Can Fasttoken Price Attain All Time High Before Year End?

FTN is the native currency of Bahamut which is a public blockchain that runs on the Ethereum Virtual Machine (EVM). It uses a unique consensus mechanism called proof of Stake and Activity (POSA). POSA rewards validators nor only for their stake, but also for their activity. 

Activity is measured by the amount of gas used by the smart contracts deployed by the validators. The more active a validator is, the more likely they are to be chosen for a block to prosper and earn rewards. FTN also enables cross chain operations with other blockchains.

The Fasttoken crypto exhibits a bullish outlook and forms an upward trajectory. The daily FTN/USD chart shows the price is continuous gaining. The bulls are looking to surpass above the $1.5 level. The price hovers near an all time high.

Moreover, the price performance shows positive gains in both the near term and long term. The price is up by over 23.97% in the past three months and has gained over 55.83% year to date.

Fasttoken Price Prediction 2023

The RSI implies a neutral to bullish outlook. RSI line shows a bullish cross of the SMA line and is hovering above the mean line, highlighting strength over the chart.

FTN token price prediction for 2023 showcases a strong bullish outlook in the short term, indicating an upside potential of nearly 11.68%. Analysts’ optimistic estimate is that the price could advance to a high of $1.505 by the year-end. However, the pessimistic view of analysts predicts that the price could drop to $1.3007.

Fasttoken Price Prediction 2024

As per our analysts, the most optimistic target that the Fasttoken token may achieve is $2.845; suggesting an upside potential of 110.85% from the CMP. The average analyst price target to be attained is $2.36 by the end of 2024. However, the pessimistic view of analysts expects the price to reach $1.692.  

Fasttoken Price Prediction 2025

According to the most optimistic analysts’ projections, the FTN price could reach up to $3.741 in the next three years as its highest value. The price may surpass $3.121 according to the average forecast of the analysts. The minimum forecasted price by the end of 2025 is $2.775.

Fasttoken Price Prediction 2026 

The price analysis for the year 2026 shows that the FTN cryptocurrency may achieve $4.944 as the highest price. The bearish view of the analysts expects the price to reach a low of $4.148 by 2026. 

Fasttoken Price Prediction 2027

The most bullish analysts foresee a potential value of $6.245 by the year 2027. A minimum price target that the FTN crypto may achieve by 2027 is $5.455. 

Fasttoken Price Prediction 2028

The price forecast of the Fasttoken crypto shows that it may reach a high of $8.573 by 2028 if the most optimistic condition prevails. By 2028, the analysts’ lowest forecast for the Fasttoken is $7.233.

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss. 

Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.