — iamdefinitelyandre.ftm (@AndreCronjeTech) November 3, 2022 Related Reading: Time To Buy SushiSwap (SUSHI)? Here Are The Levels To Watch At the time of writing, the Fantom price trades at $0.2 with a 17% profit in 24 hours and a 20% profit over the previous seven days. In the meantime, Bitcoin and Ethereum are....
The prominent developer and prolific project founder has stepped down from any involvement in the crypto and DeFi space following the spotty launch of the Solidly project. DeFi architect, Fantom Foundation technical advisor, and Yearn Finance founder Andre Cronje has left the decentralized finance (DeFi) space reeling after deactivating his Twitter account.Cronje’s long-time colleague at the Fantom Foundation Anton Nell stated in a Mar. 6 tweet that both he and Cronje were leaving the crypto space entirely. However, concerns have arisen about the fate of the roughly 25 decentralized apps....
On September 24, 2021, the Fantom Foundation announced the launch of a new non-fungible token (NFT) marketplace that aims to compete with the myriad of NFT markets out there today. The market dubbed Artion is an NFT marketplace built on the Fantom network and claims to bolster “0% commissions, with the near-zero transaction costs.” Fantom Reveals Beta Version of the NFT Marketplace Artion A new NFT marketplace has been announced by the Fantom Foundation following the billions of dollars worth of NFT sales stemming from veteran NFT markets that leverage the Ethereum (ETH)....
If you’re part of the Fantom community or someone fascinated by smart contract platforms, you’re in the right place. A smart contract platform, Fantom, is rising in the crypto space with low fees, lightning-fast transactions, and rock-solid security. Today, we’re talking with Simone Pomposi, the Head Of Marketing at Fantom, who will share his Fantom […]
Following the fall of TerraUSD, DEI, the algorithmic stablecoin by DEUS Finance, takes a nosedive below 60 cents. As the market continues to mourn over losses on the Terra UST and LUNA debacle, DEI, a stablecoin used as a collateral mechanism for third-party instruments built on the Fantom-based decentralized finance (DeFi) protocol DEUS Finance (DEUS), has failed to maintain its dollar peg, falling below 60 cents on Monday. As the price of DEI hit an all-time low of $0.52, its market capitalization also followed, dropping from almost $100 million to around $52 million. However, despite....