Fantom Price Data
Fantom (FTM)
currently has a price of
$0.50
and is
down
-16.28%
over the last 24 hours. The cryptocurrency is ranked
–
with a market cap of
$0.
Over the last 24 hours, it saw
$433.6k
of trading volume. The token has a circulating supply of
0
tokens out of a total supply of
3.2B
tokens.
Fantom (FTM) is a smart-contract platform developed in South Korea, offering improved performance compared to older systems like Ethereum. It operates through a network of decentralized applications (dapps), aiming to provide high speed, low transaction costs, and enhanced security. Fantom has undergone a significant transformation, rebranding as Sonic Labs and introducing a new native token, Sonic (S), to replace the previous Fantom (FTM) token. This strategic move aims to enhance scalability, speed, and user experience within the ecosystem.