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Fantom has observed a decline in TVL from the high of $7.5 Billion to $256 Million - 2
FTM technical indicators are currently favoring a bearish momentum in price. It has observed a drop of 2% in ETH pair.
Fantom is a smart contract platform which provides Defi services to developers using its own consensus mechanism. Fantom aims to resolve the problems like transaction speed of the current smart contract platforms. It was launched originally in 2018 with OPERA and its mainent came into existence in 2019. The smart contract platform is currently used for developing Dapps and is used …
Source: https://www.thecoinrepublic.com/2023/05/14/fantom-price-prediction-is-ftm-ready-for-a-turnaround-to-1/